Senior Business Analyst: Commercial Loss Forecasting
Category Business Analyst
Experience Sr. Associate
Primary Address New York, New York
OverviewNYC 299 Park Avenue (22957), United States of America, New York, New YorkSenior Business Analyst: Commercial Loss Forecasting
Situated within Commercial Credit Risk and Analytics, the Commercial Loss Forecasting team is responsible for projecting loan losses (net charge-offs) on Capital One’s ~$120 billion portfolio of Commercial loans. The team synthesizes quantitative and qualitative information on portfolio credit quality through the use of statistical models and the analysis of portfolio, market, and economic trends. The ultimate product is a forecast that distills this broad set of information into holistic measures of the most important credit risks for the Commercial Bank. The team's key deliverables include setting the quarterly Allowance for Credit Loss, running annual regulatory stress testing exercises (CCAR), and setting the internal budget for net charge-offs.
The Senior Business Analyst will be responsible for the execution, analysis and presentation of the Commercial credit loss forecast. The analyst will assume ownership of forecast sub-processes, contribute to team discussions on credit risks, and design/implement forecast improvements. Further, the analyst will be expected to build relationships across the Commercial Bank, Risk, and Finance organizations in order to build buy-in for key loss forecasting decisions.
General Business Analyst responsibilities at Capital One include but not limited to:
Analysis: Identify business challenges and opportunities for improvement and solve for them using analysis to make strategic or tactical recommendations
Product: Perform modeling/analytics to assist new product and pricing strategies for various lending products
Marketing: Support direct-to-consumer marketing efforts for select products, and strategic intent for products distributed through the retail channel. Help build targeted insights to inform the design and development of new customer experiences, as well as breakthrough technology and concepts designed to deliver on new go to market strategies
Credit Risk: Support step-change improvements in credit performance by connecting drivers of future consumer credit trends to historical behavior, creating risk models, and testing hypotheses using rigorous monitoring and analysis
Execution: Involve problem frame-works, develop hypotheses, test and analysis, solution development, scope operational feasibility, lead implementation efforts and develop a monitoring plan
Partnership: Work closely with colleagues across Capital One including: IT, Sales, Operations, Finance and others to drive improvement in quality, volume, service, and profitability
Strategic & analytic orientation: A proven track record of decision making and problem solving based on analytics. Conceptual thinking skills must be complemented by a strong quantitative orientation, given that a large part of the business is based on rigorous analytic marketing & credit risk management
Strong business judgment, leadership and integrity: He/she should be a tenacious decision maker, able to bring a healthy, aggressive, yet responsible approach to business
Strong communication skills: Impeccable written and oral communication credentials, coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal and negotiation skills
Clear results orientation: display an intense focus on achieving both short and long term goals. He/she should be able to drive and execute an agenda in an uncertain and fluid environment
Successful track record of thriving in a fast paced, entrepreneurial and dynamic environment. Previous consulting experience is a plus
At least 1 year of experience in analysis
Master’s Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering
1+ years of experience in Statistical model building
1+ years of experience in market research
1+ years of experience in SQL querying
2+ years of experience in business analysis
1+ years of experience in consulting
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
How We Hire
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Step 1 Apply
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Step 2 Screen and Schedule
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Step 3 Interview(s)
Now’s your chance to learn about the job, show us who you are, share why you would be a great addition to the team and determine if Capital One is the place for you.
Step 4 Decision
The team will discuss — if it’s a good fit for us and you, we’ll make it official!
How to Pick the Perfect Career Opportunity
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Your wellbeing is our priority
Our benefits and total compensation package is designed for the whole person. Caring for both you and your family.
Healthy Body, Healthy Mind
You have options and we have the tools to help you decide which health plans best fit your needs.
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Here’s how the team fits together. We’re big on growth and knowing who and how coworkers can best support you.
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Senior Business Analyst - Commercial Credit RiskNew York, New York
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