Steel Partners Holdings LP

Compensation

Full Description

About WebBank WebBank (the "Bank") is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As "The Bank Behind the Brand", WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS), and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities, including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing, and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary, National Partners. Job Summary This position will report to the VP, Risk Management & Analytics, and will support credit risk, portfolio analytics, and financial modeling initiatives. As a Sr. Risk Analyst, you will build and maintain complex financial models, support portfolio monitoring and credit risk management, and contribute to investment decisions and business strategy. The ideal candidate will have a strong background in finance, credit risk, and quantitative analysis, with experience in building financial models and analyzing cash-flowing credit assets. Primary Responsibilities (Job Duties) You Will: • Build and maintain complex financial models to analyze new investment opportunities by conducting due diligence on asset pools and modeling expected cash flows and credit losses. • Evaluate the underlying asset performance (loans, credit card receivables, etc.) and incorporate payments and losses into the financial models to assess the credit protection requirements for the Bank. • Conduct credit risk analytics across the Bank's portfolios to ensure portfolio risk levels (delinquency, excess spread, charge-offs, etc.) are aligned with the forecasts and within the pre-determined thresholds. • Evaluate financial trends, policies, and underwriting processes to inform loan loss reserves (CECL), Risk Adjusted Return (RAROC), and Return on Equity (ROE) analyses. • Collaborate with cross-functional teams, including Program Management, Business Development, Accounting, Finance, Counterparty Credit Risk, and Credit Structuring teams, to support investment transactions and ongoing portfolio monitoring. • Support the annual budgeting process by creating financial risk and cash flow projections to drive the Bank's future income estimates. • Continually enhance reporting and business intelligence dashboards using tools such as Tableau to provide senior management visibility into current trends and help drive strategic decisions. • Stay current on industry trends, financial regulations, and emerging technologies to continuously improve risk analytics and financial modeling methodologies. • Contribute to strategic initiatives to automate and streamline credit risk and portfolio analytics processes. Company Perks: You Get: • Paid Time Off (PTO) - Generous paid time off plus paid parental leave • Health insurance - Plans include an employer-paid medical option, dental and vision coverage, plus we offer health savings accounts • 401(k) - WebBank matches up to the first 6 percent of employee contributions, and both the employee's contributions and WebBank's match are fully vested immediately • Life and Disability Insurance - Life insurance and long and short-term disability insurance plans are 100% employer paid • Tuition Reimbursement - WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year Qualifications You Have: • Bachelor's or master's degree in finance, mathematics, statistics, or a related quantitative field. • 3+ years of experience in financial modeling, credit analysis, and risk analysis within Specialty Finance and/or Asset-Based Lending. • Experience in credit risk analytics and portfolio monitoring across loans, credit cards, and other consumer or commercial credit products. • Strong analytical and problem-solving skills with keen attention to detail. • Proficiency in Microsoft Excel and financial modeling software. • Excellent communication and presentation skills, with the ability to translate complex financial data into clear, actionable insights and recommendations • Strong teamwork and collaboration skills, with the ability to work effectively with cross-functional teams in a fast-paced environment. • Data-driven mindset, proactive with the ability to work under pressure. • Strong understanding of portfolio dynamics, including roll rate analysis, loss rate forecasting, and interpretation of credit performance metrics. Technical Skills: • Proficiency in Microsoft Excel and financial modeling. • Working knowledge of SQL for navigating and analyzing large datasets. • Familiarity with Tableau and Python