Accessibility Links

Manager Model Validation - Credit Risk

  • Job type: Permanent
  • Location: District of Columbia
  • Salary: 150K +
  • Job reference: BMCK3T342
  • Sector: Banking and Finance, Quantitative Finance, Selby Jennings
  • Date posted: 10/07/2017
A Top Tier Investment Bank is looking for an experienced risk quant to join their Global Analytics team. This person will be Responsible for independently conducting quantitative analytics and complex modeling projects as well as leading efforts in model validation of the retail portfolio (PD, LGD for Auto and Mortgage).The ideal candidate will have excellent quantitative/analytic skills and economic intuition. In addition to having strong quantitative skills, this candidate must also have strong communication skills as they will work closely with senior management and internal stakeholders.

Responsibilities: 
  • Design, estimation, and execution of  risk models (retail credit risk models)
  • Application of analytical tools to assess risks and validate mortgage loss forecasting models
  • Work closely with junior teammates and lead them through the validation process
  • Sufficient background to identify risks proactively and frame the range of potential outcomes for risks that are hard to model

Requirements:
  • Masters or PhD in a quantitative field, PhD strongly preferred
  • 4-7+ years of experience working in developing quantitative models
  • Model development experience in a financial institution
  • Ability to advise management on use of proper quantitative methods
  • Experiences with statistical/financial modeling techniques (Multi factor regression, Markov models, Monte Carlo analysis)
  • Strong Presentation skills
  • Strong communication / interpersonal skills; demonstrate initiative and be able to make quick decisions

Demand is very high for this requisition. If you are interested, please apply below with an updated resume and a short paragraph outlining your relevant experiences.


Similar jobs
VP-SVP | Operations | Private Equity
  • Job type: Permanent
  • Location: Singapore
  • Salary: Competitive
  • Description Our client is an Established Private Equity firm with a significant regional presence. They're hiring a Senior Hire within the
VP Traded Counterparty Risk - Capital Markets
  • Job type: Permanent
  • Location: New York
  • Salary: Competitive
  • Description Rapidly expanding global investment bank is growing its North American business in the U.S. The bank experienced a very strong FY17 and added over 1000+...
Manager - Operations | Securities Firm | Singapore
  • Job type: Permanent
  • Location: Singapore
  • Salary: Competitive
  • Description Our client is a Leading Securities Company with a strong presence across Asia. We are hiring for a Manager - Operations role to be based in ...
Emerging Markets – Credit Analyst – London
  • Job type: Permanent
  • Location: London
  • Salary: Competitive
  • Description Emerging Markets – Credit Analyst – London My client, a privately owned family office operating a long-only strategy; providing a fundamental value driven service,
Senior Predictive Modeler / Data Scientist
  • Job type: Permanent
  • Location: New York
  • Salary: $120000 - $160000 per annum
  • Description My client, a leading global reinsurance company is currently recruiting for an Actuarial Predictive Modeler to join their rapidly growing team. This is a great...