Senior Credit Risk Management Analyst

at  The Provident Bank of New Jersey

How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees’ experience.

POSITION SUMMARY

This position reports to the Credit Risk Analytics Manager (“CRAM”). The candidate will be primarily responsible for i) preparing the Bank’s Allowance for Credit Losses (“ACL”) under for Current Expected Credit Loss (“CECL”) standard and the Bank’s Commercial Real Estate Stress Test, ii) developing ad-hoc credit analytics and reports, and iii) supporting the initiatives and projects sponsored by the Credit Risk Department.

SKILLS AND TRAINING

• Ability to influence positive outcomes across a wide variety of business areas.
• Solutions-driven, confident, ethical, and highly motivated.
• Must be flexible and able to operate in a fast-paced environment.
• Strong analytical, quantitative, critical thinking, problem solving, communication and time management skills are required.
• Ability to work independently and build strong and productive working relationship is required.
• Strong analytical writing skills are required.
• Experience with Abrigo, Trepp and Moody’s platforms and solutions preferred.
• Knowledge of SR11-7, OCC, FRB and other relevant banking regulations and regulators is preferred.
• Knowledge of computer languages such as Python preferred.
• Advanced Excel skills including Macro / VBA programming.

EDUCATION

• Advanced degree preferably in finance and/or statistics.

WORK EXPERIENCE

• 3+ years of experience in CRE and/or C&I underwriting required.
• 2+ years of experience with credit risk models and allowance reserve models preferred.
• Banking experience in credit risk and portfolio risk management

THIS JOB DESCRIPTION MAY NOT BE ALL-INCLUSIVE. EMPLOYEES ARE EXPECTED TO PERFORM OTHER DUTIES AS ASSIGNED AND DIRECTED BY MANAGEMENT. JOB DESCRIPTIONS AND DUTIES MAY BE MODIFIED WHEN DEEMED APPROPRIATE BY MANAGEMENT.

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law