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Credit Risk Modeling Specialist
2 months ago
We are seeking a highly skilled Credit Risk Modeling Specialist to join our team at Simmons Bank. As a key member of our risk management team, you will be responsible for developing and implementing statistically driven models to assess credit risk and ensure the bank's financial stability.
Key Responsibilities- Maintain and implement third-party credit risk models, including Moody's RiskCalc and CMM, to ensure accurate risk assessments.
- Develop and manage economic capital models to support Treasury and Profitability organization decision-making.
- Estimate loan behavior assumptions, such as prepayments, defaults, and utilization, to inform credit risk modeling.
- Own and refine the Capital Stress Testing program to ensure compliance with regulatory requirements.
- Ensure all departmental documents and activities are performed in compliance with applicable laws, regulations, policies, and procedures.
- MS/MA degree in economic modeling, financial modeling, applied mathematics, statistics, or related field.
- 8+ years of experience in loan portfolio/credit risk modeling, preferably at a financial institution.
- Experience using Moody's suite of credit risk models and liquidity and capital stress testing models.
- Strong analytical and problem-solving skills, with the ability to communicate complex ideas effectively.
Simmons Bank is committed to providing a dynamic and inclusive work environment that supports the growth and development of our employees. We offer a competitive salary and benefits package, as well as opportunities for professional growth and advancement.
We are an equal employment opportunity employer and welcome applications from diverse candidates. If you are a motivated and experienced professional looking to join a leading financial institution, please submit your application.