Consumer Risk Analyst I
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POST DATE 9/13/2016
END DATE 11/13/2016
Kansas City, MO
JOB DESCRIPTION20114 Consumer Risk Analyst I (Open)
Grade 08 ----------------------------------------------------------------------
Location: 811 Main St, Kansas City, Missouri 64105 ----------------------------------------------------------------------
How would you like to work for a great company that offers career growth and values your skills and experience? For over 150 years, Commerce Bank has built a strong reputation as a Super Community bank and is recognized as an industry leader. In today's growing and competitive financial services industry, we look for creative and innovative solutions to meet the needs of our customers. To achieve our results, we recruit the best and brightest employees who ask, listen and solve to meet our customers' needs!
The Consumer Risk Analyst position is located in Kansas City, MO and is responsible
for working with various Retail business units to ensure that risk is evaluated, managed
and monitored for all activities: Risk categories include credit and collateral, compliance
and legal, transaction and operational, strategic, reputation, and management
information reporting risk. Supported lines of business include: Consumer Credit Card,
Debit and Prepaid Products, Commercial Credit Card, Merchant Processing, Indirect
Consumer Lending, Direct Consumer Lending and Home Equity, and Mortgage.
Additionally, risk support is provided for functional areas including: Underwriting,
Booking and Servicing, Fraud Detection and Security; Collections and Loss Recovery.
Incumbent will learn and need to understand industry issues and management
goals/objectives in all these areas.
The ideal candidate will ask questions to understand customer needs and business
goals; use that understanding to define and evaluate multiple solutions which address
all steps in the process; manage to deadlines of multiple projects at once, streamlining
similar tasks across projects for maximum efficiency, and be able to summarize results
in a clear and concise manner. The candidate will display a sense of urgency in meeting
deadlines and validate findings prior to presentation. By anticipating
opportunities/issues and taking action to mitigate obstacles and/or be prepared should
the situation arise, the candidate will exhibit commitment and a sense of ownership.
The responsibilities of our Consumer Risk Analyst will include (but are not limited to):
Reporting & Analysis
*Prepares and distributes recurring and ad-hoc analysis and reporting on
portfolios and segments thereof, including performance and projections
*Prepares and distributes recurring and ad-hoc analysis measuring effectiveness
of risk assessment tools, business rule sets and strategies
*Performs audit-type activities to assure retail business units are conforming to
credit, regulatory, and operational policies and procedures
*Identifies and evaluates portfolio trends with respect to delinquency, bankruptcy,
demographic and other factors
Design & Development
*Designs and develops business rules sets and strategies for account acquisition
or account management for the appropriate implementation of credit and other
*Works with vendors, internal resources, or independently to develop, implement,
monitor, test and validate new or existing risk assessments tools, including
systems, models and algorithms to assist with acquisition, retention and
management of accounts
*Participates in development and maintenance of core application processing
systems to assure business rules and strategies are applied in appropriate
context and order
*Manages all tasks on assigned projects in a timely, accurate manner.
*Works with team to gather requirements and develop business cases as
*Manages multiple projects at the same time
*Manages provision of information and records for oversight bodies, including
auditors and bank examiners
*Develops and monitors project timelines and allocation/expenditure of resources
The following skills and basic qualifications will be important to succeed in this
*Ability to apply economic trends to current and projected portfolio
*Strong presentation skills
*Excellent written and verbal communication skills and ability to positively
*Proficiency in Microsoft Office applications, including Excel, Access and
*Strong organizational and interpersonal skills
*Analytical/critical thinking and problem solving skills
*Experience in the banking industry, specifically in retail lending and/or
credit card is beneficial.
*Working knowledge of report generation tools like Business Objects or
SQL is beneficial
Minimum 4-year college degree with an emphasis in business related disciplines