Senior Quantitative Credit Risk Modeler
1 week ago
We are seeking a highly skilled Senior Quantitative Credit Risk Modeler to join our team at Skillventory - A Leading Talent Research Firm.
About the Role
As a Senior Quantitative Credit Risk Modeler, you will be responsible for developing and validating credit risk models that meet the regulatory requirements of major financial institutions.
Key Responsibilities
1. Develop and implement advanced statistical models for credit risk assessment, including Probability of Default (PD), Exposure in Default (EAD), and Loss Given Default (LGD) models.
2. Collaborate with cross-functional teams to design and implement model validation procedures that adhere to regulatory standards.
3. Conduct thorough analysis of model performance, identifying areas for improvement and implementing changes as needed.
4. Stay up-to-date with industry developments and emerging trends in credit risk modeling, applying this knowledge to enhance model effectiveness.
5. Communicate complex technical information to both technical and non-technical stakeholders, ensuring seamless collaboration and informed decision-making.
Requirements
To succeed in this role, you must have:
1. Strong quantitative background in applied statistics, mathematics, operations research, economics, or a related field.
2. Extensive experience with credit risk modeling, including PD, EAD, and LGD models.
3. Familiarity with machine learning techniques, such as gradient boosting, XGBoost, Cat-Boosting, and Random Forest.
4. Proven track record of model development and validation in a regulatory environment, with expertise in US (FRB/OCC), UK (PRA/ECB), CBUAE (MENA), RBI (India), MAS (Singapore), and HKMA (Hong Kong) regimes.
5. Excellent communication and interpersonal skills, with the ability to work effectively in a fast-paced team environment.
What We Offer
At Skillventory, we offer a competitive salary range of $120,000 - $180,000 per annum, commensurate with experience. Additionally, we provide a comprehensive benefits package, including health insurance, retirement plan, and paid time off. Our company culture values continuous learning and professional growth, offering opportunities for career advancement and skill development.
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