Risk Modeling Specialist

2 weeks ago


Richardson, Texas, United States The Ladders Full time
Position Overview

We are seeking a risk modeling expert to lead client-focused initiatives in the development of quantitative models. This role encompasses the complete lifecycle of model creation, including initial development, re-evaluation, calibration, and assessment of models pertinent to risk and regulatory compliance.

Key Responsibilities
  • Utilize industry-leading practices and methodologies in risk modeling, such as linear and logistic regression, time series analysis, Markov chains, survival analysis, and machine learning techniques.
  • Collaborate with prominent banking clients to address diverse model development requirements in a dynamic environment, applying critical thinking and advanced modeling expertise.
  • Engage in hands-on development, re-calibration, and validation of risk and regulatory models, including credit scoring systems, Basel IRB models (PD, LGD, EAD), stress testing frameworks, and IFRS 9/CECL models.
  • Provide strategic guidance and mentorship to a team of risk modelers and validators.
  • Create and deliver presentations for senior client management, effectively communicating complex modeling concepts.
  • Conduct data analysis to inform modeling strategies and decisions.
  • Lead the formulation of model methodologies, algorithms, and diagnostic tools to evaluate model robustness, sensitivity, and stability.
  • Document and present model techniques and variable interpretations to client stakeholders.
  • Ensure the quality of source and forecast data, along with managing changes effectively.
  • Oversee the entire model development process, ensuring compliance with regulatory standards and supporting validation and implementation efforts.
  • Contribute to the creation of comprehensive technical documentation for distribution to senior management, model developers, auditors, and regulatory bodies.
  • Incorporate industry best practices and consultative insights to enhance the value delivered to client engagements in advanced risk analytics.


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