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Freelance Credit Risk Modeling Jobs in Tennessee

... risk incidences, requests ad - hoc analytics from APM, oversees follow-up, and analyzes output to inform decision - making. * Manages and updates credit transaction models utilized within defined ...

It includes ownership of the bank's scorecard models, development and maintenance of risk grading guidance, working with line of business and Credit partners on design and revision to models, and ...

It includes ownership of the bank's scorecard models, development and maintenance of risk grading guidance, working with line of business and Credit partners on design and revision to models, and ...

The Senior Credit Analyst demonstrates extensive knowledge of financial and risk analysis and expertise in financial modeling. The Senior Credit Analyst demonstrates proficiency in underwriting, with ...

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Freelance Credit Risk Modeling information

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

To thrive as a Freelance Credit Risk Modeler, you need a strong background in statistics, quantitative finance, and data analysis, typically supported by a degree in finance, mathematics, or a related field. Proficiency in programming languages such as Python, R, or SAS, along with experience using risk modeling software and knowledge of regulatory frameworks like Basel III, is crucial. Excellent communication, project management, and client relationship skills help distinguish top freelancers in this role. These abilities are essential for delivering accurate risk assessments, meeting client expectations, and maintaining compliance in a dynamic financial environment.

How do freelance credit risk modelers typically collaborate with clients and other stakeholders during projects?

Freelance credit risk modelers usually work closely with client teams such as credit analysts, data engineers, and compliance officers to understand data sources, project objectives, and regulatory requirements. Communication often occurs through regular virtual meetings, progress reports, and collaborative tools to ensure transparency and alignment. Freelancers must be proactive in clarifying goals, sharing preliminary findings, and incorporating feedback to deliver models that meet both technical and business needs. Building strong client relationships and maintaining clear documentation are key to successful collaboration in this role.

What is freelance credit risk modeling?

Freelance credit risk modeling involves independent professionals analyzing and predicting the likelihood that borrowers or counterparties will default on financial obligations. These freelancers use statistical methods, machine learning models, and data analysis to assess credit risk for banks, lenders, or other firms. Their work helps organizations make informed lending decisions, set appropriate interest rates, and comply with regulatory requirements. Freelancers in this field may work on projects like developing credit scorecards, stress testing portfolios, or validating existing risk models.

What is the difference between Freelance Credit Risk Modeling vs Credit Analyst?

AspectFreelance Credit Risk ModelingCredit Analyst
CredentialsRelevant certifications (e.g., CFA, credit risk certifications), strong quantitative skillsTypically requires a degree in finance, economics, or related field; certifications are a plus
Work EnvironmentIndependent, project-based, remote or client-siteUsually in banks, financial institutions, or corporate offices
Industry UsageUsed by consulting firms, freelance platforms, and financial servicesEmployed directly by financial institutions or corporations
Comparison Search IntentUnderstanding freelance opportunities in credit risk modelingAssessing creditworthiness and risk for lending decisions

Freelance Credit Risk Modeling involves independent, project-based work focusing on developing risk models, often remotely. Credit Analysts work within organizations to evaluate creditworthiness, typically in a structured environment. While both roles require financial expertise and similar credentials, their work settings and employment types differ significantly.

What are popular job titles related to Freelance Credit Risk Modeling jobs in Tennessee? For Freelance Credit Risk Modeling jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Freelance Credit Risk Modeling jobs in Tennessee look for? The top searched job categories for Freelance Credit Risk Modeling jobs in Tennessee are:
What cities in Tennessee are hiring for Freelance Credit Risk Modeling jobs? Cities in Tennessee with the most Freelance Credit Risk Modeling job openings:
Credit Risk Analyst

Other

Posted 10 days ago


Job description

ABOUT US

Ascend is the largest credit union in Middle Tennessee and one of the largest credit unions in the United States, with over $4 billion in assets. With an occupation-based field of membership, Ascend is focused on the expansion and diversification of the select employee groups it serves, which creates greater security for the credit union and its member-owners. Approximately 650 employees serve more than 260,000 members from 27 Middle Tennessee branch locations, Regional Operations Center, Teller Center and Corporate Headquarters. Ascend recognizes that its employees are critical to the credit union's sustained success and future growth. Our employees are the face of the credit union and their personal successes fuel the success of the team. Through collaboration between employees, management, our membership and our Board, we fuel an engine that propels the credit union forward.

