Banking Credit Risk Professional

3 weeks ago


New York, New York, United States Michael Page Full time

About the Job: We are seeking a seasoned Banking Credit Risk Professional to join our client's team in Midtown.

Job Responsibilities: As a VP Model Development Officer, you will be responsible for developing, calibrating, and managing credit risk models, including internalizing vendor project support.

You will work closely with various stakeholders to ensure the successful implementation of these models, providing recommendations for enhancements and monitoring their performance.

Your role will also involve assessing internal and external practices, including rating agency reports, industry peers, and local regulatory requirements, to ensure adherence to best practices and regulatory standards.

As a key member of the team, you will hold accountability for risk management duties, identifying, acting on, and escalating risks as necessary.

You will demonstrate risk awareness by adhering to all policies, procedures, and internal controls in daily activities.

Skills and Qualifications: To be considered for this role, you should have a Master's degree or higher in finance, financial engineering, mathematics, or related fields.

With a minimum of 6 years of experience in areas such as wholesale credit model development, validation, or credit rating at a rating agency, you should have a strong understanding of banking credit principles.

Professional certifications (e.g., CPA, CFA, FRM) are advantageous. You should be proficient in Excel, Word, and PowerPoint, and skilled in Python, SAS, and VBA.

What's Next: If you are interested in this exciting opportunity, please contact us to discuss further.

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