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Credit Risk Data Science Jobs in Indiana (NOW HIRING)

Executive Vice President

Marion, IN · On-site

$200K - $250K/yr

Evaluate business performance through KPIs, dashboards, and data-driven insights. * Oversee loan portfolio performance, credit quality, pricing, product development, and market expansion. * Risk ...

Cyber Data Protection Manager

Indianapolis, IN · Remote

$106K - $143K/yr

If so, consider joining Deloitte & Touche LLP's growing Cyber Risk Digital Trust & Privacy practice ... Bachelor's degree in Cybersecurity, Information Security, Engineering, Computer Science ...

AI Data Engineer - Manager

Indianapolis, IN · On-site

$109K - $131K/yr

Risk Management and Ethical Considerations * Work closely with security and risk leaders to foresee ... Bachelor's degree in Computer Science, Statistics, Data Science, Information Systems or related ...

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Credit Risk Data Science information

How does a Credit Risk Data Scientist typically collaborate with other teams within a financial institution?

Credit Risk Data Scientists often work closely with credit analysts, risk managers, and IT professionals to develop, validate, and implement models that assess borrower risk. They frequently participate in cross-functional meetings to translate complex analytical findings into actionable business insights. Collaboration with compliance and regulatory teams is also common to ensure that risk models meet current regulatory standards. Effective communication and teamwork are essential, as the role bridges technical model development and practical risk management decisions.

What is Credit Risk Data Science?

Credit Risk Data Science is a specialized field that uses statistical analysis, machine learning, and data modeling techniques to assess and predict the likelihood that a borrower will default on a loan or credit obligation. Professionals in this field analyze large datasets from financial transactions, credit reports, and market trends to develop models that help financial institutions make informed lending decisions. Their work helps manage risk, set appropriate interest rates, and comply with regulatory standards. By leveraging advanced analytics, credit risk data scientists play a crucial role in minimizing losses and maximizing profitability for banks and lenders.

What are the key skills and qualifications needed to thrive as a Credit Risk Data Scientist, and why are they important?

To thrive as a Credit Risk Data Scientist, you need strong analytical skills, proficiency in statistical modeling, and a solid background in finance, mathematics, or a related field, often supported by an advanced degree. Familiarity with programming languages like Python or R, experience with machine learning frameworks, and knowledge of credit risk modeling tools such as SAS or SQL are typically required. Critical thinking, attention to detail, and effective communication are vital soft skills for interpreting data and collaborating with stakeholders. These abilities are crucial for building accurate risk models, informing strategic decisions, and ensuring regulatory compliance in financial institutions.
What are popular job titles related to Credit Risk Data Science jobs in Indiana? For Credit Risk Data Science jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Credit Risk Data Science jobs in Indiana look for? The top searched job categories for Credit Risk Data Science jobs in Indiana are:
What cities in Indiana are hiring for Credit Risk Data Science jobs? Cities in Indiana with the most Credit Risk Data Science job openings:
Commercial Credit Analyst

Commercial Credit Analyst

Beacon Credit Union

Kokomo, IN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


Job description

Note: We are looking to fill one Credit Analyst opening, wherein the selected employee can be headquartered at various Beacon locations in northern Indiana that have available office space, but preferably Auburn or Wabash. We will consider fully remote status for an experienced candidate, with some travel for training required depending on the location of the candidate.
Role
Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit. Scrutinizes financial data profitability, income growth, and management quality to decide if loans will be lucrative.
Major Duties and Responsibilities
  • Performs the initial and ongoing credit analysis to determine if members' credit requests satisfy policies and procedure guidelines, and prepares and processes all applicable documentation for credit analysis and risk ratings.
  • Images and tracks financial documents, including financial statement, tax return, credit report, risk analysis, annual review report, and loan request presentation report, necessary for annual review and loan approval processes for the borrower.
  • Prepares a detailed narrative based on the financial trends and ratios delivered in the reports presented to loan committees for loan approval and risk rating score assignment purposes.
  • Provides support to Credit Union members and staff in explaining credit policies and procedures.
  • Provides and maintains reporting requirements on Credit Union members' credit obligations, such as watch lists and allowance for loan loss calculations.
  • Assists in special assignments requested by management and members.
  • Provides support for commercial document processing as needed.
  • Performs other related duties as assigned.

Position Qualifications
One to three years of commercial credit analysis or related experience
Four-year college degree or equivalent combination of education and experience
Knowledge of financial spreads and tax returns a plus
Excellent computer skills (Word, Excel)
Ability to work independently with little or no supervision
Must be extremely detail oriented
Excellent communication skills with both internal and external personnel
Ability to foster sound relationships with outside entities
A significant level of trust and diplomacy, in addition to courtesy and tact
Standard position hours are Monday through Friday, 8 a.m. to 5 p.m.
Available Benefits Include:
- Health, dental and vision insurance
- Paid time off
- 401(k) match
- Incentive/bonus program
- Tuition reimbursement
- and more!
Why Beacon?
At Beacon, you're more than just an employee. You're part of a supportive, values-driven community that truly cares. Whether you're drawn by our strong team culture, opportunities for growth in business and finance, or the chance to make a real difference in members' lives, Beacon offers a career with purpose. Our team loves helping people, solving problems, and building meaningful relationships, all while enjoying great benefits, a healthy work-life balance, and a positive, family-oriented environment. Join Beacon where people matter and every day is an opportunity to grow, serve, and thrive.