Model Risk Quantitative Analyst

Posted 2024-11-13

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💎 Seniority level: Senior, 5+ years

📍 Location: United States of America

💸 Salary: 70000 - 100000 USD per year

🔍 Industry: Banking

🏢 Company: External

🗣️ Languages: English

⏳ Experience: 5+ years

🪄 Skills: SQLData AnalysisData analysisRegression testingCommunication SkillsAnalytical SkillsProblem SolvingAccountingWritten communicationCompliance

Requirements:

Advanced degree in a quantitative discipline such as Economics, Quantitative Finance, Statistics, or related field.
M.S. or above in quantitative discipline (statistics preferred) with 5+ years in advanced statistical modeling.
Experience with logistic regression, general linear/nonlinear modeling, and time series analysis.
Proficiency in statistical software such as R or SAS.
Familiarity with SQL and relational databases.

Responsibilities:

Develop a working knowledge of models as the department’s subject matter expert.
Challenge models, including assumptions and methodologies, during the model life cycle.
Perform adequacy testing and statistical analysis to validate model integrity.
Review and challenge completed model validations for compliance and thoroughness.
Prepare and present Model Validation Executive Summaries.

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