Teachers Federal Credit Union
Manager Credit Risk Modeling
Teachers Federal Credit Union, West Islip, New York, United States
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For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.
Summary
This role will oversee the development, implementation, and maintenance of credit risk models for the credit union. This role will involve leading a team of quantitative analysts, ensuring compliance with regulatory requirements and supporting strategic decision-making processes. This team is responsible for specialized credit risk analysis, the related monthly CECL production process for calculating and reporting the allowance for credit losses as well as developing credit stress testing models. The role involves understanding loss forecasting models and communicating to stakeholders the drivers of credit risk and credit losses. The Manager provides advanced analytical expertise to manage the development, validation, monitoring, reporting and documentation of the process. The role will be part of the Treasury team and will collaborate with other functions as needed. Brief Description
Join Our Team
For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.
Summary
This role will oversee the development, implementation, and maintenance of credit risk models for the credit union. This role will involve leading a team of quantitative analysts, ensuring compliance with regulatory requirements and supporting strategic decision-making processes. This team is responsible for specialized credit risk analysis, the related monthly CECL production process for calculating and reporting the allowance for credit losses as well as developing credit stress testing models. The role involves understanding loss forecasting models and communicating to stakeholders the drivers of credit risk and credit losses. The Manager provides advanced analytical expertise to manage the development, validation, monitoring, reporting and documentation of the process. The role will be part of the Treasury team and will collaborate with other functions as needed.
Education And/or Experience
Bachelor’s degree in finance, economics, or related field required Minimum 5 years’ experience in financial analysis Experience in financial services industry along with working with financial systems preferred Data management experience, including ability to perform statistical analysis and mine large data sets preferred Knowledge of lending products preferred
Competencies/Skills
Statistical analysis and quantitative techniques Able to document procedures and process flows Good analytical and problem-solving skills. Effective communication and writing skills. Highly attentive to details, while being able to work under pressure and deliver timely and accurate results. Cash Management | Financial Planning & Analysis (FP&A) | Treasury Management | Trend Analysis | Credit and Collections Software | Financial Analysis Software | CECL| ALM
Job Responsibilities
Lead the production process of the monthly Current Expected Credit Loss (CECL) estimation using 3rd party vendor application including data validation. Monitor and report on credit risk exposures and trends. Provide recommendations to mitigate potential credit risks. Work with senior staff to prepare monthly CECL results and detailed monthly report alongside additional executive reports for presentation in ALCO. Responsible for business analysis for model improvements and updates in the application and work with senior staff for review and rollout. Perform model back testing, sensitivity analysis and scenario analysis along with providing support to address model validation findings. Provide analytical support for model validation, business reviews, audit reviews and ad-hoc requests. Able to analyze large data sets leveraging credit risk analytics platform to review loan pools. Drive automation and continuous improvement of existing processes. Maintain relevant policies, procedures & guidelines. Support development of a robust and consistent control framework that is established to meet the expectations of auditors/regulators. Support the Treasury team in other functions as required.
Benefits Of Joining The Teachers Team
We provide a competitive compensation and benefits package that includes, but is not limited to:
Paid time off for vacation, personal days, and holidays Fully-funded pension plan 401(k) company contribution Teachers pays 100% of Dental & Vision premium Tuition reimbursement is offered to full-time employees Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
The good faith range for this position is $104,000 - $135,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.
All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.
To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers
Click here to view: California Privacy Notice
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Teachers Federal Credit Union by 2x Get notified about new Credit Risk Manager jobs in
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For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.
Summary
This role will oversee the development, implementation, and maintenance of credit risk models for the credit union. This role will involve leading a team of quantitative analysts, ensuring compliance with regulatory requirements and supporting strategic decision-making processes. This team is responsible for specialized credit risk analysis, the related monthly CECL production process for calculating and reporting the allowance for credit losses as well as developing credit stress testing models. The role involves understanding loss forecasting models and communicating to stakeholders the drivers of credit risk and credit losses. The Manager provides advanced analytical expertise to manage the development, validation, monitoring, reporting and documentation of the process. The role will be part of the Treasury team and will collaborate with other functions as needed. Brief Description
Join Our Team
For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.
