Senior Quantitative Risk Analyst - Remote

Overview

The Senior Quantitative Analyst, Credit Risk operates independently to develop processes, models, analytics and commentary that enable understanding and mitigation of credit risk.

In Short

• Develop and maintain loan-level probability of default (PD), exposure at default (EAD) and loss given default (LGD) models for consumer and mortgage lending portfolios
• Apply appropriate statistical techniques and diagnostics to ensure model effectiveness
• Develop and maintain data models to ensure accuracy and continuity of model data
• Assemble and present materials summarizing model methodology and results for senior leadership and other stakeholders
• Develop and maintain loan-level forecast and stress testing processes for Moody's Portfolio Analyzers
• Develop and maintain scorecard views to support credit risk monitoring
• Assess efficacy of underwriting criteria in coordination with lending teams
• Write detailed workflow documentation to ensure process continuity
• Write detailed model documentation for validation by Model Risk Management (MRM)
• Respond to findings from MRM and auditors

Requirements

• Minimum 5 years’ experience in a quantitative analyst role
• Minimum 3 years’ experience in statistical modeling
• Minimum 3 years’ experience in the financial services industry
• Experience auditing code for bugs
• Advanced analytical and problem-solving skills with attention to detail
• Demonstrated effective time management skills and the ability to work independently
• Excellent verbal and written communication skills; able to express ideas concisely and logically to all levels
• Demonstrated ability to establish credibility and rapport with internal and external stakeholders
• Proficiency with a data visualization/dashboarding tool (such as Tableau)
• Expert knowledge of an analytical/quantitative tool such as R (preferred) or Python
• Advanced SQL skills and understanding of relational databases
• Strong knowledge of Microsoft Office Suite
• Minimum Education: Master’s degree in Finance, Statistics, or other quantitative field required

Benefits

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Accrue up to 17 days of Paid Time Off your first year of employment
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans