... model of customer-focused banking. Our core values have been in place for more than 50 years and ... Underwrites credit actions that maximize credit quality and minimize risk. * Services all types of ...
New
... model of customer-focused banking. Our core values have been in place for more than 50 years and ... Underwrites credit actions that maximize credit quality and minimize risk. * Services all types of ...
New
The work model for the role is: Remote {#LI-Remote} This role is contributing to the Country Trade ... Regulatory Compliance & Risk Management * Identify, assess, and mitigate trade compliance risks ...
The work model for the role is: Remote {#LI-Remote} This role is contributing to the Country Trade ... Regulatory Compliance & Risk Management * Identify, assess, and mitigate trade compliance risks ...
Remote Credit Risk Modeling information
What is remote credit risk modeling?
Remote credit risk modeling involves analyzing and predicting the likelihood that borrowers will default on their loans, all while working from a location outside of a traditional office setting. Professionals in this role use statistical techniques and data analysis tools to assess creditworthiness and help financial institutions minimize risk. They often collaborate with teams virtually, utilizing secure platforms to access data and build predictive models. This remote setup allows for flexibility and efficiency while still upholding high standards of data security and accuracy.
How does a remote credit risk modeling professional typically collaborate with cross-functional teams?
As a remote Credit Risk Modeling professional, collaboration with cross-functional teams—such as data analysts, IT specialists, and business stakeholders—is usually facilitated through virtual meetings, shared project management tools, and version-controlled code repositories. Clear communication and regular updates are essential, as you'll often need to translate complex modeling outcomes into actionable insights for non-technical colleagues. Building strong relationships remotely can be a challenge, but utilizing video calls and collaborative documentation helps ensure alignment on project goals and timelines.
What are the key skills and qualifications needed to thrive as a remote credit risk modeler, and why are they important?
To thrive as a Remote Credit Risk Modeler, you need a strong background in statistics, data analysis, and financial risk assessment, typically supported by a degree in mathematics, finance, or a related field. Familiarity with statistical modeling tools such as SAS, R, Python, and experience with credit risk platforms or regulatory frameworks like Basel II/III are highly valued. Excellent problem-solving skills, attention to detail, and effective communication are crucial for interpreting complex data and collaborating with remote teams. These skills ensure accurate risk assessments, regulatory compliance, and sound decision-making in credit portfolios.
What is the difference between Remote Credit Risk Modeling vs Remote Credit Analyst?
| Aspect | Remote Credit Risk Modeling | Remote Credit Analyst |
|---|---|---|
| Required Credentials | Degree in Finance, Economics, or related field; certifications like CFA or FRM beneficial | Degree in Finance, Economics, or related field; certifications like CFA or FRM beneficial |
| Work Environment | Developing models, analyzing data, using statistical software | Assessing creditworthiness, reviewing financial documents, communicating with clients |
| Industry Usage | Financial institutions, credit bureaus, fintech companies | Banks, lending institutions, credit agencies |
Remote Credit Risk Modeling focuses on creating statistical models to predict credit risk, requiring strong analytical skills and technical expertise. Remote Credit Analysts evaluate individual credit applications and assess risk based on financial data. While both roles operate remotely within the finance industry, they differ in daily tasks and skill emphasis, with modeling being more technical and analysis more client-focused.
Full-time
PTO
Posted 3 days ago
New
Job description
Description
We know what you're thinking. "What kind of name is IncredibleBank?"
Well, we're glad you asked.
With a name like IncredibleBank, we have a lot to live up to. Our name is a promise we make every day to our customers and to our team members (and hey, that could be you!). A promise that we strive to be incredible in everything we do. A promise that will help our customers, fellow team members, and our communities to do the incredible.
At IncredibleBank, we're all about ICE. What's ICE? ICE stands for Incredible Customer ExperienceTM (that's right - an experience so good and so important we trademarked it). ICE illustrates the core values that drive everything we do - how we conduct business, how we treat each other, and how we continuously strive to build on our model of customer-focused banking. Our core values have been in place for more than 50 years and continue to influence every aspect of our operation today.
So - how can you help us live up to our name?
About the Role:
We are eager to discuss the prospect of you joining our team as our next incredible team member!
This position allows you to partner with other team members and key stakeholders to provide Incredible Customer Experiences of your own!
Duties and responsibilities may include:
This is a regular full-time, salaried exempt position, averaging approximately 40 hours/week. Schedule may vary between the hours of 8:00 am to 5:30 pm CDT Monday through Friday.
This position is remote eligible. Individuals may choose to work from a designated home office space or can work on-site at one of our IncredibleBank branch locations.
About You:
You do what is right over what is easy. You don't settle for good enough. You're driven to learn and grow. You recognize your impact on the customer experience, regardless of your role. Those attributes are just a few things our incredible employees have in common.
And, we'd be so excited to learn a little more about you and discuss your interest in joining our team! Our recommended and preferred qualifications are:
About Our Benefits and Compensation:
Our promise of ICE extends to our employees as well. Our employees are our greatest asset, and we strive to show our appreciation by offering top-tier benefits and, dare we say, more than competitive compensation that we're willing to discuss up front.
And we are constantly evaluating and improving our benefits. In fact, eligible employees receive over 30 days off per calendar year! That includes 18 days of PTO to begin, PLUS an Anniversary Holiday, Birthday Holiday, Wellness Holiday, and 12 observed Bank Holidays.
