Credit Model Development Lead

Company: VirtualVocations
Location: Beaumont
Posted on: November 7, 2024

Job Description:

A company is looking for a Credit Model Development Quantitative Lead to manage a team of quantitative analysts and modelers in developing and maintaining credit risk models.



Key Responsibilities

Lead the research and development of quantitative models for credit risk, including loss forecasting and capital planning
Manage model documentation and engage with Model Risk Management for validation exercises
Collaborate with internal and external partners to implement strategies for optimal pricing and underwriting


Required Qualifications, Training, and Education

Bachelor's degree in statistics, economics, finance, or a related field with at least 6 years of quantitative modeling experience
A minimum of 2 years in a supervisory or management role
Experience with behavioral/quantitative model development, including logistic regression and time series analysis
Familiarity with model risk management and validation practices
Proficiency in statistical software packages such as SAS, Python, or R, and experience with SQL databases

Keywords: VirtualVocations, League City , Credit Model Development Lead, Other , Beaumont, Texas