Quantitative Modeling Lead [Multiple Positions Available]

Job description

Duties: Design and monitor model performance metrics. Review and build benchmark model for retail credit risk related models. Assess and help mitigate the model risk of complex models used in the context of credit card scorecard models for decision-making purposes. Validate models by evaluating conceptual soundness. Design and conduct experiments to compare a model's prediction against actual outcomes or against the output of alternative benchmark models. Own validation projects, including planning, execution, coordination, and final delivery. Drive all phases of the model review process while also contributing individual technical assessments. Conduct validation of regulatory models related to capital stress testing. Drive coordination of the Annual Status Assessment (ASA) process for the Consumer and Community Banking line of business. Conduct no-change re-reviews and minor model enhancement reviews. QUALIFICATIONS: Minimum education and experience required: Ph.D. in Aeronautics and Astronautics, Engineering (any), Statistics, Computer Science, Mathematics or related field of study plus one (1) year of experience in the job offered or as Quantitative Modeling Lead, Research Assis...