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Location

Manhattan, NY | United States

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Job description

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

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Job tags

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Salary

$160k - $220k