Model Development Role - Counterparty Credit Risk - Bank

Model Development - Counterparty Credit Risk

Responsibility :

- This person will contribute to highly visible enterprise-wide modeling programs, dedicated to a specific area of the business.

- The models make estimates that are a key input to management decisions and are reported to Senior Management and the Board of Directors on a regular basis.

- The role will be to execute corporate-wide standards for model development.

- The incumbent will be responsible for leading work to identify problems that can be solved by the application of financial theory and the building of models which improves the firm's operations.

- This will entail investigating and selecting frameworks best suited to solve a problem and deciding on the scope of the solution.

- The incumbent will mainly work in Counter-Party Risk Modeling, focusing on the stress-testing modeling of the Bank's securities finance book.

Required Skills :

- 2 - 5 years of modeling experience in financial services with related experience, preferable in the counterparty risk area.

- Must have experience with complex quantitative modeling, numerical analysis, and computational methods using Python and have experience with any database.

- Must be extremely focused, detail oriented, results oriented and highly productive.

- Must have a proven track record of being able to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time.

- The candidate must have excellent scientific and technical documentation and presentation skills, assertiveness & influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language.