Senior Risk Modeler
4 weeks ago
Job Title: Senior Risk Modeler
Location: NYC, NY
Job Summary: We are seeking a seasoned Risk Modeler with extensive experience in the development of CCAR PPNR (Pre-Provision Net Revenue) models, including interest, non-interest, and income and expense models. The ideal candidate will possess a strong statistical background, with significant expertise in time series modeling and a deep understanding of the global regulatory landscape.
Key Responsibilities:
- Develop PPNR models across various banking portfolios for a leading US CCAR bank.
- Engage in all stages of model development, including data preparation, development of component models, developer testing, and preparation of comprehensive model documentation in compliance with regulatory and internal standards.
- Support independent model validation processes by providing necessary information and analyses.
- Present analysis and model results to senior stakeholders within the organization.
- Collaborate closely with cross-functional teams and manage client relationships to ensure successful model development and implementation.
Qualifications:
- 7-10 years of experience in BFS (Banking, Financial Services) analytics, with at least 5+ years specifically in Risk and PPNR Modeling.
- Demonstrated experience working on CCAR PPNR models is highly preferred.
- 5+ years of hands-on experience in model development and validation, utilizing various statistical techniques, including time series approaches.
- Comprehensive knowledge of the global regulatory landscape, including CCAR/DFAST, PPNR, IFRS9, and CECL.
- Strong client management, communication, and presentation skills—both written and verbal—with the ability to effectively network, negotiate, and influence.
- A self-driven, proactive individual with a “can-do” attitude, capable of working under ambiguity with minimal supervision.
- Experience in project management.
- Proficiency in Python and/or R for statistical modeling and analysis.
Preferred Skills:
- Prior experience with CCAR PPNR model development in a leading financial institution.
- Experience in handling large datasets and developing models in a regulatory environment.
- Ability to lead and mentor junior team members.
-
Senior Credit Risk Modeler-Originations
2 months ago
New York, United States Intelletec Limited Full timeWe have partnered with a well established Fintech firm growing their Data Team. This is a great opportunity to interact with senior level decision makers and join a newly created team. Experience with credit bureau data required Individual will be responsible for leading and conducting key analyses and statistical modeling and collaborate with multiple...
-
Risk Governance Model Analyst
2 weeks ago
New York, New York, United States Parallel Consulting Full timePosition: Model Validation AnalystWe are collaborating with the Head of Enterprise Risk Management at a prominent community banking institution.We seek a seasoned Model Validation Analyst who possesses a robust background in independent model assessments within a first line of defense model risk governance framework. This role offers a long-term opportunity...
-
Model Risk Management Lead
2 weeks ago
New York, New York, United States Brandon Consulting Associates, Inc. Full timeJob OverviewThe Model Risk Management Lead plays a pivotal role within the Risk Management division, overseeing the comprehensive Model Risk Management (MRM) Program.Key ResponsibilitiesCore duties encompass:Leadership in Model Risk Program: Directing and supervising all facets of the Model Risk program, including enhancements, execution, and adherence to...
-
New York, New York, United States PNC Financial Services Group Full timePosition Overview At PNC Financial Services Group, our workforce is our most significant asset and competitive edge in the financial sector. We are committed to providing the best experience for our clients and work collaboratively to nurture an inclusive workplace culture where every employee feels valued and empowered to contribute to the organization's...
-
Quantitative Risk Modeling Expert
4 days ago
New York, New York, United States eFinancialCareers Full timeAbout the RoleWe are seeking a highly skilled Quantitative Risk Analyst to join our team at eFinancialCareers. As a key member of our risk management team, you will be responsible for developing and implementing advanced risk models, analyzing complex data sets, and providing strategic recommendations to senior management.Key ResponsibilitiesDesign and...
-
Manager, Model Risk
1 week ago
New York, United States jcw llc Full timePlease read closely the requirements for this role before applying. Thanks! Our client, a bank with office in New York, Chicago, Boston, and Atlanta, is looking to grow a new 3rd-line of defense model risk team, staffing it out with 2nd-line credit risk model validation/model developer quants. There are two Model Risk Audit Manager openings available....
-
Manager, Model Risk
1 week ago
New York, United States JCW Full timePlease read closely the requirements for this role before applying. Thanks!Our client, a bank with office in New York, Chicago, Boston, and Atlanta, is looking to grow a new 3rd-line of defense model risk team, staffing it out with 2nd-line credit risk model validation/model developer quants. There are two Model Risk Audit Manager openings available....
