Credit Risk Model Validation Analyst

What role you will play in team: You will ensure that our credit risk models are accurate, reliable, and compliant with regulations.

What you will do: You will validate models used to assess loan applications, performing thorough reviews of model development and performance.

Key responsibility:

• Perform independent validation of credit risk models.
• Review model development methodologies and assumptions.
• Assess model performance and identify areas for improvement.
• Prepare validation reports and present findings to senior management.
• Maintain documentation of validation processes and results.
• Stay current with industry best practices and regulatory requirements for model validation.

Required Qualification and Skills:

• Master's degree in a quantitative field (e.g., statistics, mathematics, finance).
• 2+ years of experience in credit risk model validation or related field.
• Strong understanding of statistical modeling techniques.
• Proficiency in programming languages such as SAS or R.
• Excellent analytical and problem-solving skills.
• Excellent written and verbal communication skills.

Benefits Included:

• Competitive salary and benefits.
• Opportunities for professional growth.
• Collaborative work environment.
• Health insurance, retirement plan, paid time off.
• Professional development opportunities.

A Day in the Life: You will analyze data, review models, and write reports to ensure the accuracy and reliability of our credit risk models. You will also collaborate with model developers and senior management.