WHAT WE OFFER

Thank you for your interest in a career with Ascend Federal Credit Union! Being employed by Ascend is vastly different than just holding a job. The credit union prides itself on providing employees rewarding career opportunities, competitive benefits and a unique work culture. The credit union's commitment to its employees is fostered by its commitment to the member-owners, ensuring dedicated and engaged employees to serve the membership. Ascend's vision to be the most loved credit union in our market by employees and members alike has earned the credit union distinctions including Federal Credit Union of the Year (NAFCU, 2015), Best Credit Union to Work For (2016-2025) and Training MVP Awards (2015-2025).

WHAT YOU WILL DO EVERYDAY

As a Credit Risk Analyst, you will support the Chief Lending Officer in monitoring, analyzing, and reporting on credit risk across the Credit Union's consumer, mortgage, and commercial loan portfolios. This is a foundational role with significant opportunity for growth as the Credit Union continues to enhance its credit risk management framework and analytical capabilities. Initially, the Analyst will focus on portfolio monitoring, reporting, and trend analysis. Over time, the role will expand to include advanced risk analytics, policy development support, and the delivery of strategic credit risk insights. The ideal candidate will bring prior credit or analytical experience and demonstrate strong intellectual curiosity, initiative, and a genuine interest in helping build and strengthen the Credit Union's credit risk function. #LI-KB1

HOW YOU WILL MAKE AN IMPACT

       Portfolio Risk Monitoring & Analysis

  • Monitor credit performance indicators including delinquency, charge offs, recoveries, risk ratings, and portfolio migration trends.
  • Analyze loan performance by product type, borrower characteristics, vintage, and other relevant risk segments.
  • Identify emerging credit risk trends, early warning indicators, and areas of potential concern or opportunity.
  • Support the development and enhancement of credit risk models, tools, and frameworks used to evaluate credit proposals and provide risk-based recommendations.

       Reporting & Data Management

  • Prepare recurring and ad hoc credit risk reports for management, committees, and the Board.
  • Assist in the development and refinement of credit risk dashboards and reporting tools, with increasing automation over time.
  • Ensure data accuracy, consistency, and documentation integrity.
  • Collaborate with Lending, Finance, and IT to improve data quality and analytical capabilities.
  • Utilize programming and analytical methodologies to develop and maintain financial databases, reports, and statistical models.
  • Industry, Economic & Regulatory Awareness
  • Monitor economic conditions, industry trends, and peer data relevant to the Credit Union's loan portfolios.
  • Stay informed on regulatory guidance and examiner expectations related to credit risk management.
  • Assist with preparation for regulatory exams, audits, and internal reviews.

      Risk Policy & Governance Support

  • Provide analytical support for credit policy, underwriting standards, and risk tolerance evaluation.
  • Monitor performance of loans approved with policy exceptions or elevated risk characteristics.
  • Assist with loan review processes, portfolio reviews, and post implementation evaluations of lending programs.
  • Ensure credit activities, documentation, and reporting comply with internal policies, regulatory requirements, and best practices.

 Please note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the position. The organization   reserves the right to modify, add, or remove duties at any time, with or without notice, to meet business needs.         

WHAT YOU WILL NEED TO SUCCEED

Education

  • Bachelor's Degree in Finance, Accounting, Economics, Business Analytics, or a related field; or equivalent relevant experience is required

Work Experience

  • 3-5 years Experience in credit and financial analysis, risk and management reporting, audit support, and data analytics preferred, but not required if the candidate demonstrates strong analytical aptitude and learning ability 
  • Experience in a credit union or regulated financial institution is preferred

Knowledge, Skills, and Abilities

  • Proficiency in Excel; experience with reporting or business intelligence tools (e.g., Power BI, Tableau).
  • Basic knowledge with consumer, mortgage, or commercial lending products.
  • Demonstrated interest in portfolio analytics, risk modeling, or credit policy development.
  • Occasional after hours or deadline driven work may be required during reporting cycles or examinations.
  • Strong analytical and critical thinking skills.
  • Ability to interpret financial, credit, and performance data.
  • Ability to communicate insights clearly to both technical and non technical audiences.
  • High attention to detail and commitment to data integrity.
  • Demonstrated initiative, curiosity, and willingness to learn and expand responsibilities over time.
  • Regular and reliable attendance is required.
  • Must have and maintain a valid driver's license.
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Ascend Federal Credit Union is an Equal Opportunity Employer. 

Employment Type: OTHER