Strategic Risk Modeler for Financial Services
7 days ago
We are seeking a highly skilled Risk Modeling Analyst to join our team at Prequel Solutions in Pittsburgh, PA.
About the RoleThis full-time position focuses on maintaining and improving analytical systems that drive market risk measurement and reporting. Responsibilities include integrating and testing third-party prepayment and default models, structuring deals using libraries like Intex, and applying term structure models and other behavioral assumptions.
Key Responsibilities:- Design and Implement Operational Workflows
- Lead the testing and implementation of new valuation and simulation models.
- Identify and address modeling challenges in response to market conditions and business strategies.
- Perform back-testing, benchmarking, and sensitivity analysis of key model assumptions.
- Communicate complex valuation and modeling concepts to stakeholders at different levels.
- Assist with risk measurement and reporting on valuation and earnings sensitivity.
- Mentor and train junior analysts in the use of market risk models.
- Bachelor's degree in mathematics, finance, economics, or related fields (Master's preferred).
- 5-7 years of experience in Market Risk Management, Collateral Valuation, or ALM.
- Familiarity with fixed income, derivatives, prepay and default models, and mortgage analytics.
- Strong programming skills in VBA, MATLAB, SAS, Python, or SQL.
- Experience with PolyPaths, QRM, Empyrean, Bloomberg Terminal, and other risk platforms.
- Financial Services/Banking experience.
- $130k-$140k base salary + bonus for 7+ years of experience.
- Work Schedule: 3 days in-office, 2 days work-from-home.
- Open to H1B transfers.
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