Description
Huxley Associates is currently working in partnership with a local New York City Bank in search for a Senior Modeler.Responsibilities:
Engage with internal and external stakeholders, facilitate discussion, drive agreement on model development, and communicate quantitative methods and results to various stakeholders, including related business units, model governance group, as well as regulators.
Build Basel-II compliant methodological approaches
Partner with internal IT and vendor teams to upgrade Risk Rating platform and contribute to the integration of risk rating platform with various other loan systems and data marts
Develop, maintain and enhance econometric models for various R&D projects, such as macro-economic linkage model and stress testing methodology.
Conduct quantitative portfolio analytics with the banks commercial portfolio.
Work on various ad hoc quantitative, modeling, and programming assignments using R, SAS, Matlab, SQL, Access and VBA.
Contribute to the development of a comprehensive risk rating framework and infrastructure
The Person
The successful candidate will be someone who can operate effectively in a matrix environment, serving and fulfilling the analytical needs within the banking organization. She/he will exhibit excellent people leadership skills to leverage the capabilities of peers, business partners, and associates along with the confidence to effectively influence the executive leadership team. Strong business judgment, communications and analytical skills are essential.
Basic Qualifications
- 5+ years of progressive experience in econometric/statistical modeling of credit risk within a commercial bank or a risk consulting firm
- Masters Degree in a quantitative discipline, such as Economics, Finance, and Statistics, etc., Ph.D. preferred.
- Deep understanding and knowledge of commercial banking business and Basel framework
- Experience in credit analysis or lending or credit portfolio management
- Excellent analytical and statistical skills
- Very strong organizational skills
- Results driven approach to work
Preferred Qualifications
- 6 - 8 years of progressive experience in econometric/statistical modeling of credit risk within a Commercial bank or a risk consulting firm
- PhD in a quantitative and analytical discipline (e.g., Economics, Finance, and Statistics etc.)
- Very strong communication skills
Please call Ciara O'Kane at Huxley for further information
To find out more about Huxley Associates please visit www.huxley.com