GENERAL FUNCTION: This function includes
direct interaction with Enterprise Risk Management and Finance
senior management. The Senior Credit Risk Allowance Analyst, along
with the Allowance for Loan Loss Manager, are charged with
assisting the LoanLossReserve Committee in developing quarterly
estimates of the allowance for loan and lease losses that conform
to appropriate accounting principles and regulatory
ESSENTIAL DUTIES & RESPONSIBILITIES:
* Lead the development and production of Allowance for Loan and
Lease Losses (ALLL) methodology and reporting in assigned
oAssume responsibility for the existing ALLL methodology and all
related calculations and reports, which requires the employee
.Develop an understanding of existing and proposed credit loss
models and ALLL methodologies.
.Identify, analyze, and support significant assumptions used in
credit loss models and ALLL methodologies.
.Maintaining credit loss model and ALLL methodology documentation,
including Model Validation templates and Sarbanes-Oxley risks and
.Work collaboratively with Internal and External Auditors, Federal
Reserve Bank Examiners, and Model Validation
oTypical duties include:
.Perform studies to estimate loss emergence and look-back periods
for significant commercial product groups.
.Use assigned models to develop credit loss
Perform edit/validation checks and analytical reviews as necessary
to verify data inputs are complete and accurate.
Manage and adhere to end-user computing controls.
Perform analytical review on model outputs to understand changes in
modeled credit losses and to identify any errors or
.Perform and/or leverage portfolio analysis such as
industry/geographic/product/other segmentation and determine impact
.Perform analyses including vintage and cohort/attribution
analysis, transition matrices, etc.
.Develop, analyze, and justify specific qualitative factors to
support the level of qualitative adjustments to model output and
the level of the unallocated component of the ALLL, incorporating
macroeconomic factors and regulatory guidance.
.Maintain procedural documents, data and calculation reference
.Document controls in the ALLL process and perform tests of their
design and operating effectiveness to assist in compliance with
.Provide support to the Risk Management division and other
downstream users of credit risk information.
.Assist in developing ALLL estimates for CCAR stress
.Communicate with internal stakeholders: Maintain regular
communication with Accounting, the lines of business, various data
sources, and Risk Management groups to ensure that all appropriate
items and issues are addressed, and that important itemsaresuitably
documented and presented to senior management.
.Assume additional responsibilities as required to fulfill data
* Process Improvement:
oParticipate in the development of new ALLL model(s) and
oCollaborate with the teams who design, develop, implement,
document and maintain new models and methodologies to improve the
quality, consistency and transparency of the estimation
oProvide alignment of methodologies, data, and reports between the
allowance, economic capital, and loss forecasting.
oDevelop relationships within appropriate levels of management for
process improvement ideas, issue identification and
SUPERVISORY RESPONSIBILITIES: No direct supervisory
responsibilities, however, expected act as a mentor to junior