Overview

We are looking for a highly qualified candidate to join as a Model Developer to contribute to this exciting opportunity.

Primary responsibilities include:

  • Lead the design, testing, approval and implementation of the models which are assigned to the modeler
  • Responsible for developing and executing all aspects of retail and/or wholesale PPNR models and for ensuring full compliance with regulatory and accounting requirements, while providing credible management direction to support business decisions
  • Will consult with various business units, regulatory, and controllership staff to understand their analytics needs. Will consult with IT and data teams to determine who can provide data for this analysis, as well as analogous staff around Citizens Financial Group to ensure consistency of our approach with established standards
  • Lead the efforts of the model build process through the various approval committees throughout the bank such as business approval committee, model risk committee, capital planning committee, etc…
  • Engage with internal and external stakeholders, facilitate discussion, drive agreement on model development approach, and communicate quantitative methods and results to various stakeholders, including related business units, and Citizens model governance and approving committees, as well as regulators
  • Lead best practice modeling techniques, ensure comprehensive documentation and maintain best of class model monitoring and outcome analysis
  • Partner with internal IT and vendor teams to develop and upgrade platforms and contribute to the integration of the models with various other loan systems and data marts, where necessary
  • Coordinate the development, maintenance and enhancement of econometric expertise, stress testing methodologies.
  • Conduct quantitative portfolio analytics in coordination with the risk reporting units, the business units and the Treasury Capital Management unit
  • Work on various ad hoc quantitative modeling and programming assignments using SAS, R, Eviews and SQL and Matlab

Qualifications:

  • 4+ years of progressive experience in econometric/statistical modeling of credit risk/revenue within a commercial bank or a risk consulting firm
  • Deep understanding and knowledge of commercial and retail banking products, operations and credit and business processes, including credit analysis or lending or credit portfolio management
  • Strong time-series modeling skills
  • Excellent analytical, econometrical and statistical skills
  • Very strong organizational and communication (both verbal and written) skills
  • Results driven approach to work

To apply for this job please visit the following URL: http://bit.ly/2p3nqte →


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