Sr. Credit Risk Analyst

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.

The Optum Bank Credit Risk Senior Analyst will be responsible for assessing the credit risks that arise from the Bank’s lending and investing activities. The Senior Analyst will work with broader Risk Group as well as Credit professionals to assess the credit and financial strength of the Bank’s borrowers and counterparts by performing fundamental credit analysis, using both quantitative and qualitative factors, and provide recommendation for loan transactions, determine appetite and risk ratings, and monitor credit trends in the portfolio. 


This role requires candidate to work on-site at the Draper office on a full-time basis for candidates located in Draper, UT and surrounding areas.

If you are located outside of Draper, UT, you will have the flexibility to work remotely* as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Primary Responsibilities:

• Actively engage with Bank’s lending and investing stakeholders to review and assess potential credit risks associated with lending portfolios, products, processes, and strategies
• Perform ongoing assessment of the credit and financial strength of the commercial and consumer counterparts by performing fundamental credit analysis of counterparties using internal rating methodologies
• Review loans on an individual and aggregate portfolio basis to determine potential risks, adherence to policy and procedures, and accuracy of risk ratings
• Present findings and recommendations to senior leadership and answer questions relating to analysis performed and escalate issues to senior management
• Assist in updating, implementing and maintaining credit risk rating methodologies
• Support senior leadership in partnering with broader business units to assess data availability, data sufficiency, and reporting needs for credit risk assessment
• Perform broader sector analysis to assess industry fundamentals and portfolio trends
• Generate report with early warning indicators then review, assess and propose rating action recommendation to senior leadership 
   

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
 

Required Qualifications:

• Bachelor’s degree in accounting, finance, or business/economics related field
• 3+ years of credit risk management or underwriting experience, with a background in direct or syndicated lending, with experience in assessing corporates borrower’s probability of default through quantitative and qualitative credit risk methodology and assigning regulatory credit rating classification in line with the Shared National Credit (SNC) program
• 3+ years of experience in financial analysis, corporate finance, investment analysis, or related analytical roles, with ability to build and maintain advanced financial models for forecasting, and valuation
• 3+ years of experience working with and utilizing corporates credit ratings issued by major rating agencies, such as Moody’s, S&P, and Fitch, to assess a borrower’s risk profile

Preferred Qualifications:

• 4+ of years of experience in a bank or other financial institution with duties focused on deep dive in financial statements, cash flow projections, and credit rating
• Solid understanding of U.S. GAAP, including the ability to interpret and analyze GAAP compliant financial statements
• Proven ability to clearly communicate verbally and in writing
• Excellent interpersonal skills, including the ability to lead and collaborate with multiple teams
• Ability to scope and lead a risk assessment or project from start to end and present results to stakeholders and senior leaders
• Solid project management / organizational skills and the ability to manage multiple assignments concurrently across various stakeholders

*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy.

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you’ll find a far-reaching choice of benefits and incentives. The salary for this role will range from $72,800 to $130,000 annually based on full-time employment. We comply with all minimum wage laws as applicable.

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.

UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.