Jobs for People with MS: National MS Society

Overview

Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.

PenFed is hiring a (Hybrid) Senior Manager, Quantitative Analytics at our San Antonio, Texas location. The primary purpose of this job is to work with cross functional teams to lead the implementation of quantitative models, including credit risk, prepayment, and loan originations models; collaborate with stakeholders to determine allowance for loan losses, and to support stress testing, financial planning and budget process. These activities will be coordinated across several key resources throughout the organization, including Accounting, Risk, FP&A, Financial Transformation, and IT, as well as external vendors.

Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

• Manage the implementation of models for loan losses allowance, CECL, stress testing, new volume origination, line of credit utilization, and prepayment models for all products, including credit card, personal loan, student loan, auto loan, mortgage, HELOC, and commercial loan.

• Collaborate effectively with key stakeholders to set allowance for loan losses under the appropriate accounting rules.

• Present and defend results to executive leadership, internal stakeholders, regulators, and auditors using clear and concise methods.

• Implement internally developed or vendor developed models for consumer and commercial credit loss estimation.

• Conduct analyses to determine root cause and impact and propose solutions to remediate model performance issues.

• Ensure a high degree of data quality and accuracy in all model results and reporting.

• Monitor performance of quantitative models and support independent model validation efforts in accordance with the model risk management policy.

• Responsible to establish and document model implementation controls that satisfies model risk management, audit, and regulatory requirement.

Qualifications

Equivalent combination of education and experience is considered.

• Master’s Degree in Mathematics, Statistics, Economics, Engineering, or a related field is preferred.

• Minimum of ten (10) years of experience in quantitative modeling development or implementation.

• Minimum of two (2) years’ experience in a management role.

• Experience with SAS, R and Python and proficiency working with large datasets is required.

• Candidate should have experience in at least one (1) of the following areas, real estate products, auto, credit card, student loan, or commercial loan.

• Excellent communications skills – internally and externally, including with regulators and auditors.

• Excellent analytical ability.

• Experience in presenting to executive leadership is required.

• Experience in CECL and stress testing is required.

Supervisory Responsibility

This position will directly supervise employees.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.

Travel

Ability to travel to various worksites and be on-call is required.

About Us

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more. Equal Employment OpportunityPenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.