Senior Credit Risk Analyst

Job posting may be removed earlier if the position is filled or if a sufficient number of applications are received.

The Credit Portfolio Analytics & Operations team manages the global portfolio-level credit risk for Cisco Capital and Cisco Systems on more than $30B of short and long-term lending to customers via leases and loans, accounts receivables, contract assets, and channel guarantees. The team is part of the larger Capital Markets and Underwriting organization which supports Cisco Capital and the Sales teams within Finance. We are a small diverse collaborative team that identifies and tracks economic and financial risks, reports on key portfolio metrics, and supports the underwriting, accounting, workout, and collection functions in setting risk ratings, credit limits, CECL reserves, and non-performing loss mitigation. Team members are intellectually curious individuals with unique perspectives constantly looking to improve our world-class risk management. We maintain a high standard of risk controls, while economic and technological changes are crafting clear opportunities for innovation in our processes and approach.

You will be responsible for monitoring, validating, updating, and improving automated underwriting scorecards and related controls, including the integration of AI prompting, for use by the underwriting team to accelerate the approval of credit limits for lending. In collaboration with the portfolio analytics team and credit operations, you will help propose periodic adjustments to benchmark metrics and scorecard credit limits based on changes in the credit cycle or portfolio correlations (VaR) for approval by the Chief Credit Risk Officer. With some experience, you will modify and develop new scorecards to address opportunities resulting from new data sources, analysis, and AI improvements.

Organizational skills, data management, an analytical attitude, and a collaborative disposition will be key to your ability to set up and consistently update and analyze relevant data due to multiple sources of information, consolidation processes, and credit workflows. Success can be realized by helping to improve underwriting consistency, accuracy, and efficiency with the potential to change our approach to the approval process and the company's ability to scale the business.

• Use financial, credit, and statistical analysis to assess credit risk across large data sets.

• Collaboratively build and maintain a 'dashboard' and periodic readout of KPIs related to automated scorecard use and full underwriting approvals.

• Identify trends, portfolio characteristics, anomalies, and ideas to make recommendations for underwriting and operational improvements.

• Apply credit agency ratings, financial disclosures, credit metrics, probabilities of default (e.g. Merton Model estimates), payment delinquencies, general fixed income concepts, and third-party quantitative models as needed to analyze and improve scorecards.

• Optimize competing objectives and conflicting information to maximize credit model efficiency without compromising risk controls.

• Contribute to related ad-hoc analysis, projects, and presentations which support team processes and requests from senior leaders. Be prepared to adapt to new opportunities.

• Bring an awareness of economics and credit-related events for comparison with historical cycles to interpret the impact on current market dynamics and the credit portfolio.

• Add your voice to a geographically dispersed team with relevant insights into the challenges facing the people, businesses, and industries that make up our customers.

• Credit experience, or a strong grasp of credit risk based on related commercial lending, fixed income portfolio management, capital markets, treasury, investment banking, or accounting experience.

• Experience performing basic to intermediate statistical analysis including regressions.

• Intermediate to advanced Excel experience including pivot tables, API queries, and any statistical package.

• Experience developing and presenting in PowerPoint to leaders.

• Undergraduate or graduate degree in Finance, Accounting, Economics, Statistics, Business, Math, Engineering, or a related field.

• 3+ years of related business experience in credit, banking, asset management, corporate finance, or financial consulting.

• CFA, FRM, PRM, CFP, or similar accreditation is desirable.

• MBA or graduate degree in a related field or Bachelor with extensive experience

• Experience with S&P CapIQ (or other data providers and their platforms such as Bloomberg, Moody's, BvD, MSCI, LSEG Data & Analytics (Refinitiv Eikon), FactSet, etc.)

• Experience with SQL, Power BI, Business Objects, Python, or other data and finance-related tools.

• Experience with backtesting, VaR analysis, or other forms of stress testing.

At Cisco, we're revolutionizing how data and infrastructure connect and protect organizations in the AI era - and beyond. We've been innovating fearlessly for 40 years to create solutions that power how humans and technology work together across the physical and digital worlds. These solutions provide customers with unparalleled security, visibility, and insights across the entire digital footprint. Simply put - we power the future.

