Senior Risk Modeler

4 weeks ago


New York, United States NavitsPartners Full time
Job DescriptionJob Description

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:

  1. 7-10 years of experience in BFS (Banking, Financial Services) analytics, with at least 5+ years specifically in Risk and PPNR Modeling.
  2. Demonstrated experience working on CCAR PPNR models is highly preferred.
  3. 5+ years of hands-on experience in model development and validation, utilizing various statistical techniques, including time series approaches.
  4. Comprehensive knowledge of the global regulatory landscape, including CCAR/DFAST, PPNR, IFRS9, and CECL.
  5. Strong client management, communication, and presentation skills—both written and verbal—with the ability to effectively network, negotiate, and influence.
  6. A self-driven, proactive individual with a “can-do” attitude, capable of working under ambiguity with minimal supervision.
  7. Experience in project management.
  8. 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.


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