-
Manager, Model Risk
1 week ago
New York, United States JCW Full timePlease read closely the requirements for this role before applying. Thanks!Our client, a bank with office in New York, Chicago, Boston, and Atlanta, is looking to grow a new 3rd-line of defense model risk team, staffing it out with 2nd-line credit risk model validation/model developer quants. There are two Model Risk Audit Manager openings available....
-
Credit Risk Modeler
1 month ago
New York, United States Bayforce Full timeResponsibilities:Lead the research and development of quantitative models for assessing credit risk. This includes models for predicting loan delinquency, defaults, losses, prepayment, and utilization, deposit attrition models, financial instrument valuation methods crucial for capital planning, Allowance for Credit Losses (ACL), and underwriting.Data...
-
Head of Capital Management and Risk Modeling
5 days ago
New York, New York, United States Argo Group Full timeJob DescriptionArgo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness, and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry.Our flexible workplace is continuously evolving to ensure all employees feel:Comfortable bringing their...
-
Manager, Model Risk
1 week ago
new york city, United States JCW Full timePlease read closely the requirements for this role before applying. Thanks!Our client, a bank with office in New York, Chicago, Boston, and Atlanta, is looking to grow a new 3rd-line of defense model risk team, staffing it out with 2nd-line credit risk model validation/model developer quants. There are two Model Risk Audit Manager openings available....
-
Senior Risk Manager, Market Risk
1 week ago
New York, New York, United States Hispanic Technology Executive Council Full timeJob DescriptionJob Title: Senior Risk Manager, Market RiskJob Summary:We are seeking a highly skilled Senior Risk Manager to join our Market Risk team. The successful candidate will be responsible for identifying and evaluating market risks generated by our Global Rates business. This includes working with trading desks, communicating with risk colleagues,...
-
AI and Model Risk Implementation Manager
5 days ago
New York, New York, United States Bloomberg Full timeAbout the RoleBloomberg's Chief Risk Office (CRO) plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address risks inherent in being the world's leading financial news and information company.Our team is made up of talented and hardworking professionals who think creatively and work...
-
New York, United States Selby Jennings Full timePosition: Managing Director/Director - Lead, Risk Modeling and Quantitative Research Location: New York Firm: Hedge Fund/Asset Manager Reports to: Head of Portfolio Risk and Analytics Position Overview: The MD/D Lead, Risk Modeling and Quantitative Research will oversee a team responsible for the day-to-day production and future development of...
-
Senior Vice President of Model Oversight
2 weeks ago
New York, New York, United States Citigroup Inc Full timeAbout the Role:The DART (Data, Analytics, Reporting, and Technology) division within Citi Risk Management plays a crucial role in supporting informed risk decisions and the proactive management of risks across the organization. This includes delivering insightful risk information and analysis to assist risk managers and senior leadership in navigating...
-
Senior Quantitative Risk Analyst
3 months ago
New York, United States The Ladders Full timeSenior Quantitative Risk Analyst - Enterprise RiskThe Role We are seeking an exceptionally talented individual to join our risk team to be a key member focused on investment research and support of senior leadership in making capital allocation and firm risk management decisions. A successful candidate will help to build and maintain analytical models used...
-
Senior Quantitative Risk Analyst
3 months ago
New York, United States Schonfeld Full timeSenior Quantitative Risk Analyst – Enterprise Risk The Role We are seeking an exceptionally talented individual to join our risk team to be a key member focused on investment research and support of senior leadership in making capital allocation and firm risk management decisions. A successful candidate will help to build and maintain analytical models...
-
Senior Risk Management Executive
1 week ago
New York, New York, United States Corporate Risk Solutions (New York) Full timeJob Summary:CORPORATE RISK SOLUTIONS (NEW YORK) is seeking a highly skilled Senior Risk Management Executive to join our team. As a key member of our risk management practice, you will be responsible for providing strategic risk management advice to our clients and driving business growth through innovative risk solutions.Key Responsibilities:Develop and...
-
Senior Quantitative Risk Analyst
2 weeks ago
New York, New York, United States Bank of America Full timeJob Overview: At Bank of America, we are driven by a shared mission to enhance financial well-being through meaningful connections. Our commitment to Responsible Growth shapes our operations and ensures we deliver exceptional value to our clients, colleagues, communities, and shareholders every day. We prioritize creating an inclusive and diverse workplace,...
-
New York, New York, United States M&T Bank Full timePosition Overview: Reporting to the Director of Credit Risk Modeling, this position is responsible for overseeing and directing a quantitative modeling team within the Commercial Credit sector. The primary focus is to address the data, systems, and modeling requirements for Commercial Risk Rating models (such as Scorecards and Behavioral models) that are...