Credit Risk Analytics, Sr. Dir.

Company Description:

The Federal Home Loan Bank of San Francisco (the "Bank") is a cooperative, wholesale bank that provides liquidity to its members and helps meet housing and community finance needs by providing credit products and services to member financial institutions through all phases of the economic cycle. The Bank's members include large and regional commercial banks, community banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions headquartered in Arizona, California, and Nevada. The Bank is member focused; embraces accountability to meet commitments and uphold our governance, risk, and control standards as a government sponsored enterprise; and values differences to foster an inclusive culture.

Purpose:
The Senior Director, Credit Risk Analytics, provides system, data, analytical, and operational support for the Credit Risk Management department. This includes, but is not limited to, management of credit data and the development and maintenance of quantitative analytical tools and credit information management platforms to enhance the credit underwriting, risk rating, and surveillance process. In this role, the individual is also expected to collaborate with the credit underwriting system and modelling teams and provide direction for efficient credit process system configuration and execution of credit operations, including credit limit and reporting. Additional responsibilities include development and maintenance of guidelines and procedures to mitigate risk associated with credit data systems and integration with other Bank systems and programs, as well as assisting in the oversight responsibilities of credit risk mitigation.

The Sr. Dir., Credit Risk Analytics, reports directly to the Managing Director, Credit Analytics and Operations Management, and must be an experienced professional with both strong credit fundamentals and analytical skills, who can deliver a high-quality product, individually and/or in collaboration with a team.

The ongoing enhancements of the credit underwriting and risk management systems are part of the Bank's multi-year strategy in transforming its people, data, and technology, while maintaining strong governance culture and adhering to Federal Housing Finance Agency (FHFA) regulations and other regulatory guidelines.

Major Accountabilities:

* Deliver quantitative support for credit risk management and governance, which includes Excel spreadsheet development and implementation, documentation, and performance benchmarking, while establishing relationships with team members and stake holders at appropriate levels. Prepare process documentation and implementation materials while meeting established deadlines.

* Assists management with credit risk oversight, preparation of risk analysis and reports related to product analysis, market research, and industry trends for internal and external reporting requirements.

* Develop analytical tools, templates, and reports for more streamlined and automated risk management processes and workflows. Support ongoing enhancement efforts around credit information management system, credit limits management, and information dashboards.

* Manage the production of reports and analyses focused on identifying, understanding, and eventually mitigating areas of elevated risk in the member advance portfolio and counterparty portfolio.

* Ensure members' credit and collateral terms follow established policies and procedures by conducting portfolio risk analysis of members and counterparties.

Qualifications:

* MA/MS in Statistics, Economics, Finance, Operations Research, or related quantitative field highly preferred, plus 10 years of experience in credit risk management and associated methodologies and their role in the overall risk management framework.

* Thorough knowledge and understanding of the operational aspects of financial institutions, including governing regulations and accounting conventions/requirements.

* Familiarity with financial markets trends.

* Understanding of and ability to differentiate between the reporting requirements, regulatory framework, and operating strategies of various types of financial institutions, specifically savings institutions, commercial banks, industrial banks, credit unions, CDFI's , insurance companies and housing associates.

* Ability to develop financial spreadsheets, graphics, and maintain financial databases using data management systems, (e.g., Access, Oracle, SQL).

* Ability to create, access, and maintain financial databases using data management systems.

* Strong Excel Programming skills required, knowledge of other languages a plus (Python, VBA, SQL)

* Familiarity with market data such as SEC 10-K/Q filings, bank holding company filings, bank (FDIC), credit union (NCUA), and insurance (NAIC) regulatory financial reporting (call reports), and credit data providers (such as SNL Financial/S&P Capital IQ/Market Intelligence and Aeris for Community Financial Development Institutions).

* Excellent written and verbal communication skills.

Critical Competencies:

The successful candidate will be a creative problem solver with an innovative mindset and possess a balance of strong quantitative risk analysis and business skills. Must have:

• Experience with producing and reviewing senior level presentations.
• Strong communication skills, both written and verbal.
• Excellent interpersonal skills to work in a team environment and to influence and interface with a broad range of stakeholders at all levels, both internal and external.
• Proficiency in the Bank's desired competencies:
  • Collaborates: Building partnerships and working collaboratively with others to meet shared objectives.
  • Instills trust: Gaining the confidence and trust of others through honesty, integrity, and authenticity.
  • Communicates effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
  • Values differences: Recognizing the value that different perspectives and cultures bring to an organization.
  • Customer focus: Building strong customer relationships and deliver customer-centric solutions.

SALARY RANGE: $240K - $250K

The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.

Salary ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.

The Bank is committed to offering all team members challenging and engaging work with market competitive pay, retirement, and benefit offerings. In support of this commitment, the Bank routinely engages in market competitive benchmarking surveys and analysis to ensure our team members continue to be paid fairly and competitively.