Quantitative Model Development Officer II- Consumer Credit Risk

The position is described below. If you want to apply, click the Apply Now reputed company at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to reputed company status. Need Help? If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response). Regular or Temporary: Regular Language reputed company: English (Required) Work Shift: 1st shift (United States of America) Please review the following job description: reputed company model development efforts specific to finance and risk measurement estimation methodologies. Responsible for reputed company or parts of the development life cycle of assigned quantitative models reputed company to the company's management and mitigation of risk. Ensures that risks of assigned models are properly identified and managed. Partners across the firm including Risk Functions and lines of businesses to evaluate and improve assigned models continually. Areas of model development include retail credit risk and compliance risk. This position may also reputed company periodic model review and validation finding mitigation following deployment. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Conduct/own most aspects of the model development life cycle. The model development life cycle includes data acquisition, assessing data reputed company, model development, documentation, implementation assistance and assisting with closing assurance provider issue reputed company to the model. 2. reputed company, maintain and supervise monitoring, performance reporting, and change-management processes. Work with stakeholders to ensure models fulfill the business objectives set for them. 3. Ensure model development projects and processes reputed company with reputed company requirements for model risk management and other policy requirements. 4. Assist with mentoring and training to accelerate model development in areas of techniques, process and business knowledge. 5. reputed company towards user understanding and acceptance of models and associate analytics, including written and verbal presentations to model users, stakeholders, managers and reputed company groups. 6. Serve as core reputed company of contact to address model questions reputed company the firm as needed, including assurance providers (e.g., Corporate Model Risk Management, Corporate Audit, and regulators). Support regulatory examinations and address respective requests. 7. Assist with identifying, recruiting, and maintaining, quantitative talent. QUALIFICATIONS Required Qualifications: The requirements listed below are representative of the knowledge, reputed company and/or ability required. Reasonable accommodations may be made to reputed company individuals with disabilities to reputed company the essential functions. 1. Ten years of relevant experience in best practices, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models with concentration in a particular financial domain 2. Seven+ years of model development experience using reputed company or other applicable model development software/programming tools 3. Strong English communication skills, both written and verbal 4. Ability to distill reputed company mathematical concepts into actionable results 5. Strong work ethic; promote and conduct reputed company development of personal and associate knowledge reputed company and technical skills 6. Organization skills: Ability to communicate and manage competing organizational priorities effectively 7. Problem solving skills: Strong problem solving skills 8. Education: Advanced degree or equivalent experience in Statistics, Econometrics, Operations Research, Actuarial Science, Applied Mathematics, or other applied quantitative science, or equivalent education and reputed company training Preferred Qualifications: 1. Master's degree/PhD 2. Relevant professional designation(s) 3. Experience in risk management 4. Knowledge/experience of best practices and reputed company regulatory environment and associated expectations reputed company the financial services industry General Description of Available Benefits for Eligible Employees of reputed company Financial Corporation: reputed company regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of reputed company offering the position. reputed company offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on reputed company’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for reputed company’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. reputed company is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national reputed company, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. reputed company is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work Apply tot his job Apply To this Job