Contract Credit Risk Modeling Jobs in Chicago, IL

• Apply expert-level analytical skills to complex credit risk problems using internal and external data sources
• Design and produce recurring and ad-hoc reports, dashboards, and analytical tools
• Conduct credit portfolio analytics, including vintage analysis, trend assessments, risk segmentation, and predictive analysis
• Support development, simulation, validation testing, and reporting for risk decision strategies
• Define business requirements for analytics and reporting
• Govern data quality, lineage, and key risk indicators for Business Banking
• Lead or participate in strategic initiatives involving credit risk analytics, reporting transformation, and process modernization
• Provide subject-matter expertise on regulatory, policy, and industry requirements
• Advise senior leaders on portfolio quality, emerging risks, model or policy impacts, and monitoring improvements
• Partner with first- and second-line stakeholders on originations, credit policy changes, and portfolio strategies
• Execute risk, regulatory, and management reporting for internal and external stakeholders
• Interpret regulations and assess impacts on risk reporting frameworks
• Recommend business priorities, resource requirements, and strategic roadmaps
• Manage resources and lead strategic initiatives
• Measure risk reporting effectiveness and recommend changes
• Lead development and maintenance of risk reporting frameworks
• Represent risk reporting during regulatory audits and examinations
• Develop and manage information management systems and process improvements
• Lead change management and operational programs
• Design, develop, and implement management and regulatory reporting solutions
• Execute scheduled reporting production processes accurately and efficiently
• Maintain and monitor key risk indicators
• Analyze data to provide portfolio risk insights, including capital-at-risk modeling and risk/return assessments
• Select data sources with internal data owners and external vendors
• Ensure governance and controls across risk reporting activities
• Support audits, stakeholder relationships, procedures, training tools, and data accuracy

Requirements

• Typically 7+ years of relevant experience
• Post-secondary degree in related field of study or equivalent combination of education and experience
• Expert knowledge of risk management metrics, KPIs and KRIs
• Expert knowledge of industry trends and regulatory requirements for risk reporting
• Expert product knowledge for the designated business/portfolio
• Expert knowledge of risk management theory, processes and portfolio management reporting techniques
• Expert knowledge of reporting and analytics concepts and applications
• Expert knowledge of risk systems technology
• Advanced proficiency in SAS, Python, and Power BI
• Experience with credit risk analytics, preferably within Business Banking or mid-market lending
• Experience with vintage analysis, trend assessments, risk segmentation, predictive analysis, cohort performance tracking, and early-warning indicator development
• Knowledge of Business Banking lending products
• Strong understanding of regulatory expectations and internal policies
• Expert verbal and written communication, analytical and problem-solving, influence, collaboration, and data-driven decision‑making skills
• Ability to manage ambiguity

Core Competencies

Demonstrates expert knowledge in credit risk analytics, regulatory requirements, and risk management metrics, with a strong ability to design and implement reporting solutions and manage strategic initiatives. Proficient in utilizing advanced analytical tools and techniques to provide insights and recommendations for portfolio management.

Highest-signal resume keywords

• Credit Risk Analytics
• SAS Proficiency
• Python Proficiency
• Power BI Proficiency
• Regulatory Reporting

Hard Skills

• Credit Risk Management
• Risk Segmentation
• Predictive Analysis
• Vintage Analysis
• Trend Assessment
• Data Analysis
• Portfolio Management Reporting
• Risk Management Theory
• Reporting and Analytics Concepts
• KPI and KRI Metrics

Soft Skills

• Analytical Problem‑Solving
• Influence
• Collaboration
• Data-Driven Decision‑Making
• Communication

Industry Keywords

• Business Banking
• Regulatory Requirements
• Credit Policy
• Portfolio Quality
• Emerging Risks

Tools & Technologies

• Risk Systems Technology
• Information Management Systems
• Management Reporting Solutions