Job Title: Quantitative Analyst, Model Validation, and Analytics
Expected Duration: 6+ Months
Location: Irving, TX
Note: Only on W2
Need Someone from Strong Banking Background
Job Description:
The Model/Anlys/Valid Sr Analyst accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function.
Responsibilities:
• Manages model risk across the model life-cycle including model validation, ongoing performance monitoring and annual model reviews.
• Produces analytics and reporting used to manage risk for economic scenario expansion models.
• Assists in the development of analytic engines for business product lines.
• Conducts statistical analysis for risk related projects and data modeling/validation.
• Applies quantitative and qualitative data analysis methods including SAS programming, Structured Query Language (SQL) to extract, transform and analyze data.
• Prepares statistical and non-statistical data exploration, validate data, identify data quality issues.
• Conducts data analysis, data mining, read and create formal statistical documentation, reports and work with Technology to address issues.
Qualifications:
• 6+ years experience
• Practical experience using Python or similar statistical software to run model performance test.
• Be comfortable interfacing with business clients. proficiency in handling very large data sets.
• Experience in a quantitative role in risk management at a financial institution with experience in either model development or validation.
• Good knowledge and understanding of a variety of model development and validation testing techniques covering risk models.
Education:
• Bachelor’s/University degree or equivalent experience in a quantitative discipline, potentially Masters degree