AVP Risk Analytics; financial institution

Job : 14916

Salary: $65,000 – $150,000

Location: Onsite in Manhattan with a foreign bank

Qualifications:

• Bachelor’s degree in Statistics/Mathematics/Engineering/Quantitative required, Master’s preferred
• Minimum 4 years of experience in stress testing, allowances methodology, risk rating modeling and credit risk management at a financial institution
• CPA/CFA/FRM preferred
• Demonstrate broad knowledge of credit markets and specific products knowledge including corporate loans, structured loans, leveraged loans, mergers & acquisition finance, project finance and trade finance, and accounting and capital market knowledge
• Demonstrate knowledge in at least one of the areas:
  Stress testing, CECL, Rating Methodology

Responsibilities:

• Develop credit related models (including but not limited to risk rating models, CECL model, stress testing models), test, implement and deliver the comprehensive technical and non-technical model documentation
• Obtain and prepare model development data in support of standing up credit risk models
• Perform quantitative research to implement model changes, enhancements and remediation plans
• Communicate with model users, model risk manager and senior management regarding validation findings and remediation activities
• Independently coordinate the remediation of model validation findings and provide analytical remediation solutions
• Maintain credit model inventory and conduct annual model review and ongoing performance monitoring
• Conducting research and analysis to provide a micro view of risk management in a particular business line and a macro view of risk management for the bank as a whole