The US Regulatory Model Development team is responsible for developing stress testing and loss provisioning models for US Unsecured portfolios
Job Summary
The US Regulatory Model Development team is responsible for developing stress testing and loss provisioning models for US Unsecured portfolios.
Responsibilities include obtaining and performing QA/QC on data, developing segment/account level models, performing required tests, and validating/recalibrating models annually.
The role requires delivering comprehensive model documentation and working closely with cross-functional teams, including business stakeholders, model validation, governance, and implementation teams.
Matching Summary
The US Regulatory Model Development team is responsible for developing stress testing and loss provisioning models for US Unsecured portfolios.
Skills & Requirements
Must-have
CCAR/CECL model development
Quantitative analysis
Statistical modeling
Econometric modeling
SAS/SQL/Oracle/Unix proficiency
Nice-to-have
Business stakeholders communication
Model validation and governance
Unsecured or secured product dynamics
Key Requirements
4+ years quantitative analysis experience
Advanced Degree in quantitative discipline
Experience with consumer credit risk stress losses
Experience with econometric modeling-driven stress loss process