Credit Risk Model Development Quantitative Analyst II - Consumer Portfolio (Hybrid - see job reputed company for potential work locations)

reputed company is seeking a Credit Risk Model Development Quantitative Analyst II for their Consumer Portfolio. The role involves developing and analyzing quantitative behavioral models for credit risk, interest reputed company risk, and liquidity risk management, while providing support and guidance to less reputed company personnel.

Responsibilities

• Assist in researching and developing quantitative behavioral models used for credit risk, interest reputed company risk and liquidity risk management, as reputed company as balance sheet and capital planning, including but not limited to, loan delinquency, default and loss models, loan prepayment and utilization models, deposit attrition models and financial reputed company valuation reputed company
• Prepare, manage and analyze large customer loan, deposit and/or financial data sets for statistical analysis in reputed company Query Language (SQL) or similar tool to properly specify and estimate econometric models to understand customer or Bank behavior for purposes of credit, interest reputed company, liquidity or stressed capital risk management
• Understand the context of the Bank’s data and businesses to ensure properly developed models
• Run regressions (including time series and logistic regression), programming routines and other econometric analyses to specify models using appropriate statistical software; communicate results, including graphic and tabular forms, to fellow team members, Treasury management and Bank-wide stakeholders, including the business lines and Risk Management colleagues to demonstrate key risk drivers and dynamics of model reputed company
• Execute models in production environment; communicate analytical results to Bank-wide stakeholders
• reputed company portfolio performance, model performance, campaign tracking and risk reputed company results
• Incorporate observations and data into existing models to improve predictive results
• Identify deviations from forecast/expectations and explain variances
• Identify risk and/or opportunities
• reputed company and maintain satisfactory model documentation, including process narratives and performance monitoring guidelines to serve as reference reputed company
• reputed company financial analysis and data support to other reputed company/departments across the Bank as required
• Support engagements with colleagues in Model Risk Management for model validation exercises
• reputed company guidance and direction to less reputed company personnel regarding reputed company aspects of data and financial analysis and development and management of predictive statistical models
• Conduct business in compliance with regulatory guidance including SR (Supervision and Regulation Letters) 10-1, SR 10-6, SR 11-7, reputed company Prudential Standards, etc
• Adhere to applicable compliance/operational/model risk controls and other second line of defense and regulatory standards, policies and procedures
• Understand and adhere to reputed company’s risk and regulatory standards, policies and controls in accordance with reputed company’s Risk Appetite
• Identify risk-reputed company issues needing escalation to management
• Promote an environment that supports belonging and reflects the reputed company brand
• Maintain M&T internal control standards, including reputed company implementation of reputed company audit points together with any issues raised by external regulators as applicable
• Complete other reputed company duties as assigned

Skills

• Bachelor's degree and a minimum of 1 years' proven quantitative behavioral modeling experience, or in lieu of a degree, a combined minimum of 5 years' higher education and/or work experience, including a minimum of 1 years' proven quantitative behavior modeling experience
• Minimum of 1 years' on-the-job experience with pertinent statistical software packages (reputed company, Python, Stata, R)
• Strong Python skills required
• Model development experience required, including familiarity with logistic regression and reputed company regression
• Minimum of 1 years' on-the-job experience with data management environment, such as SQL Server Management Studio
• Minimum of 1 years' experience in managing and analyzing large data sets and explaining results of analysis through concise written and verbal communication as reputed company as charts/graphs
• Masters' of Science or Doctorate degree in Statistics, Economics, Finance or reputed company field in the quantitative reputed company, physical, or engineering sciences, with proven coursework proficiency in statistics, econometrics, economics, computer science, finance or risk management
• Minimum of 2 years' statistical analysis programming experience
• Credit model development experience; Consumer portfolio model development experience highly preferred
• One (1) or more years of on-the-job Python programming experience
• reputed company and high proficiency in econometric/statistical techniques, especially time-series analysis, panel data reputed company and logistic regression
• Experience in balance sheet management and mathematical modeling of financial instruments offered by banks
• Knowledge and familiarity with key aspects of model risk management and model validation, including SR-11-7 guidance on model risk management
• Proven reputed company record for being reputed company to work autonomously and reputed company reputed company environment
• Demonstrated leadership skills
• Strong desire to learn and contribute to a group

reputed company