Risk Modeling Analyst

23 hours ago


Pittsburgh, Pennsylvania, United States Prequel Solutions Full time
Job Title: Risk Modeling Analyst

We are seeking a highly skilled Risk Modeling Analyst to join our team at Prequel Solutions. As a Risk Modeling Analyst, you will play a critical role in maintaining and improving our analytical systems that drive market risk measurement and reporting.

Key Responsibilities:
  • Design and Implement Operational Workflows: Develop and implement operational workflows for valuation and risk models to ensure accurate and efficient risk measurement.
  • Lead Testing and Implementation: Lead the testing and implementation of new valuation and simulation models to ensure they meet our risk management requirements.
  • Modeling Challenges: Identify and address modeling challenges in response to market conditions and business strategies to ensure our risk models remain accurate and effective.
  • Back-Testing and Sensitivity Analysis: Perform back-testing, benchmarking, and sensitivity analysis of key model assumptions to ensure our risk models are robust and reliable.
  • Communication: Communicate complex valuation and modeling concepts to stakeholders at different levels to ensure they understand our risk management approach.
  • Risk Measurement and Reporting: Assist with risk measurement and reporting on valuation and earnings sensitivity to ensure our stakeholders have accurate and timely information.
  • Mentorship: Mentor and train junior analysts in the use of market risk models to ensure they have the skills and knowledge needed to perform their roles effectively.
Qualifications:
  • Education: Bachelor's degree in mathematics, finance, economics, or related fields (Master's preferred).
  • Experience: 5-7 years of experience in Market Risk Management, Collateral Valuation, or ALM.
  • Skills: 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: Financial Services/Banking experience is required.
Work Schedule:

3 days in-office, 2 days work-from-home.

Compensation:
  • Base Salary: 5+ years of experience: $90k-$100k base salary + bonus. 7+ years of experience: $130k-$140k base salary + bonus.
Other:

Open to H1B transfers.


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