Quantitative Analyst I - Risk Rating Model Development

Employer Industry: Banking and Financial Services Why consider this job opportunity: - Opportunity for career advancement and growth within the organization - Work remotely from various states across the U.S. - Competitive and thoughtfully designed benefits program - Engage in meaningful work by developing risk rating models for commercial loans - Collaborative work environment with cross-functional teams What to Expect (Job Responsibilities): - Develop and enhance risk rating models for commercial loans, ensuring compliance with regulatory standards - Gather and analyze internal and external financial and loan-level data for model development - Maintain comprehensive documentation of model development processes - Facilitate the model validation process with the bank’s Model Risk Management team - Collaborate with IT teams to integrate developed models into the bank's systems What is Required (Qualifications): - Bachelor's Degree and 2 years of experience in financial, statistical, or quantitative analysis OR High School Diploma or GED and 6 years of experience in financial, statistical, or quantitative analysis - Strong proficiency in statistical modeling techniques and programming languages such as SAS and Python - Excellent analytical and problem-solving skills with attention to detail - Ability to communicate complex concepts effectively to both technical and non-technical stakeholders - Proficiency with Microsoft Office products (Excel, PowerPoint, Word, etc.) How to Stand Out (Preferred Qualifications): - Master's degree in a quantitative field such as Statistics, Mathematics, or Economics - Demonstrated expertise in supervised and unsupervised algorithms applied to quantitative risk modeling - Solid understanding of core statistical concepts, including probability distribution and hypothesis testing - Hands-on experience in data cleaning, feature engineering, and implementing statistical or machine learning models #Banking #QuantitativeAnalysis #RemoteWork #CareerGrowth #StatisticalModeling We prioritize candidate privacy and champion equal-opportunity employment. Central to our mission is our partnership with companies that share this commitment. We aim to foster a fair, transparent, and secure hiring environment for all. If you encounter any employer not adhering to these principles, please bring it to our attention immediately. We are not the EOR (Employer of Record) for this position. Our role in this specific opportunity is to connect outstanding candidates with a top-tier employer. Apply tot his job