Credit Risk Analyst Manager

Credit Risk Analyst Manager

Kitsap Credit Union is a not-for-profit, member-owned financial cooperative with more than 300 employees and 14 branches throughout Western Washington. We have a passion for making a positive difference. As a $2 + billion-asset credit union, we are deeply committed to our members' financial wellbeing and the prosperity and quality of life in the communities we serve. We are proud to be led by individuals with the experience and skills to drive our organization towards our goals for strategic growth and operational excellence.

Our KCU Cares Foundation program focuses on providing resources and support for those struggling with homelessness or hunger and improving the financial well-being of the people in our communities. And beyond monetary efforts, we have provided thousands of hours in staff volunteerism and in-kind support.

At Kitsap Credit Union, our success is built on trust-based relationships and personalized service. We understand our employees are key to our success. They provide the personalized service to our members and contribute to the communities where we live. We are committed to providing a supportive, mission-driven, and inclusive culture where employees can grow their careers.

The Credit Risk Analyst Manager is responsible for developing, maintaining, and continuously enhancing the Credit Union's portfolio risk analytics, delinquency reporting, CECL data inputs, and performance monitoring framework. This position serves as the organization's subject matter expert for consumer, real estate, business, and commercial credit performance analytics. The role owns the production, accuracy, and ongoing enhancement of portfolio performance reporting, providing timely and actionable insights that support executive decision-making, loss mitigation strategies, underwriting improvements, and balance sheet optimization.

Success in this role requires a high degree of analytical capability, attention to detail, accountability, and independent execution.

Reports to:

VP, Credit Administration

Employment Type:

Exempt, Salaried, Full Time, Hybrid

Salary Range: $91,536.68 - $ depending on experience

Bonus Target: 8% potential incentive of base pay

Grade: 12BC

Industry: Banking

Principal Accountabilities

Credit Risk Analytics

• Own the Credit Union's monthly portfolio performance reporting process.
• Monitor and report delinquency trends across all lending portfolios.
• Produce monthly delinquency dashboards and executive reporting.
• Analyze roll rates, cure rates, charge-offs, recoveries, payment behavior, and portfolio migration.
• Identify emerging credit trends, concentrations, and performance deterioration.
• Develop recommendations to improve portfolio quality and reduce losses.

Portfolio Stratification & Performance Analysis

• Complete monthly stratification analysis across all loan portfolios, including:
• Product type
• Credit score (FICO)
• Loan-to-value (LTV)
• Debt-to-income (DTI)
• Loan vintage
• Dealer
• Geographic region
• Occupancy
• Employment segment
• Risk grade
• Identify the primary drivers of delinquency, loss, and profitability.
• Recommend underwriting, pricing, and portfolio management changes based on analytical findings.

Delinquency & Vintage Curve Management

• Maintain and update monthly delinquency curves.
• Maintain vintage performance analysis for all portfolio segments.
• Monitor migration by delinquency bucket.
• Produce trend analysis comparing current portfolio performance against historical expectations.
• Develop forecasting models to identify emerging credit deterioration.

Peer Benchmarking

• Produce monthly peer comparison reports utilizing available NCUA, Call Report, and industry benchmarking data.
• Compare key portfolio performance metrics including:
• Delinquency
• Net charge-offs
• Recoveries
• Yield
• Growth
• Concentration
• Identify opportunities where the Credit Union materially outperforms or under performs peers.

CECL Analytics

• Prepare and maintain monthly CECL analytical inputs.
• Update reserve assumptions for new and existing portfolio vintages.
• Validate data integrity supporting CECL calculations.
• Perform sensitivity analyses and portfolio loss forecasting.
• Partner with Finance to support reserve adequacy and allowance methodology.

Loss Mitigation Analytics

• Develop reporting supporting collections and recovery strategies.
• Identify opportunities to reduce:
• Early-stage delinquency
• Voluntary surrenders
• Charge-offs
• Bankruptcy losses
• Repossession losses
• Evaluate effectiveness of collection strategies and recommend improvements.
• Develop predictive analytics supporting early intervention efforts.

Executive Reporting

• Prepare recurring executive dashboards.
• Develop Board-level portfolio performance reporting.
• Produce quarterly portfolio risk reviews.
• Support ALCO, Loan Committee, and Executive Leadership reporting.

Continuous Improvement

• Improve reporting automation.
• Develop AI-enabled analytical capabilities where appropriate.
• Eliminate manual reporting through workflow optimization.
• Continuously enhance data quality, reporting accuracy, and analytical capabilities.
• Perform…