Strategic Risk Modeler for Financial Services

7 days ago


Pittsburgh, Pennsylvania, United States Prequel Solutions Full time

We are seeking a highly skilled Risk Modeling Analyst to join our team at Prequel Solutions in Pittsburgh, PA.

About the Role

This 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.
Qualifications:
  • 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.
Compensation and Benefits:
  • $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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