Sr. Risk Analyst, Credit Risk Management

Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day. Who we are Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of Card Works Financial Group, Merrick Bank serves roughly five million card members and more than 100,000 merchant customers nationwide.

What we do We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsor ships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses. Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.

The Senior Analyst, Credit Risk Oversight, plays a key role in the Bank's second line of defense by supporting independent oversight, monitoring, and assessment of credit risk across the consumer lending portfolios. This position performs portfolio risk analysis, monitors emerging credit trends, develops executive-level risk reporting, and supports the review and challenge of material credit decisions. The role serves as a primary coordinator of the Bank’s Quarterly Credit Oversight reporting process.

Through data-driven analysis, effective communication, and cross-functional partnership, this position helps identify emerging risks, improve transparency into portfolio performance, and support informed risk management decisions. This position reports to the Director, Credit Risk Oversight.

Monitors consumer lending portfolio performance, credit trends, forecast outcomes, and key risk indicators. Conducts analysis to identify emerging risks, adverse trends, variances from expectations, and potential risk appetite concerns.

Coordinates the development of the quarterly Credit Oversight Report and supporting materials. Produces recurring and ad hoc reporting, synthesizing portfolio performance, forecast results, credit decisions, and emerging risks into clear, actionable insights for management and governance committees.

Supports independent assessment of portfolio risk, CECL forecasts, and material credit decisions. Assists in the preparation of oversight documentation, challenge artifacts, concurrence materials, and governance reporting.

Develops and maintains portfolio monitoring tools, dashboards, and analytical frameworks used to assess portfolio health and identify early warning indicators. Evaluates performance relative to expectations, forecasts, and risk appetite thresholds.

Performs analytical reviews of assumptions, methodologies, and performance drivers supporting credit forecasts and credit decisions. Identifies areas requiring additional analysis, clarification, or challenge and presents findings to Credit Risk Oversight leadership.

Collaborates across first- and second-line functions to gather information, understand portfolio developments, and support effective risk oversight. Develops productive working relationships while maintaining an independent risk perspective.

• Bachelor's degree in Business, Finance, Economics, Statistics, Mathematics, Engineering, or quantitative discipline is required.
• Master's degree (MBA, Economics, Statistics or related field) is preferred.
• Two (2) years of experience in credit risk, consumer lending, portfolio analytics, financial analysis, or related analytical risk disciplines.
• Experience developing performance reporting, portfolio monitoring, or credit risk analysis is preferred.

• Credit Risk Knowledge:
  Understanding of consumer…