Summary
My client is seeking an experienced IRB Wholesale Credit Modeler to join their dynamic team of Quantitative Risk Professionals. This role offers an exciting opportunity for a skilled quantitative expert with a strong background in wholesale credit risk rating - PD (probability of default) and LGD (loss given default) modeling. You will collaborate with cross-functional teams to design, develop, implement, and validate complex financial models.
The ideal candidate should have a degree in a quantitative space such as statistics, physics, or mathematics and have 5+ years of experience developing internal risk rating models for a corporate or commercial portfolio. Proficiency using python and other statistical tools are a must (Bayesian statistics, time series modeling, logistic regression, etc)
Responsibilities
- Developing internal credit rating models for their wholesale portfolio (emphasis on CRE/C&I)
- Working cross-functionally across the MRM and Credit Risk teams
- Create tools and dashboards to improve risk analysis
- Communicating any findings with senior stakeholders and regulators
Qualifications
- 5+ Years of internal credit rating model development experience
- Expertise working in wholesale/commercial portfolios
- Proficient utilizing Python and statistical tools to develop models
- Master's Degree in a quantitative field, PhD preferred (Statistics, Math, Physics)
Benefits
- Full health care
- Vision
- Dental
- Hybrid Flexible Schedule
