Summary of Responsibilities:

    Solvency Risk Analyst II directs ALLL methodologies and supporting analytics for all consumer loan portfolios. The Solvency function ensures reserve adequacy through loss estimation and further examines the use of loss forecasts in the consumer loan business setting and economic environment. The analyst position will have an opportunity to gain exposure to credit risk concepts and work with a team to capture the business’s credit risk through quantitative methods. Additionally, the analyst will gain exposure to analytical concepts in data mining, loss forecasting and logistic regression as used in the business for loss forecasting. The Solvency analyst will support the analytical framework of the reserve recommendation and provide quantitative and qualitative analysis for addressing risks the models may not capture. This position is considered a highly quantitative role requiring hands-on analysis as well as problem solving skills.

Essential Functions:

  • Supports the reserve methodology and aggregation of analytics to establish an accurate reserve that adequately covers the businesses credit risk exposure.
  • Participate in a team of analysts responsible for running ALLL, SOP-03 and ad hoc provision analytics.
  • Establish topline model adjustments based on inherent model limitations, model performance, or business and economic risks not captured by the loss forecast.
  • Monitor economic stressors to the business and examine the credit risk impact of economic indicator changes on the loss estimation.
  • Evaluate model assumptions and weaknesses and prepare reports describing the results of the validation analyses.
  • Supports projects aimed at designing, developing and implementing methodologies to measure risk exposure.
  • Ability to present finding in a cohesive, clear and actionable format to upper management.
  • Ensures proper documentation necessary from the compliance standpoint.

Other Functions:

  • Develop working relationships with involved parties internally and externally.
  • Lead projects or special assignments as necessary.


  • Bachelor’s degree required in a quantitative field; Master’s degree preferred.
  • Minimum of two (2) to four (4) years of experience in a similar role.
  • Quantitative and analytical skills required.
  • Experience in consumer credit risk framework.
  • Experience in provisioning methodologies.
  • Understanding financial consequences of risk decisions and accounting principles as they relate to consumer risk.
  • Previous experience in audit/control areas is preferable.
  • Demonstrated working knowledge of advanced statistical packages, such as SAS.
  • Knowledge and ability to validate complex forecasting models/ tools.
  • Proficient with PC software applications such as SQL, SAS, Excel, Word, PowerPoint, Access.
  • Understanding financial consequences of risk decisions and accounting principles as they relate to consumer risk.
  • Familiar with advance credit risk management techniques such as parameter estimation, stress testing, model development and validation, model risk management, capital planning and evolving supervisory policy issues.
  • Knowledge of finance, statistics, accounting, econometrics.
  • Superior written and verbal presentations skills and ability to communicate well with senior management.
  • Flexible, proactive and very professional working style.
  • Ability to work independently and under pressure.
  • Ability to maintain confidentiality.

Competencies Required

  • Regulatory Knowledge & Application
  • Risk Management & Control
  • Qualitative & Analytical
  • Judgment & Decision Making
  • Information & Data Management

Working Conditions:

  • Extended working hours may be required as dictated by management and business needs.
  • Travel to multiple facilities may be required.
  • May be required to lift, push, or pull materials weighing up to twenty (20) pounds.
  • May be required to sit and review information on a computer screen for long periods of time.
  • May require repetitive motions of the hands and wrist related to writing and typing at an electronic keyboard.
  • Corporate / satellite office role.

Employer’s Rights:

This job description does not list all the duties of the job.  You may be asked by your supervisors or managers to perform other duties.  You will be evaluated in part based upon your performance of the tasks listed in this job description.

The employer has the right to revise this job description at any time.  This job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.