Summary
This role will oversee the development, implementation, and maintenance of credit risk models for the credit union. This role will involve leading a team of quantitative analysts, ensuring compliance with regulatory requirements and supporting strategic decision-making processes. This team is responsible for specialized credit risk analysis, the related monthly CECL production process for calculating and reporting the allowance for credit losses as well as developing credit stress testing models. The role involves understanding loss forecasting models and communicating to stakeholders the drivers of credit risk and credit losses. The Manager provides advanced analytical expertise to manage the development, validation, monitoring, reporting and documentation of the process. The role will be part of the Treasury team and will collaborate with other functions as needed.
Education And/or Experience
Bachelor’s degree in finance, economics, or related field required Minimum 5 years’ experience in financial analysis Experience in financial services industry along with working with financial systems preferred Data management experience, including ability to perform statistical analysis and mine large data sets preferred Knowledge of lending products preferred
Competencies/Skills
Statistical analysis and quantitative techniques Able to document procedures and process flows Good analytical and problem-solving skills. Effective communication and writing skills. Highly attentive to details, while being able to work under pressure and deliver timely and accurate results. Cash Management | Financial Planning & Analysis (FP&A) | Treasury Management | Trend Analysis | Credit and Collections Software | Financial Analysis Software | CECL| ALM
Job Responsibilities
Lead the production process of the monthly Current Expected Credit Loss (CECL) estimation using 3rd party vendor application including data validation. Monitor and report on credit risk exposures and trends. Provide recommendations to mitigate potential credit risks. Work with senior staff to prepare monthly CECL results and detailed monthly report alongside additional executive reports for presentation in ALCO. Responsible for business analysis for model improvements and updates in the application and work with senior staff for review and rollout. Perform model back testing, sensitivity analysis and scenario analysis along with providing support to address model validation findings. Provide analytical support for model validation, business reviews, audit reviews and ad-hoc requests. Able to analyze large data sets leveraging credit risk analytics platform to review loan pools. Drive automation and continuous improvement of existing processes. Maintain relevant policies, procedures & guidelines. Support development of a robust and consistent control framework that is established to meet the expectations of auditors/regulators. Support the Treasury team in other functions as required.
Benefits Of Joining The Teachers Team
We provide a competitive compensation and benefits package that includes, but is not limited to:
Paid time off for vacation, personal days, and holidays Fully-funded pension plan 401(k) company contribution Teachers pays 100% of Dental & Vision premium Tuition reimbursement is offered to full-time employees Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
The good faith range for this position is $104,000 - $135,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.
All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.
To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers
Click here to view: California Privacy Notice
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Banking Referrals increase your chances of interviewing at Teachers Federal Credit Union by 2x Get notified about new Credit Risk Manager jobs in
Hauppauge, NY . Jericho, NY $300,000.00-$400,000.00 2 weeks ago Credit Products Manager - Public Funding
Hicksville, NY $140,622.00-$232,026.00 5 days ago Hauppauge, NY $91,250.00-$114,000.00 2 weeks ago Norwalk, CT $105,000.00-$115,000.00 1 week ago Business Relationship Manager I- Officer
Business Relationship Manager II- Assistant Vice President
Information Security Governance Risk & Compliance Manager
HDG # 1064 - Business Tax Services - Federal Tax Advisory - Research & Credits Manager
HDG # 1064 - Business Tax Services - Federal Tax Advisory - Research & Credits Manager
Stamford, CT $103,600.00-$189,900.00 1 week ago Stamford, CT $139,800.00-$181,000.00 5 days ago Credit Risk Quantitative Expert - Commercial Credit Scorecard Development (Hybrid - see potential locations in job description)
Bridgeport, CT $141,158.45-$235,264.09 1 month ago Credit Risk Quantitative Expert - Commercial Credit Scorecard Development (Hybrid - see potential locations in job description)
Bridgeport, CT $141,158.45-$235,264.09 1 month ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr