Principal Enterprise Risk, Risk Modeling

Principal Enterprise Risk, Risk Modeling

The Principal Enterprise Risk, Risk Modeling role is responsible for owning and advancing one or more Enterprise Risk Management (ERM) programs to assist CoBank in managing credit / market / operational risks. Such programs include, but are not limited to : Current Expected Credit Loss (CECL), Comprehensive Stress Testing, Risk Adjusted Return on Capital (RAROC), Calypso Treasury Management Software, and Model Risk Management. The analysis performed will play a key role in supporting bank-wide initiatives through risk identification and quantification.

Essential Functions

Leads and drives risk metrics for the bank. Creates, maintains, and enhances reports to key stakeholders.

Owns and advances one or more ERM processes or programs. Creates project business plans to drive bank initiatives.

Utilizes data and information to aid in risk-based decision-making.

Sources and cleans data. Determines business rules for preparing data to be consumed in both formal and informal processes.

Queries, aggregates, and manipulates large datasets for various analyses. Transforms information into key business insights.

Designs department / system processes for Risk Management that are efficient and comply with regulatory standards. Identifies areas where improvement is needed and leads change implementation.

Adheres to best practices in modeling and model risk management (e.g., parameterize and calibrate forecasting models, perform ongoing monitoring of model assumptions, develop and update documentation).

Provides technical and business subject matter expertise, as well as ad-hoc analysis with the potential of becoming a standard for the bank.

Monitors data integrity and model risk controls execution. Identifies risks, proactively solves problems and addresses issues.

Creates packages and presentations for executive-level risk committees and working groups.

Initiates and leads discussions and meetings. Presents results and recommendations to executive-level management and other key stakeholders.

Coaches junior-level analysts with management responsibilities.

Education

Master's Degree required

FRM, PRM, and / or CFA certification preferred

Work Experience

8 years of finance and risk management experience required

8 years of experience in using statistical packages and / or analytical softwares such as SAS, Matlab, R, Python, VBA, C++, SAS and / or SQL. required

Proven knowledge of the finance and lending industry including structures / types and financial markets knowledge. Knowledge of overall risk management and finance concepts.

Strong knowledge and / or experience with credit risk modeling, loss forecasting, regression models and economic capital.

Work experience within the Farm Credit System, and / or knowledge of the agriculture or infrastructure industries preferred.

Experience with third party vendor tools such as QRM, Moody's Risk Frontier, or Polypaths.

Experience with statistical and / or data software packages such as SAS, R, or SQL, Excel VBA.

Proven technical skills and experience using database querying, statistical packages, and / or analytical software.

Excellent organizational and time management skills, with the ability to deliver commitments while juggling multiple projects and priorities.

Excellent communication (both verbal and written) and interpersonal skills, good listening and interpersonal skills. with the ability to lead teams and build and maintain effective working relationships with all levels of associates, management and internal customers across the bank.

About CoBank

The typical base pay range for this role is between $131,100 - $161,300. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance. The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.