Risk Assessment and Development Expert
1 day ago
**About the Role**
As a Model Development and Validation Specialist at ProEx Labs, you will play a critical role in supporting our client's decision-making processes by developing, validating, and implementing quantitative models.
You will work closely with cross-functional teams to identify modeling needs and objectives, and design and implement statistical models for forecasting, risk assessment, and performance evaluation.
**Responsibilities Include:**
- End-to-end model development from segmentation to model performance.
- Thorough validation of existing models to ensure accuracy and reliability.
- Back-testing and stress testing of models to assess their robustness.
**We Offer:**
- An estimated salary range of $90,000 - $120,000 per year based on industry standards and location.
- A comprehensive benefits package that includes health insurance, retirement planning, and professional development opportunities.
**Requirements:**
- Bachelor's degree in Statistics, Mathematics, Economics, Data Science, or a related field; master's preferred.
- Proven experience in model development or validation in Banking sector for retail risk space (scorecard model development/validation experience preferred).
- Mandatory hands-on in SQL, with experience in SAS (preferred), Python, R.
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