Check out our total rewards package at: https://www.cbmicrosite.com/incrediblebank
About the Company:
IncredibleBank first started in 1967 as River Valley Bank with a single location in Rothschild, WI. And we may have strong roots in community banking, but IncredibleBank wasn't awarded as one of America's Most Innovative Banks by the Independent Community Bankers of America for our popcorn Fridays. Though we do love free popcorn...
We strive to stay on the leading edge of banking technology with the goal providing the best, simplest way for our customers across the country to do their banking. But if our customers need us, they can pick up the phone and talk to a real person. And that's what makes us America's first national online community bank. And who doesn't love the idea of a national community?
Today, IncredibleBank is a $2.0 billion-asset institution that has grown to 17 brick-and-mortar locations with customers in all 50 states. But we know that as an employer, it's less about size than it is about culture. That's why we're especially proud to have been certified as a Great Place to Work.
Learn more about our Great Place to Work engagement results here: https://www.greatplacetowork.com/certified-company/7022621
We know what you're thinking. "What kind of name is IncredibleBank?"
Well, we're glad you asked.
With a name like IncredibleBank, we have a lot to live up to. Our name is a promise we make every day to our customers and to our team members (and hey, that could be you!). A promise that we strive to be incredible in everything we do. A promise that will help our customers, fellow team members, and our communities to do the incredible.
At IncredibleBank, we're all about ICE. What's ICE? ICE stands for Incredible Customer ExperienceTM (that's right - an experience so good and so important we trademarked it). ICE illustrates the core values that drive everything we do - how we conduct business, how we treat each other, and how we continuously strive to build on our model of customer-focused banking. Our core values have been in place for more than 50 years and continue to influence every aspect of our operation today.
So - how can you help us live up to our name?
About the Role:
We are eager to discuss the prospect of you joining our team as our next incredible team member!
This position allows you to partner with other team members and key stakeholders to provide Incredible Customer Experiences of your own!
Duties and responsibilities may include:
- Responsible for managing SBA watch credits within the portfolio, including early warning and classified credits, as well as liquidating problem credits. This position requires advanced knowledge of SBA SOP lending principles, practices, and procedures, along with a solid understanding of business lending compliance rules and regulations.
- Analyzes and reviews watch list business relationships to identify issues and develop strategies to maximize recovery, reduce losses, and ensure effective loan restructuring.
- Collaborates with senior leadership to provide reports and updates on portfolio issues.
- Prepares documentation for SBA repurchase request of loans sold on secondary market.
- Underwrites credit actions that maximize credit quality and minimize risk.
- Services all types of government-guaranteed loans to ensure compliance with Bank/SBA policies.
- Monitors the SBA portfolio for delinquencies and initiates legal action as necessary.
- Completes SBA file reviews and annual reviews on existing SBA watch credit loans.
- Prepares loan presentations and cash flow analysis for servicing requests on SBA watch credit loans.
This is a regular full-time, salaried exempt position, averaging approximately 40 hours/week. Schedule may vary between the hours of 8:00 am to 5:30 pm CDT Monday through Friday.
This position is remote eligible. Individuals may choose to work from a designated home office space or can work on-site at one of our IncredibleBank branch locations.
About You:
You do what is right over what is easy. You don't settle for good enough. You're driven to learn and grow. You recognize your impact on the customer experience, regardless of your role. Those attributes are just a few things our incredible employees have in common.
And, we'd be so excited to learn a little more about you and discuss your interest in joining our team! Our recommended and preferred qualifications are:
- A four-year degree from an accredited University in a related field or a combination of education and experience related to business lending, processing and compliance required.
- 5+ years of related experience with SBA lending preferred.
- 2+ years of SBA workout experience and legal documentation knowledge required.
- Experience with Chapter 7, 11, and 13 bankruptcies required.
- Ability to communicate in a professional manner via multiple forms of media.
- Ability to effectively present information and respond to inquiries in a professional and timely manner.
About Our Benefits and Compensation:
Our promise of ICE extends to our employees as well. Our employees are our greatest asset, and we strive to show our appreciation by offering top-tier benefits and, dare we say, more than competitive compensation that we're willing to discuss up front.
And we are constantly evaluating and improving our benefits. In fact, eligible employees receive over 30 days off per calendar year! That includes 18 days of PTO to begin, PLUS an Anniversary Holiday, Birthday Holiday, Wellness Holiday, and 12 observed Bank Holidays.
Check out our total rewards package at: https://www.cbmicrosite.com/incrediblebank
About the Company:
IncredibleBank first started in 1967 as River Valley Bank with a single location in Rothschild, WI. And we may have strong roots in community banking, but IncredibleBank wasn't awarded as one of America's Most Innovative Banks by the Independent Community Bankers of America for our popcorn Fridays. Though we do love free popcorn...
We strive to stay on the leading edge of banking technology with the goal providing the best, simplest way for our customers across the country to do their banking. But if our customers need us, they can pick up the phone and talk to a real person. And that's what makes us America's first national online community bank. And who doesn't love the idea of a national community?
Today, IncredibleBank is a $2.0 billion-asset institution that has grown to 17 brick-and-mortar locations with customers in all 50 states. But we know that as an employer, it's less about size than it is about culture. That's why we're especially proud to have been certified as a Great Place to Work.
Learn more about our Great Place to Work engagement results here: https://www.greatplacetowork.com/certified-company/7022621
About IncredibleBank
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
201 - 500 Employees
Headquarters location
Wausau, WI, US
Year founded
1967