Credit Risk Modeling Senior Analyst - Remote

UnitedHealth Group•Draper, UT

19h•Remote

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. The Credit Risk Modeling Senior Analyst will play a key role in developing, enhancing, and maintaining quantitative credit risk models used for Current Expected Credit Losses (CECL), stress testing, and portfolio risk assessment. This role supports both commercial and retail lending portfolios and partners closely with Risk Management, Finance, and Data teams to ensure high quality, analytically sound estimates of expected and stressed credit losses. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Requirements

Bachelor’s degree in Statistics, Applied Mathematics, Economics, Finance, Data Science, or a related quantitative discipline
2+ years of hands-on experience developing, implementing, or validating credit risk models, including CECL, credit loss forecasting, regulatory stress testing, scorecard models, or early warning/behavioral risk models
2+ years of programming experience using Python or SAS, with demonstrated ability to perform data manipulation, model development, model performance monitoring, and statistical analysis

Nice To Haves

Experience with CECL model development, implementation, or execution experience for Commercial Real Estate (CRE) and consumer lending portfolios
Proven solid knowledge of credit risk principles which inform credit loss forecasting
Ability to work in a fast-paced environment, manage competing priorities and to collaborate across the organization
Proven attention to detail and ensure data accuracy, reconciling and loading data
Ability to problem-solve effectively independently
Ability to communicate complex analytical issues in understandable terms appropriate for internal and external stakeholders

Responsibilities

Assist in the design, validation, and maintenance of models to support the Current Expected Credit Losses (CECL) framework, ensuring compliance with regulatory requirements
Assist in the design and execution of enterprise and regulatory stress testing methodologies (e.g., macroeconomic scenario expansion, loss forecasting, sensitivity analysis)
Support external and internal audit and model risk management inquiries for model related documentation
Conduct quantitative analysis as it applies to key business areas or specific types of models
Document models, assumptions, and methodologies in accordance with model governance and audit requirements
Effectively challenge the Bank’s models as requested, including conceptual soundness, assumptions, and appropriateness of model methodology
Collaborate with business groups to assist in developing effective modeling approaches to accurately represent the risks for practical business use
Identify and address potential process gaps or process improvements including data model requirement, structure and use, data governance, policy governance and other quantitative tools
Perform other assignments and special project analysis as requested by management