Financial Risk Analyst I (Business Intelligence & Analytics)

Location: VA Vienna - Headquarters Full/Part Time: Full-Time Regular/Temporary: Regular

Job Description

Employee Perks

Why You Will Love Being Part of the Navy Federal Team:

*Competitive compensation with opportunities for annual raises, promotions, and bonus potential
*Best-in-Class Benefits! (7% 401k match / Pension plan / Tuition reimbursement / Great insurance options)
*On-site amenities include fitness center, wellness center, cafeteria, etc. at Pensacola, FL; Vienna, VA and Winchester, VA campuses
*Consistently Awarded Top Workplace
*Nationally recognized training department by TRAINING Magazine
*An employee-focused, diverse, and service-oriented workplace environment

Basic Purpose

To perform financial analysis and modeling that maximizes profits and asset growth and minimizes operating losses and other risk exposures. Provide analytical support for various business strategies to ensure Navy Federal goals are met. Utilize and adapt financial models and simulation scenarios to optimize business performance and manage strategic risk exposure. Support all Lending businesses, including credit cards, consumer loans, real estate, business services, and education lending.  Assist with the production of performance reports to management. Work under moderate supervision.

Responsibilities:

• Develop and optimize risk strategies and credit guidelines that drive portfolio growth while ensuring that portfolios operate within boundaries of acceptable risk
• Build models to evaluate and optimize business strategies across the lifecycle of products/services
• Conduct statistical/financial analysis on internal and external market data to discover the tradeoffs of competing business objectives such as growth, profitability, market share and competitive position
• Develop business intelligence dashboards to inform decision-making and facilitate risk monitoring
• Provide financial modeling to evaluate and predict profitability and performance of products and/or services
• Create financial reports based on the impact of predictive modeling assumptions
• Develop various financial models and provide cost-benefit analyses for business and strategic opportunities, market share, and profitability
• Develop and test multiple hypotheses using results from analyses to generate and answer new questions leading to more in-depth understanding of business issue(s) being studied
• Evaluate/develop/implement analytical techniques and best practices to gain a competitive advantage
• Lead junior analysts on complex projects, establishing expectations and ensuring accountability
• Scope projects and develop and execute on timelines
• Present results to management and business partners
• Coordinate the production of performance reports for management
• Serve as SME regarding product optimization and risk evaluations
• Identify existing and new issues pertaining to compliance with state and federal regulations to ensure necessary policies, strategies and procedures are implemented
• Perform other duties as assigned or appropriate

Qualifications:

• Bachelor’s Degree in a related field, or the equivalent combination of training, education and experience
• Experience in financial modeling, forecasting, cost benefit analysis and cash-flow analysis
• Working knowledge of statistical methods such as linear and logistic regression, neural networks, decision trees, time-series and forecasting, K-means clustering, survival analysis, etc.
• Working knowledge of mathematical optimization techniques such as linear and mixed-integer programming, including experience in stochastic optimization
• Basic skill in statistical methods/mathematical techniques and related analytical/data collection tools such as SAS, R, Python, SQL, JMP, Hadoop, Tableau, etc.
• Experience in statistical/risk modeling and forecasting preferably related to financial services
• Effective skill in building and maintaining financial models, and perform comparative financial modeling using pertinent industry analysis and current assumptions
• Effective skill in building business intelligence dashboards
• Effective skill researching and analyzing data, processes and trends
• Experience in working with diverse internal and external contacts
• Effective analytical/quantitative, reconciliation and deductive reasoning skills
• Effective research, analytical, and problem solving skills
• Effective skill building effective relationships through rapport, trust, diplomacy and tact
• Effective skill exercising initiative and using good judgment to make sound decisions
• Effective skill presenting findings, conclusions, alternatives and information clearly and concisely
• Effective project management skills
• Effective verbal and written communication skills
• Effective database and presentation software skills
• Effective word processing and spreadsheet software skills
• Desired – Master’s Degree in a related field, or the equivalent combination of training, education and experience
• Desired – CFA (Chartered Financial Analyst)
• Desired – FRM (Financial Risk Manager)

Hours:
8:00 AM-4:30 PM

Equal Employment Opportunity

Navy Federal values, celebrates, and enacts diversity in the workplace.  Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans.  EOE/AA/M/F/Veteran/Disability