Job details

Credit Data Analyst - Potential for remote

Be part of something more.

A majority of our time is spent “at work.” We believe that time most meaningful when it’s spent around people who care about you and who challenge you. We hire people who know how to make good decisions, because we won’t be constantly looking over your shoulder—you’ll be empowered to do what’s right for our customers. Most importantly, we’re a partner. We partner with our associates to help them thrive personally and professionally. We partner with our communities and the organizations that support them. And, we partner with our customers to create an experience they won’t find elsewhere.

The Allowance for Credit team supports the Corporate Finance department by providing data to guide UMB’s reserve levels.

As the Credit Data Analyst, you will be responsible for assisting in the execution, reporting, re-calibration, review, automation, and documentation of all Allowance for Credit Loss (ACL) models. This associate will work with the ACL Team assisting in statistical analysis of datasets to identify trends, patterns and correlations that will provide deeper insight into the various loan portfolios. Applying forecasting techniques to ensure conceptual soundness of analytical approaches with supporting documentation. Build and support production and automation of the forecasting processes. This associate will work directly with the ACL Data Science team and senior and executive leadership from the Finance and Credit Administration.

How you will spend your time:

Assist with execution of the Commercial, Commercial Real Estate, Consumer, Credit Card Portfolio, and all other loan portfolios’ ACL models.
Build queries of data and write code to automate model processes.
Evaluate model risks and reaches conclusions on strengths and limitations of the models.
Communicate and help provide documentation with external and internal parties including external and internal audit, regulators, model risk management, and ad hoc reporting requests from various lines of business within the Bank.
Assist with the preparation of the ACL model methodology and support for statistical methods and assumptions.
Provide statistical reporting support to both the Chief Credit Officer and the Chief Credit Risk Officer.
Other duties as assigned.

We’re excited to talk to you if you:

Have a bachelor’s degree in Statistics/Applied Mathematics, Economics or Computer Science.
Have 3 years' experience in risk management processes, data management, model development/ validation, consulting, banking, or other financial services industry.
Or have any combination of education and experience that would provide an equivalent background.
Demonstrate proficiency in a programming language such as Python.
Are proficient in Microsoft Excel and SQL.
Exhibit excellent technical writing skills to produce effective reports.
Display excellent verbal communication skills to interact effectively with various stakeholders and regulators.
Enjoy working independently and under pressure.
Have an understanding & ability in working with internal “clients” in a service-oriented and value-add style.
Demonstrate project management abilities.
Have the ability to work in a fast-paced and challenging environment with a desire to learn and the ability to adapt.
Demonstrate basic knowledge & understanding of financial theory and risk related models such as credit risk, market risk, operational risk, asset & liability management, PD/LGD/EAD estimation, and economic capital calculation.

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Compensation Range:

Minimum: $87,570.00 - Mid Point: $125,055.00

The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to

talentacquisition@umb.com

to let us know the nature of your request.

If you are a California resident, please visit our

Privacy Notice for California Job Candidates

to understand how we collect and use your personal information when you apply for employment with UMB.

By UMB Financial Corporation

With our position of trust and our tradition of integrity, our shared mission is to know our customers and anticipate their needs; advocate and advise; innovate and surprise.

FUNDING

INDUSTRY

TEAM SIZE

LOCATION

Hybrid, based in Kansas City, MO

DATE POSTED

July 23, 2023