Credit Risk Model Developer, Srassc

State Street Corporation

Hangzhou, China
Not specified
Wholesale credit risk modelling
Model performance monitoring
Regulatory compliance (basel, ccar, cecl, ifrs 9, icaap)
State Street Corporation is seeking a Credit Risk Model Developer in Hangzhou, China, to support the development and ongoing monitoring of credit risk models. The role requires expertise in statistical modeling, programming, and regulatory frameworks to ensure compliance with risk assessment practices

Job Summary

  • The Centralized Modeling Analytics & Operations (CMAO) team supports the development, deployment, and monitoring of risk assessment tools and methods for State Street Corporation.
  • This role involves monitoring model performance with opportunities to develop into an independent model developer, focusing on wholesale credit risk modelling.
  • Responsibilities include conducting performance reviews, developing statistical models for probability of default and loss given default, and preparing technical documents for various audiences.

Matching Summary

Match Score: 85

State Street Corporation is seeking a Credit Risk Model Developer in Hangzhou, China, to support the development and ongoing monitoring of credit risk models. The role requires expertise in statistical modeling, programming, and regulatory frameworks to ensure compliance with risk assessment practices.

Skills & Requirements

Must-have

  • wholesale credit risk modelling
  • model performance monitoring
  • regulatory compliance (Basel, CCAR, CECL, IFRS 9, ICAAP)
  • econometric and statistical analysis
  • technical documentation preparation
  • collaboration with business units

Nice-to-have

  • experience in banking sector risk management
  • ability to work independently
  • strong analytical skills

Key Requirements

  • Masters' or PhD in Economics, Statistics, Mathematics, Risk Management, Finance or related field
  • Proficiency in R, Python, SAS, or SQL
  • Excellent written and verbal communication in English
  • Strong preference for experience in credit risk

Work Rights

Not specified

Tailored Resume

Cover Letter