Senior Credit Risk Analyst

WEX Inc | ME, United States

Posted Date 9/11/2023

Who is WEX?

WEX Inc. is a leading and growing global provider of payment processing, information management and fleet card payment solutions. With the expansion in scale and scope of the lending operations, there is heightened need for advanced analytics and mature risk-based thinking to strategically avoid losses while supporting growth and revenue targets. WEX hires people who share our passion for continuous innovation and client service that is unparalleled in the industry.

Job Summary:

As a global provider of payment processing, management of lending processes and associated credit risk are of fundamental importance to strategic objectives. The Senior Credit Risk Analyst meets this critical function at the center of the lending framework, risk management and analytical experience to identify trends and changes in the portfolio and commercial and risk-based impact analysis to engage LOB representatives to define and achieve strategic business goals. Therefore, a successful candidate is expected to leverage WEX internal data and models, as well as external data, to derive clear, targeted-oriented results that are visualized in a compelling way leveraging WEX dashboarding capabilities.

The candidate is expected to be a key member of the Global Credit Strategy & Governance team’s Commercial Engagement function, and is responsible for gleaning insights into credit portfolios through monitoring and investigation of trends and levels of key risk metrics, and existing models, as well as working with the LOB and commercial risk team to profitably expand revenue growth. The work will span the entire risk organization including the “credit lifecycle” of customer accounts, from marketing and adjudication through portfolio management to collections and credit losses. The candidate must be a collaborative player with the ability to manage multiple and competing priorities and independently move analytical projects to completion, while also effectively communicating complex, abstract concepts to management.

Reporting & Analysis:

  • Partner with the WEX analytical community to ensure data availability to meet use cases and reporting requirements.
  • Collaborate with the commercial engagement team, LOBs and risk functions to identify KPI/KRIs.
  • Leverage SQL and Python to query existing data and run analysis on WEX data and models.
  • Develop dashboard and packaged reporting for delivery to key stakeholders.
  • Monitor KPI/KRI universe and set standards for reporting.
  • Review KPI/KRI reporting for trends.
  • Pair reporting with business activities to provide context and meaning in order to drive actionable outcomes.
  • Recommend changes to KPI/KRIs as business and risk evolves.
  • Prepare reporting for management with strategic recommendations and action plans that have been created in collaboration with LOB and risk stakeholders.

Investigate and Reverse Engineer Risk/Performance Trends:

  • Trace back and explain how data originate in processes and operations to ensure correct interpretation in reporting/analysis.
  • Help identify root causes for adverse trends in risk or credit performance.
  • Propose actionable insights to reduce credit risk while supporting portfolio growth targets.
  • Evaluate and query complex data sets to derive insights that shape financial forecasts.

Qualifications that make a top candidate for WEX:

  • BA/BS degree or equivalent experience.
  • 8+ years of experience as an risk and/or financial analyst.
  • 5+ years of experience within the lending credit management lifecycle (lending/adjudication, credit monitoring, collections, portfolio management etc.).
  • 5+ years analytics experience (business intelligence, data visualization, portfolio analytics etc.) with proven track record of using quantitative analysis to impact key business or product decisions.
  • Experience with Tableau.
  • Strong interpersonal and communication skills (verbal and written).
  • Ability to build collaborative relationships with cross-functional stakeholders.
  • Ability to create presentations and explain analysis results and technical concepts clearly to a wide variety of audiences.
Job Type
Regular | Remote Work (from Maine)
Information Technology

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