Sr Risk Analyst – Loss Forecasting /Stress testing

Details: Business SegmentCapital - Retail FinanceAbout UsXRole Summary/PurposeGE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.This position is a business critical role supporting delinquency & loss forecasting and stress testing for the entire Retail Finance organization covering Private Label Credit Cards, Dual Cards, Sales Finance Closed End, and Commercial programs.Essential Responsibilities• Responsible for maintenance and enhancement of existing forecast models for Retail Finance; development of new framework(s) for best in the industry delinquency and loss forecast capabilities for the near, medium, and long term period. • Participate in corporate-wide stress testing projects, coordinating within Retail Finance and with GE Capital to provide stress loss results based on firm-wide scenarios.• Provide critical inputs with respect to loss and delinquency expectations into several processes including ALLL, Late fee forecasts, Net Income Estimates, etc. during all formal business planning sessions as well as any sensitivities that may require evaluation from time to time, such as geographic/ regulatory/ economic events. • Participate in the roll out and integration of updated stress testing models; Execute Retail Finance back-testing and sensitivity analysis on stress testing results.• Maintain documentation / controllership for loss forecasting and stress testing processes; support business efforts for regulatory preparedness. • Lead/participate in several small and large analytical projects to identify underlying portfolio performance drivers such as collections strategy, portfolio mix, change in terms, etc.• Prepare updates on credit cost and delinquency performance and forecasts for scheduled reviews with senior business leadership within Retail Finance and with GE Capital leadership.Qualifications/Requirements• Bachelor’s degree in Science, Business or related analytical field• 5+ years’ experience in loss forecasting, reserve management process (ALLL), stress testing, risk analytics in Credit Card industry• 3+ years’ SAS programming experience and proven ability to work with and execute analysis on large amounts of data with relative independenceDesired Characteristics• Familiarity with regulatory / Basel framework • Experience using industry loss forecast tools, econometric modeling • Advanced SAS/ SQL experience• Experience in project management• Very strong spreadsheet skills• Strong communication and presentation skillsGE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.

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