Credit Risk Modeler, Vice President

State Street

New Jersey, US
Base: $125,000 - $215,000 annual; bonus/equity: no...
Hybrid
Credit risk modeling for wholesale portfolio
Strong programming skills in python/r/sas
Model development and analytical library experience
The team you will be joining plays an important role in the overall success of the organization by helping institutional investors manage risk and drive performance

Job Summary

  • The team you will be joining plays an important role in the overall success of the organization by helping institutional investors manage risk and drive performance.
  • As Credit Risk Modeler, you will lead a quantitative modeling team, develop and enhance credit risk models, and work closely with governance and regulatory functions to ensure appropriate controls.
  • Employees are eligible for a comprehensive benefits program including retirement savings plan with company match, insurance coverage, paid time off, employee assistance programs, and performance-based awards.

Matching Summary

The team you will be joining plays an important role in the overall success of the organization by helping institutional investors manage risk and drive performance.

Salary

Base: $125,000 - $215,000 Annual; Bonus/Equity: Not specified; Benefits: Comprehensive benefits including 401K match, insurance, paid time off, and incentive compensation

Skills & Requirements

Must-have

  • Credit risk modeling for wholesale portfolio
  • Strong programming skills in Python/R/SAS
  • Model development and analytical library experience
  • Team leadership and management
  • Regulatory credit risk model compliance
  • Quantitative modeling and analytics

Nice-to-have

  • Energetic and motivational leadership
  • Strong organizational skills
  • Confident and clear communication
  • Ability to work in hybrid environment
  • Collaboration with model governance and audit

Key Requirements

  • Master’s degree in quantitative field
  • Preferably PhD in Economics, Statistics, Mathematics, Finance or equivalent
  • 8+ years experience for MS, 5+ years for PhD
  • Experience developing credit risk models for wholesale portfolios
  • Proven ability to manage junior and senior modelers

Work Rights

Not specified

Tailored Resume

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