Senior Risk Analyst

About WebBank

WebBank (the “Bank”) is a Utah-chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies.  The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms.  WebBank engages in a full range of banking activities, including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing, and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary, National Partners.

 

Job Summary

This position will report to the VP, Risk Management & Analytics and will support credit risk, portfolio analytics, and financial modeling initiatives.

As a Sr. Risk Analyst, you will build and maintain complex financial models, support portfolio monitoring and credit risk management, and contribute to investment decisions and business strategy. The ideal candidate will have a strong background in finance, credit risk, and quantitative analysis, with experience in building financial models and analyzing cash-flowing credit assets.

Primary Responsibilities (Job Duties)

You Will:

• Build and maintain complex financial models to analyze new investment opportunities by conducting due diligence on asset pools and modeling expected cash flows and credit losses.
• Evaluate the underlying asset performance (loans, credit card receivables, etc.) and incorporate payments and losses into the financial models to assess the credit protection requirements for the Bank.
• Conduct credit risk analytics across the Bank’s portfolios to ensure portfolio risk levels (delinquency, excess spread, charge-offs, etc.) are aligned with the forecasts and within the pre-determined thresholds.
• Evaluate financial trends, policies, and underwriting processes to inform loan loss reserves (CECL), Risk Adjusted Return (RAROC) and Return on Equity (ROE) analyses.
• Collaborate with cross-functional teams, including Program Management, Business Development, Accounting, Finance, Counterparty Credit Risk, and Credit Structuring teams, to support investment transactions and ongoing portfolio monitoring.
• Support the annual budgeting process by creating financial risk and cash flow projections to drive Bank’s future income estimates.
• Continually enhance reporting and business intelligence dashboards using tools such as Tableau to provide senior management visibility into current trends and help drive strategic decisions.
• Stay current on industry trends, financial regulations, and emerging technologies to continuously improve risk analytics and financial modeling methodologies.
• Contribute to strategic initiatives to automate and streamline credit risk and portfolio analytics processes.

Qualifications

You Have:

• Bachelor's or Master’s degree in Finance, Mathematics, Statistics, or a related quantitative field.
• 3+ years of experience in financial modeling, credit analysis, and risk analysis within Specialty Finance and/or Asset-Based Lending.
• Experience in credit risk analytics and portfolio monitoring across loans, credit cards, and other consumer or commercial credit products.
• Strong analytical and problem-solving skills with a keen attention to detail.
• Proficiency in Microsoft Excel and financial modeling software.
• Excellent communication and presentation skills, with the ability to translate complex financial data into clear, actional insights and recommendations
• Strong teamwork and collaboration skills, with the ability to work effectively with cross-functional teams in a fast-paced environment.
• Data-driven mindset, proactive with the ability to work under pressure.
• Strong understanding of portfolio dynamics, including roll rate analysis, loss rate forecasting, and interpretation of credit performance metrics.

Technical Skills:

• Proficiency in Microsoft Excel and financial modeling.
• Working knowledge of SQL for navigating and analyzing large datasets.
• Familiarity with