Fueled by the depth and breadth of our technology, we experiment and create meaningful solutions. Add to that our worldwide network of doers and experts, and you'll see that the opportunities to grow and build are limitless. We work as a team, collaborating with empathy to make really big things happen on a global scale. Because our solutions are everywhere, our impact is everywhere.

We are Cisco, and our power starts with you.

Cisco is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, genetic information, age, disability, veteran status, or any other legally protected basis

U.S. employees have access to quality medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, short and long-term disability coverage, basic life insurance and numerous wellbeing offerings.

Competitive salary range: $99,100-128,700

Accommodations for Disabled and Neurodivergent Applicants

We offer the necessary guidance and access to assistive technology and services to support your application process. If you require assistance or accommodations during the application, interview, or hiring process, please contact us.

Cisco is an Affirmative Action and Equal Opportunity Employer.

At Cisco, we're revolutionizing how data and infrastructure connect and protect organizations in the AI era - and beyond. We've been innovating fearlessly for 40 years to create solutions that power how humans and technology work together across the physical and digital worlds. These solutions provide customers with unparalleled security, visibility, and insights across the entire digital footprint.

Fueled by the depth and breadth of our technology, we experiment and create meaningful solutions. Add to that our worldwide network of doers and experts, and you'll see that the opportunities to grow and build are limitless. We work as a team, collaborating with empathy to make really big things happen on a global scale. Because our solutions are everywhere, our impact is everywhere.

We are Cisco, and our power starts with you.

Individual pay is determined by the candidate's hiring location, market conditions, job-related skillset, experience, qualifications, education, certifications, and/or training. The full salary range for certain locations is listed below. For locations not listed below, the recruiter can share more details about compensation for the role in your location during the hiring process.

U.S. employees are offered benefits, subject to Cisco's plan eligibility rules, which include medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, paid parental leave, short and long-term disability coverage, and basic life insurance. Please see the Cisco careers site to discover more benefits and perks. Employees may be eligible to receive grants of Cisco restricted stock units, which vest following continued employment with Cisco for defined periods of time.

U.S. employees are eligible for paid time away as described below, subject to Cisco's policies:

• 10 paid holidays per full calendar year, plus 1 floating holiday for non-exempt employees

• 1 paid day off for employee's birthday, paid year-end holiday shutdown, and 4 paid days off for personal wellness determined by Cisco

• Non-exempt employees** receive 16 days of paid vacation time per full calendar year, accrued at rate of 4.92 hours per pay period for full-time employees

• Exempt employees participate in Cisco's flexible vacation time off program, which has no defined limit on how much vacation time eligible employees may use (subject to availability and some business limitations)

• 80 hours of sick time off provided on hire date and each January 1st thereafter, and up to 80 hours ofunused sick timecarried forwardfrom one calendar yearto the next

• Additional paid time away may be requested to deal with critical or emergency issues for family members

• Optional 10 paid days per full calendar year to volunteer

For non-sales roles, employees are also eligible to earn annual bonuses subject to Cisco's policies.

Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components, subject to the applicable Cisco plan. For quota-based incentive pay, Cisco typically pays as follows:

• .75% of incentive target for each 1% of revenue attainment up to 50% of quota;

• 1.5% of incentive target for each 1% of attainment between 50% and 75%;

• 1% of incentive target for each 1% of attainment between 75% and 100%; and

• Once performance exceeds 100% attainment, incentive rates are at or above 1% for each 1% of attainment with no cap on incentive compensation.

For non-quota-based sales performance elements such as strategic sales objectives, Cisco may pay 0% up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.

The applicable full salary ranges for this position, by specific state, are listed below:

New York City Metro Area:

Non-Metro New York state & Washington state:

* For quota-based sales roles on Cisco's sales plan, the ranges provided in this posting include base pay and sales target incentive compensation combined.

** Employees in Illinois, whether exempt or non-exempt, will participate in a unique time off program to meet local requirements.