FNBO
Director, Credit Risk Forecasting and Monitoring (onsite Omaha, NE)
FNBO, Omaha, Nebraska, us, 68197
Director, Credit Risk Forecasting and Monitoring (onsite Omaha, NE)
The Director of Credit Risk Forecasting and Monitoring is responsible for the development, testing, implementation, monitoring, documentation, and maintenance of credit risk models in FNBO's Consumer portfolio. The models are used for CECL, stress testing, budgeting loss forecasting, and reserve purposes. Areas of focus include converting loss forecasting to CECL standards and developing analytics that connect loss forecasting to qualitative factors to inform business decisions. The role requires deep knowledge of advanced methods used in credit forecasting and the ability to apply technical concepts to FNBO’s historical data. A broad understanding of how models are used across credit-related activities in a bank is essential. The Director will build and maintain relationships with partners across Credit Risk, Treasury, Finance, Technology, Audit, and Lines of Business, and communicate clearly with executives, senior management, peers, analysts, regulators, and auditors.
Responsibilities
Utilize advanced statistical and programming skills to develop and run loss forecasting models for FNBO's consumer installment loans and card portfolios across both consumer and commercial segments. Apply modeling techniques including Random Forest, Gradient Boosting Machines, Logistic Regression, non-linear algorithms, and data segmentation to maximize predictive power and model performance.
Develop analyses that connect loss forecasting results to risk appetite development and monitoring, to management decisions, and to macroeconomic trends; communicate insights to broad business audiences.
Ensure models meet regulatory standards including SR 11-7, while maintaining documentation and governance practices that satisfy internal audit and external regulatory requirements.
Knowledge & Skills
Demonstrated leadership abilities with experience managing projects and/or teams in a technical environment.
Ability to manage multiple complex projects simultaneously while meeting critical deadlines.
Knowledge of consumer installment loans and consumer and/or small business credit card loans.
Extensive knowledge of statistical and data science methods applied in the finance industry along with advanced programming skills.
Ability to work with data to identify complex business trends and propose solutions.
Ability to build consensus and influence the organization to achieve business goals.
Experience with loss forecasting and stress testing at a financial institution, preferably CCAR.
The Ideal Candidate
Education and Experience: Master’s degree or PhD in data science, mathematics, statistics, finance, economics, or related field required.
7+ years of experience in highly analytical business functions, including at least 4 years in Credit Risk Forecasting or related fields.
3+ years of Python programming, with a focus on data analysis and financial modeling.
Strong knowledge of SQL and experience working with cloud-based data warehousing solutions (e.g., Snowflake) and version control systems (e.g., Git).
Expert knowledge of Excel.
Demonstrated excellent oral and written communication skills.
Demonstrated ability to handle stress, meet deadlines and work independently.
Experience in banking or financial services is preferred.
Compensation Compensation range (base pay): $95,857.00-$162,957.00. Final compensation offers may vary based on work experience, education, and/or skill level.
Benefits
Medical, Dental, Vision Insurance
401k with Matching Contributions
Time Off Programs
Health Savings Account (HSA)/Dependent Care
Employee Banking
Growth Opportunities
Tuition Assistance
Short-Term/Long-Term Disability Insurance
Learn more about FNBO benefits at the official FNBO careers site. For compensation and benefits information, please contact FNBO at TAGAdmin@fnni.com and include the job number in the subject line.
Equal Opportunity & Belonging FNBO is an equal opportunity employer. We are committed to fostering a workplace where employees of all backgrounds feel valued and empowered to be their authentic selves. Learn more about our policies and rights here.
Application Details Application deadline: All jobs will be posted for a minimum of 5 calendar days. This posting may be extended or closed earlier based on volume of applicants.
Job number: R-20250902.
Job Details
Seniority level: Director
Employment type: Full-time
Job function: Finance
Industries: Banking
Location: Omaha, NE (onsite)
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Responsibilities
Utilize advanced statistical and programming skills to develop and run loss forecasting models for FNBO's consumer installment loans and card portfolios across both consumer and commercial segments. Apply modeling techniques including Random Forest, Gradient Boosting Machines, Logistic Regression, non-linear algorithms, and data segmentation to maximize predictive power and model performance.
Develop analyses that connect loss forecasting results to risk appetite development and monitoring, to management decisions, and to macroeconomic trends; communicate insights to broad business audiences.
Ensure models meet regulatory standards including SR 11-7, while maintaining documentation and governance practices that satisfy internal audit and external regulatory requirements.
Knowledge & Skills
Demonstrated leadership abilities with experience managing projects and/or teams in a technical environment.
Ability to manage multiple complex projects simultaneously while meeting critical deadlines.
Knowledge of consumer installment loans and consumer and/or small business credit card loans.
Extensive knowledge of statistical and data science methods applied in the finance industry along with advanced programming skills.
Ability to work with data to identify complex business trends and propose solutions.
Ability to build consensus and influence the organization to achieve business goals.
Experience with loss forecasting and stress testing at a financial institution, preferably CCAR.
The Ideal Candidate
Education and Experience: Master’s degree or PhD in data science, mathematics, statistics, finance, economics, or related field required.
7+ years of experience in highly analytical business functions, including at least 4 years in Credit Risk Forecasting or related fields.
3+ years of Python programming, with a focus on data analysis and financial modeling.
Strong knowledge of SQL and experience working with cloud-based data warehousing solutions (e.g., Snowflake) and version control systems (e.g., Git).
Expert knowledge of Excel.
Demonstrated excellent oral and written communication skills.
Demonstrated ability to handle stress, meet deadlines and work independently.
Experience in banking or financial services is preferred.
Compensation Compensation range (base pay): $95,857.00-$162,957.00. Final compensation offers may vary based on work experience, education, and/or skill level.
Benefits
Medical, Dental, Vision Insurance
401k with Matching Contributions
Time Off Programs
Health Savings Account (HSA)/Dependent Care
Employee Banking
Growth Opportunities
Tuition Assistance
Short-Term/Long-Term Disability Insurance
Learn more about FNBO benefits at the official FNBO careers site. For compensation and benefits information, please contact FNBO at TAGAdmin@fnni.com and include the job number in the subject line.
Equal Opportunity & Belonging FNBO is an equal opportunity employer. We are committed to fostering a workplace where employees of all backgrounds feel valued and empowered to be their authentic selves. Learn more about our policies and rights here.
Application Details Application deadline: All jobs will be posted for a minimum of 5 calendar days. This posting may be extended or closed earlier based on volume of applicants.
Job number: R-20250902.
Job Details
Seniority level: Director
Employment type: Full-time
Job function: Finance
Industries: Banking
Location: Omaha, NE (onsite)
#J-18808-Ljbffr