Job Description
Overview
To manage and oversee Lending Department reporting, analysis and associated functions to ensure credit policy decisions and risk modeling are performing appropriately. Ensure that reporting appropriately measures the risk and business tradeoffs intended. Analyze drivers of existing and emerging risks to Navy Federal Loan portfolios and correlate risk and member behavioral changes with profit/loss scenarios to determine current/future financial impact and optimal recommendations. Manage staff and Supervisor to drive analyses for maximum Lending and credit union objectives.
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Responsibilities
Interpret and validate analytics, scenario results and financial impacts used to inform senior management decisions regarding asset liability management
Provide leadership and guidance to analytical staff and cross functional teams in the development and implementation of innovative ideas to support business strategy and in formulating actionable, value-adding solutions
Stay abreast of and ensure compliance with applicable federal, state and industry laws, regulations and guidelines
Develop and maintain an understanding of relevant industry standards, best practices, business processes and technology used within related business areas to ensure compliance with policy, vendor contractual requirements, procedures, processes and standards
Assess the reasonableness of modeling approaches and the appropriateness of chosen model variables
Ensure compliance with internal and external documentation and disclosure requirements
Manage and lead the efforts to identify and develop innovative, creative and strategic initiatives for systems/process improvements to sustain and improve division operations
Direct discovery and analysis of existing processes and key controls, and identify future internal control trends or new standards
Manage the maintenance of databases to achieve efficiencies, reduce operational risk and ensure accurate and timely analysis and reporting
Oversee timely reporting to support the development of commentary and guidance for senior management
Respond to organizational/operational changes and adjusts accordingly: assess new products and strategies, reporting developments and enhancements, and ensures effective transition into production
Train/onboard team members and peers on functional processes and procedures
Perform supervisory/managerial duties
Ensure adequate/skilled staffing; select employees
Establish performance goals and priorities
Prepare, conduct and review performance appraisals
Develop, mentor and counsel staff
Provide input and/or prepare budget requirements for Annual Financial Plan (AFP)
Ensure section/branch goals and objectives align with division/department strategy
Ensure efficiency of operations
Performs other related duties as assigned
Qualifications
Significant experience with QRM systems and software
Experience in work which displays increasing levels of responsibility and/or authority
Advanced knowledge of banking/financial industry trends, products and services
Advanced knowledge of any of the following: asset/liability management, financial accounting, cost accounting, budgeting principles and practices, statistics, finance, and/or mathematic modeling
Experience assimilating technical, complex financial and economic data
Experience supervising and leading professional employees
Significant experience with credit union financials and/or NCUA regulations JDS0188
Significant experience with automated risk modeling systems and software JDS0484
Advanced research, analytical and problem-solving skills
Advanced skill using modeling, forecasting, and data mining systems and applications
Advanced skill presenting findings, conclusions, alternatives and information clearly and concisely
Advanced skill in producing desired results and achieving goals and objectives
Effective skill interacting with staff, management, vendors, members diplomatically & tactfully
Effective verbal and written communication skills
Effective skill to influence, negotiate and persuade to reach agreeable exchange and positive outcomes
Advanced organizational, planning and time management skills
Advanced word processing and spreadsheet software skills
Advanced database and presentation software skills
Master's degree in a Finance, Business Administration or related field, or the equivalent combination of training, education and experience
MBA in Finance, Economics, Statistics or related field
Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive Pensacola, FL 32526
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
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Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.
Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Job Tags
Monday to Friday,