In this hybrid role based at our Chicago Headquarters you will develop and review credit policies and strategies.

Essential Responsibilities

• Analyze origination risk factors and recommend/implement improvements in areas such as underwriting criteria lending policies and standards and loan product pricing to increase loan volumes within the risk appetite.
• Review and monitor credit risk for credit cards and recommend/implement line management pricing and authorization strategies.
• Prepare data for third-party quarterly mortgage & consumer loan portfolio performance analysis.
• Provide support and rule recommendations for loan origination system implementation and maintenance.
• Provide data and analytics support to assess risk with respect to future new and enhanced lending products as well as potential loan trading transactions.
• Assess analytics including but not limited to economic capital analysis credit loss modeling and mitigation CECL implementation.
• Query the data warehouse and other databases with tools such as SAP Business Objects / Microsoft SQL Server Management Studio to extract summarize and save relevant data.
• Drive improvements by utilizing statistical techniques in test set-up to more accurately assess effectiveness of proposed risk strategies. 
• Work with other teams such as Advanced Analytics to design and build predictive models in tools such as Python/R/SAS.
• Evaluate implement and monitor third-party scoring solutions.
• Prepare supporting information and present findings to management.
• Generate periodic reports for audit and regulatory compliance and assist with ad hoc requests.
• Help formulate and revise credit policies and procedures to address new regulations. 

Education & Years of Experience

• Minimum- 4 Year Bachelors Degree in Mathematics Statistics Quantitative Finance Engineering Computer Science or Related
• Preferred - Graduate Degree in Mathematics Statistics Quantitative Finance Engineering Computer Science or Related
• Minimum - 3 Years Experience in credit risk analytics within financial services

In Lieu of Education

• 5 Years Experience in credit risk analytics within financial services

Compensation & Benefits:

Typical hiring range:‏‏‎ ‎ $84200.00 to $131000.00‎ Annually. Actual compensation will be determined using factors such as experience skills & knowledge. 

‎Benefits: Alliant provides a benefits package including health care vision dental and 401k with employer match including:

• Annual performance bonus
• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays 
• Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours and job status such as regular full-time regular part-time or temporary employment.

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives. 

The responsibilities listed do not contain a comprehensive listing of activities duties or responsibilities that are required of the employee for this position. Duties responsibilities and activities may change at any time with or without notice.

What We Do

Alliant is unlike any other financial institution — a digital credit union that wows our members. We’re boldly disrupting banking norms to do good for our members employees and communities. With 90 years of history and more than $19 billion in assets Alliant Credit Union is the largest credit union in Illinois and one of the largest in the U.S. Our industry-leading financial products seamless digital experiences and exceptional customer service make banking simpler for our 900000+ members. Fully digital fully human and full of possibility we work to provide our members with experiences that redefine the financial industry challenge the status quo and unleash brilliance.

Why Work With Us

Our employees enjoy a hybrid schedule allowing for flexible remote work and purpose-driven outcome-focused onsite opportunities. Driven by Alliant's guiding principles and values employees across all teams build together to provide our members with industry-leading financial products seamless digital experiences & exceptional customer service.

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