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Credit Risk Developer Jobs in Kentucky (NOW HIRING)

Traditional Bank

MORTGAGE LOAN OFFICER I

Lexington, KY · On-site

Reviews credit report history and assesses the client's capacity to repay the debt in accordance to ... Develops and maintains contract with local realtors, developers, and builders to promote and ...

King's Daughters

Network Engineer

Morehead, KY · On-site +1

... credit are not counted. Certifications & Licensures: N/A Working Conditions A. Lifting, pushing, and/or pulling objects up to 50lbs: 2. Occasional ( 50% of the time) F. Risk of back injury from ...

UK St Claire

Nurse Navigator I

Morehead, KY · On-site

... programming for patients and staff. • Maintains advanced specialty training, certifications ... Volunteer work and internships for academic credit are not counted. Certifications & Licensures ...

UK St Claire

APP I, Urology

Morehead, KY · On-site +1

Volunteer work and internships for academic credit are not counted. Certifications & Licensures ... Also involves occasional exposure to risk of injury from moving, lifting, or positioning patients ...

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Credit Risk Developer information

What is the difference between Credit Risk Developer vs Credit Analyst?

AspectCredit Risk DeveloperCredit Analyst
Required CredentialsBachelor's in Finance, Economics, or related field; often some programming knowledgeBachelor's in Finance, Economics, or related field; strong analytical skills
Work EnvironmentDevelops risk models, works with data and software toolsAnalyzes credit data, assesses borrower risk, prepares reports
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, lending institutions, credit bureaus

While both roles focus on credit, the Credit Risk Developer primarily builds and maintains risk models using programming and data analysis, whereas the Credit Analyst evaluates individual creditworthiness and prepares risk assessments. Both roles are essential in credit decision processes but differ in technical focus and daily tasks.

What are Credit Risk Developers?

Credit Risk Developers are specialized software developers who design, build, and maintain systems that assess and manage financial risk for lending institutions or investment firms. They create algorithms and tools that analyze credit data, model potential losses, and ensure compliance with regulatory requirements. Their work supports decision-making processes related to lending, underwriting, and portfolio management. Typically, they collaborate closely with risk analysts, data scientists, and financial professionals to develop solutions that improve risk assessment accuracy and efficiency.

How does a Credit Risk Developer typically collaborate with risk analysts and business stakeholders?

A Credit Risk Developer often works closely with risk analysts to understand credit risk models and translate their requirements into robust software solutions. Regular meetings with business stakeholders are common to gather feedback, ensure alignment with regulatory standards, and adapt to changing business needs. This role requires strong communication skills to bridge the gap between technical and non-technical teams, ensuring that risk assessment tools are both accurate and user-friendly.

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

To thrive as a Credit Risk Developer, you need strong programming skills (such as Python, Java, or C++), a solid background in mathematics or finance, and experience with credit risk modeling. Familiarity with risk management systems, statistical analysis tools, and relevant certifications (like FRM or CFA) is often required. Exceptional problem-solving abilities, collaboration, and clear communication set outstanding candidates apart. These skills ensure accurate development and maintenance of credit risk models, enabling effective risk mitigation and regulatory compliance in financial institutions.
What job categories do people searching Credit Risk Developer jobs in Kentucky look for? The top searched job categories for Credit Risk Developer jobs in Kentucky are:
What cities in Kentucky are hiring for Credit Risk Developer jobs? Cities in Kentucky with the most Credit Risk Developer job openings:
Credit Risk Developer jobs near you
MORTGAGE LOAN OFFICER I

MORTGAGE LOAN OFFICER I

Traditional Bank

Lexington, KY • On-site

Full-time

Posted 17 days ago

Job description

false false false EN-US X-NONE X-NONE ANNUAL SALARY + COMMISSION
SUMMARY
The Mortgage Loan Officer (MLO) initiates the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate transactions.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

  • Meets with and interviews potential and current clients to understand their lending needs to include fist-time homebuyer mortgages and refinance of existing loans.
  • Explains the differences between and approval requirements of various types of mortgage financing options; prepares and presents financing options on client specifications and needs.
  • Assists clients with completion of the mortgage application, inspecting completed documents for accuracy and thoroughness, and gathers and reviews financial credit documentation for pre-qualification for mortgage financing.
  • Reviews credit report history and assesses the client's capacity to repay the debt in accordance to Ability to Repay (ATR) requirements.
  • Based on predetermined requirements, assesses, and grants or rejects mortgage applications based on bank/regulatory/investor or agency qualification requirements.
  • Maintains knowledge of trends and developments in the local real estate market, current and predicted lending rates; and changes in qualification, regulations, and best practices for various mortgage loan products.
  • Develops and maintains contract with local realtors, developers, and builders to promote and encourage the use of bank services for residential mortgage financing.
  • Prices mortgage rates in accordance to bank and regulatory guidelines.
  • Attends and manages the loan closing process.
  • Maintains high client confidentiality.
  • Operates and uses current mortgage loan software to prepare loan applications and disclosure packages.
  • Completes on-line compliance training as required.
  • Performs other duties as required.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED 1.High school diploma or equivalent with a minimal of 3 years of mortgage lending experience to include secondary market experience or a minimum of 5 years of banking experience. 2.NMLS number is required 3.Ability to understand, interpret, and adhere to regulatory and risk management requirements. 4.Proficient in creating and maintaining organized and professional reporting documents. 5.Strong analytical, organizational, and communication skills. 6.Strong oral and written communication skills. 7.Self-efficient and self-motivated person who is resourceful in completing tasks accurately and timely. PHYSICAL DEMANDS... The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand; walk and sit. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision and distance vision. The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements

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