Portfolio Analytics and Strategy Analyst
you someone who seeks opportunity and has a true desire to grow your career
with an organization that has enriched the lives of its clients and communities
in the Greater Washington region for more than 150 years? If so, Sandy Spring
Bank may be the perfect fit for you!
Spring Bank is a growing financial services company focused on creating real experiences
for our employees, clients, shareholders and communities. We are proud to have
been certified as A Great Place To Work®, recognized by The Washington Post and the Baltimore
Sun as a Top Workplace, by Forbes magazine as the #1 Bank in
Maryland, as well as by American Banker as a Best Bank to
Work For. It is our employees who play an integral role in shaping who we are
as a company and upholding what matters most to us: people and relationships.
help us attract the highest quality individuals, we offer a comprehensive
benefits package to those who qualify. We offer competitive market salaries,
paid time off, multiple retirement savings options, full health care options,
life insurance, health care and dependent care flexible spending accounts,
career development opportunities, tuition assistance and volunteer
opportunities. We are proud to offer those, and so much more, making Sandy
Spring Bank a remarkable place to work and build a career.
About The Job
Spring Bank is currently recruiting for a Portfolio
Analytics and Strategy Analyst. Responsibilities
will include, but not be limited to, assist in the running and maintaining the
Bank’s CECL model and related reports/analytics, loan portfolio analytics and
reports and review and analysis of loan portfolios related to potential mergers
& acquisitions. As part of portfolio risk, responsibilities include quality
assurance for commercial, consumer, and mortgage loans. Maintains in-depth knowledge of loan
classifications, regulatory guidelines, internal loan policy, servicing, and
general banking. Working on this team
provides excellent exposure to Senior Management, bank operations, other
departments within the bank and external regulators/vendors.
Areas of focus:
ALLOWANCE FOR CREDIT LOSSES (CECL)
with the CECL Working Group and Asset Quality team to prepare the Allowance for
Credit Losses (ACL) using the Bank’s CECL model and commercial loan Watch
List. Reviews the loan portfolio on an
ongoing basis to maintain proper classifications and codes that impact the
bank’s reporting and ACL
prepares, gathers and analyzes reports that are distributed to Lines of
Business Managers, Executive Officers and Board Members. Oversees portfolio performance against KPI
targets and analyzes data and trends. Business
Intelligence Center (BIC) and other Support Systems, such as CREInsight and the
bank’s internal data warehouse, are used for the development of these reports.
the portfolio to identify operational, regulatory and/or credit risk. Such analysis involves: risk rating
migration, concentration, LTV, geography, non-performing assets, exceptions,
and stress testing. Work may require
extensive loan review to gather data. Develops new practices and systems to ensure ongoing data integrity.
MERGERS & ACQUISITIONS
in the due diligence of and credit review and valuation of loan portfolios as
part of a potential acquisition. Determine factors used to identify Purchase Credit Deteriorated loans. Generate discounted cash flows and related
fair values of loans applying credit and discount rate assumptions such as
Probability of Default, Loss Given Default and Discount Rate.
with internal and external examiners/auditors in accordance with the bank’s SOX
controls. Creates reports that are
outside the scope of the examiners and loan reviewers to ensure quality in all
lending areas. Thoroughly understands
the bank’s credit policy, guidelines, and controls in order to keep credit
strategy in line with desired risk goals.
closely with the Director of Credit Analytics on larger projects that impact
the Credit and Loan Administration departments. Many projects will require collaboration with other department leads,
including, but not limited to: Finance, Loan Administration, Regulatory
Management, Audit, and the Project Management Office. Examples of such projects may include
development of the bank’s internal data warehouse, enhancing system
capabilities to support ongoing stress testing efforts, and improving the
bank’s covenant monitoring process.
Position requires a bachelor’s degree or higher in accounting, finance, or related field with a minimum of 5 to 7 years of responsible experience in Banking, Finance or Financial Valuation. .
Advanced level of skill using personal computer applications, particularly Microsoft Excel, is necessary to design and develop reports or systems as needed.
Knowledge of and ability to perform Discounted Cash Flow Analysis, CAPM calculation, Net Present Value, IRR analysis.
Familiarity with and ability to use programming languages such as Java, Python and R.
Advanced problem solving skills are needed to find solutions to problems that are technically complex and require collection, interpretation, and analysis of data from diverse sources is required.
Interpersonal skills are needed in order to interact with members of various internal departments, Loan Accounting, management, and/or clients.
SPECIFIC PHYSICAL REQUIREMENTS:
requires reasonable mobility in and around the work area. Ability to use standard computer and phone
systems is required
office environment where there is almost no discomfort due to temperature,
dust, noise, or other disagreeable elements.
includes little or no potential exposure to hazardous conditions.
able to travel to remote company and/or client locations.
The above statements are intended
to describe the general nature and level of work being performed by people assigned
to this classification. They are not
intended to be construed as an exhaustive list of all responsibilities, duties
and skills required of personnel so classified.
Sandy Spring Bank is an Equal
Opportunity Employer and all qualified applicants will receive consideration
for employment without regard to race, color, religion, sex, sexual
orientation, gender identity, national origin, disability status, protected
veteran status, or any other characteristic protected by law. We maintain a
drug-free workplace environment.
Sandy Spring Bank requires
COVID-19 vaccination(s) as a condition of employment for all employees. Submission of Covid-19 Vaccination Card is
required if hired. Accommodations may be
available for those who are unable to be vaccinated for medical or religious
If you require a reasonable
accommodation to apply for a position, please call our job line at
1-800-399-5919 and select option 5. Requests are considered on a case-by-case