Quantitative Modeling Specialist

1 day ago


Chennai, Tamil Nadu, India ProEx Labs Full time

ProEx Labs is seeking a highly skilled Quantitative Modeling Specialist to join its team. This role involves developing, validating, and implementing quantitative models to support decision-making processes across various business units.

Salary: $120,000 - $180,000 per year

About the Role:

We are looking for a talented individual with a strong background in statistical modeling, data analysis, and risk assessment. The ideal candidate will have experience in model development and validation, as well as a deep understanding of regulatory requirements related to model risk.

Key Responsibilities:

  • Design and implement statistical models for forecasting, risk assessment, and performance evaluation.
  • Collaborate with cross-functional teams to identify modeling needs and objectives.
  • Conduct thorough validation of existing models to ensure accuracy, reliability, and compliance with regulatory standards.

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.
  • Mandatory hands-on in SQL, with experience in SAS (preferred), Python, R.
  • Familiarity with machine learning techniques and statistical analysis tools.

Benefits:

  • A competitive salary range of $120,000 - $180,000 per year.
  • The opportunity to work with a cutting-edge technology company.
  • A collaborative and dynamic work environment.


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