The Portfolio Analyst (CECL) supports the organization's Current Expected Credit Losses (CECL) modeling, reporting, and analysis. This role assists in collecting, validating, and analyzing loan ...
The Portfolio Analyst (CECL) supports the organization's Current Expected Credit Losses (CECL) modeling, reporting, and analysis. This role assists in collecting, validating, and analyzing loan ...
Partner with Finance and executive leadership on forecasting, CECL/ECL reserves, stress testing, and capital planning Essential Functions * Define and enforce enterprise credit risk strategy and ...
Partner with Finance and executive leadership on forecasting, CECL/ECL reserves, stress testing, and capital planning Essential Functions * Define and enforce enterprise credit risk strategy and ...
Plan and execute models in the production Reserves and Loss Forecasting process with a focus on CECL, as well as allied quantitative estimates such as recoveries and scenario management and stress ...
New
Plan and execute models in the production Reserves and Loss Forecasting process with a focus on CECL, as well as allied quantitative estimates such as recoveries and scenario management and stress ...
New
Familiarity with CECL models is a strong plus. Professional Skills * Ability to work effectively across cross-functional teams, including Compliance, Audit, and Model Risk Management. * Strong ...
Familiarity with CECL models is a strong plus. Professional Skills * Ability to work effectively across cross-functional teams, including Compliance, Audit, and Model Risk Management. * Strong ...
Cecl information
What are typical career growth opportunities for someone working in a CECL Analyst role?
CECL Analyst roles offer a clear pathway for professional growth, often leading to senior analyst, risk management, or even leadership positions within finance and risk departments. With experience, you may take on responsibilities such as managing larger modeling projects, supervising junior analysts, or contributing to broader enterprise risk strategies. Continued skill development in data analytics, regulatory compliance, and financial modeling can also position you for advancement. Many organizations actively support CECL professionals with training and cross-functional opportunities to help you build a long-term career in quantitative risk analysis.
What are the key skills and qualifications needed to thrive in the Cecl position, and why are they important?
To thrive as a CECL (Current Expected Credit Loss) Analyst, you need a strong background in finance, accounting, and statistical modeling, often complemented by a degree in finance, mathematics, or a related field. Familiarity with CECL compliance standards, quantitative risk modeling software, and data analytics platforms is critical, and certification such as a CPA or FRM is often valued. Analytical thinking, problem-solving skills, and clear communication are essential soft skills for effectively collaborating across finance and risk teams. These competencies ensure accurate expected credit loss modeling, compliance with regulatory requirements, and effective stakeholder communication in financial institutions.
What is a CECL job?
A CECL job typically involves managing the Current Expected Credit Loss (CECL) standard, which requires financial institutions to estimate expected credit losses over the life of a loan. Professionals in this role work with financial modeling, data analysis, and risk assessment to ensure compliance with accounting standards. They often collaborate with risk management, finance, and regulatory teams to develop loss forecasting methodologies and reporting processes.
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What are popular job titles related to Cecl jobs in Utah? For Cecl jobs in Utah, the most frequently searched job titles are:
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Job description
Description
At First Electronic Bank (FEB), we are driven by the purpose to make credit accessible to everyday Americans, and their businesses. Partnering with some of the most innovative FinTech companies in the nation, we offer a wide range of consumer and commercial credit products on a national basis. Offering revolving lines of credit, private-label credit cards, installment financing programs and more, FEB's engages with strategic, collaborative partnerships, promoting services and products to provide the most beneficial consumer and commercial financing solutions.
The Portfolio Analyst (CECL) supports the organization's Current Expected Credit Losses (CECL) modeling, reporting, and analysis. This role assists in collecting, validating, and analyzing loan portfolio data to support allowance calculations, risk assessments, regulatory reporting, and management presentations. The ideal candidate has strong analytical skills, attention to detail, and a desire to grow within credit risk and financial modeling.
What You'll Do:
- CECL Data & Modeling Support
- Assist with preparing and validating monthly/quarterly CECL dataset inputs, ensuring accuracy and completeness.
- Support the execution of CECL models, including probability of default (PD), loss given default (LGD), and prepayment models.
- WARM methodology and Static Pool/Vintage Loss analysis.
- Help maintain model documentation and version control.
- Analysis & Reporting
- Assist in generating CECL allowance calculations and variance analyses.
- Prepare supporting schedules, workpapers, and dashboards for internal stakeholders and auditors.
- Identify trends in portfolio performance, credit quality, and model outputs.
- Controls, Compliance & Audit Support
- Support internal and external audit requests related to CECL processes and controls.
- Ensure CECL processes align with regulatory guidance and internal policies.
- Contribute to the enhancement of data quality procedures and risk controls.
- Cross-Functional Collaboration
- Partner with Credit, Finance, Accounting, and Data teams to gather required inputs and clarify assumptions.
- Support ad hoc analysis and special projects related to credit risk, loan portfolio performance, or regulatory changes.
Requirements
What We're Looking For:
- Degree in Finance, Economics, Accounting, Mathematics, Statistics, Data Analytics, or related field.
- Strong analytical and quantitative skills.
- Previous experience with vended software, like Moody's Portfolio Analyzer or Impairment Studio preferred.
- Proficiency in Excel; basic familiarity with SQL, R, Python, and data visualization tools.
- Ability to work with large datasets and identify discrepancies.
- Strong organizational skills and attention to detail.
Preferred Qualifications
- 5+ years of experience in financial services, banking, credit risk, accounting, or data analytics.
- Exposure to CECL methodology, ALLL, or other credit modeling frameworks.
- Experience with loan servicing or core banking systems.
- Understanding of credit risk metrics and loan portfolio structures.
Key Competencies
- Analytical thinking
- Problem-solving
- Data accuracy and precision
- Ability to manage multiple priorities
- Strong communication skills
- Initiative and willingness to learn complex financial concepts
About First Electronic Bank
Sourced by ZipRecruiter
Company size
51 - 200 Employees
Headquarters location
Salt Lake City, UT, US
Year founded
2000