Senior Model Development Analyst
Lewis James Professional is a woman-owned staff augmentation, project consulting and direct hire search and placement firm. We are currently seeking a Senior Model Development Analyst for a direct hire opportunity with a financial services client.
Responsibilities:
- The Senior Model Development Analyst will design, develop, implement, maintain, and execute complex financial models used for loss forecasting, scenario and stress testing, originations & collections, pricing, and portfolio optimization for retail, consumer, and commercial assets.
- Use Python or R for data consumption, aggregation, analysis, and model development.
- Utilize Power BI to develop portfolio analytics and communicate with the line-of-business and operations partners.
- Utilize Microsoft Office products for analysis, documentation, and presentation.
- Openly communicate with line-of-business and operations partners to identify needs and develop requirements.
- Collaborate with Model Owners to engage with and satisfy independent reviewers, auditors, validators, and regulators.
- Contribute to the research, design, and implementation of new financial products and portfolio strategies.
- Review model output, summarize, and articulate results to stakeholders and senior management.
- Create data environment to support needs of all quantitative activities.
- Evaluate academic and industry research, present summaries to partners and senior leadership, and suggest practical applications.
- The Senior Model Development Analyst will ensure compliance with the bank’s policies, procedures, and Federal and State regulations.
- Work with on-site equipment and minimize departmental non payroll costs.
- Recommend customer service enhancements and improvements.
Qualifications:
- Bachelor’s degree and Master's degree in a field related to physics, mathematics, statistics, economics, or other quantitative discipline required.
- 5-6 years of work experience in a Financial Institution or Consulting Organization required.
- Experience programming in Python or R required.
- Experience programming in SQL, SAS, Java, C+, C++, or Julia preferred.
- 3-5 years of experience in a Financial Institution or Consulting Organization or extensive subject matter expertise in the areas of Operational Risk, Market Risk, Machine Learning, Artificial Intelligence, Stress Testing, or 3rd Party Vendor Models.
- Ability to navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency.
- Sponsorship is available.
For immediate consideration, please click “Apply” and use Job Code BHJOB11837_4195. You may also send a copy of your resume to: and enter only the following job code in the subject line: BHJOB11837_4195. Lewis James Professional is an Equal Opportunity Employer. M/F/D/V