SantaClaraRecruiter Since 2001
the smart solution for Santa Clara jobs

Credit Risk Analyst II

Company: Silicon Valley Bank
Location: Santa Clara
Posted on: January 16, 2022

Job Description:

BE PART OF A BANK LIKE NO OTHER.When you work with the world's most innovative companies, you know you're making a difference.Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.Job DescriptionThe Quantitative Risk Analyst will aid SVB quarterly (CECL) reserve process execution. This process involves working closely with Risk, Finance, IT and Regulatory divisions. In addition, the person will apply quantitative and data science skills to enhance CECL models and support other corporate and business unit initiatives. Quarterly CECL reserve process execution, CECL committee package preparation: - Execute the CECL model on CECL Platform - Run ad hoc analyses for qualitative adjustment - Prepare material for CECL committee presentation - Prepare modeling related SOX control material CECL model enhancement - Perform statistical and data analyses to monitor and improve CECL models (PD, LGD and EAD) performances - Perform User Acceptance Test (UAT) for new CECL platform implementation - Assist model methodology documentation update - Maintain model development source code - Collaborate with other analytics teams to build quantitative tools to improve business decision making, risk management and new product development Requirements-Experience with IFRS9/CECL related models such as PD, LGD and EAD- Key Accounting concept- Quantitative modeling technique- Data base and programming knowledge- Proficiency with statistical and data analysis and programming tools such as R, SAS, Stata, SQL and Matlab.- Thorough understanding of econometric and financial modeling techniques- Excellent communication, attention to detail- Master's or PhD degree in a quantitative field such as statistics, mathematics, finance and economics. 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: ).Equal Employment OpportunitySilicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.CategoryCredit AnalystsEducationMaster's DegreeJob typeFull time

Keywords: Silicon Valley Bank, Santa Clara , Credit Risk Analyst II, Professions , Santa Clara, California

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest California jobs by following @recnetCA on Twitter!

Santa Clara RSS job feeds