Credit Risk Analyst

Job Description: Credit Risk AnalystCompany: Oak Brook BancorpPosition Type: Full-TimeAbout Us:Oak Brook Bancorp is a leading financial institution dedicated to providing exceptional service and innovative financial solutions. We are seeking a detail-oriented and analytical Credit Risk Analyst to join our dynamic team. This role is critical in managing and mitigating credit risks, ensuring the financial health of the organization.Key Responsibilities:Credit Assessment: Evaluate creditworthiness by analyzing financial statements, credit reports, and other relevant data for individuals and businesses.Risk Modeling: Develop and implement quantitative risk models to predict credit risk exposure and assess potential losses.Portfolio Monitoring: Monitor credit portfolios to identify emerging risks, ensure adherence to credit limits, and recommend adjustments as needed.Compliance: Ensure credit risk evaluations comply with regulatory requirements and internal credit policies.Reporting: Prepare comprehensive reports on credit risk findings, including risk ratings, trends, and recommendations, for senior management and stakeholders.Collaboration: Work closely with the lending team, finance department, and other key stakeholders to align risk management strategies with business goals.Qualifications:Bachelor's degree in Finance, Economics, Business Administration, or a related field.Minimum of 2-5 years of experience in credit risk analysis or a similar role within the financial services industry.Strong proficiency in financial analysis, credit evaluation, and risk assessment techniques.Experience with statistical modeling tools, data analytics software, and credit scoring systems.Knowledge of regulatory frameworks such as Basel II/III and experience ensuring compliance with them.Exceptional analytical and problem-solving skills with attention to detail.Strong verbal and written communication skills for preparing reports and presenting findings.Preferred Skills:Advanced certifications such as CFA, FRM, or PRM are a plus.Familiarity with financial databases and enterprise resource planning software.Experience in commercial and retail lending environments.