Credit Model Development & Data Science Analytics
Direct Client Requirement!
Description:
Job title: Credit Model Development & Data Science Analytics
Location: Any US; Prefer EST/CST working hours.
Duration: 6 months; with possible extensions
Remote Role
MUST HAVE: Detailed-oriented, high level of intellectual curiosity and strong sense of ownership. Experience in developing statistical loss forecasting models, PD/ EAD modeling desired
Essential Responsibilities:
• Develop, implement, and maintain an integrated loss forecasting and capital modeling suite that supports overall alignment between baseline and stressed scenarios, as well as capital planning initiatives using PySpark/Python/SAS or other programming language and big data
• Support the development of balance and revenue forecasting models, encompassing data, statistics, modeling and business acumen
• Extract and analyse client level data using structured and/or unstructured data across several data warehouses to generate actionable insights and inputs to model development
• Analyse data to identify patterns and trends across sales/payment/delinquency behaviour
• Adapt automation and develop alternative predictive methodologies (Machine Learning) and/or cloud initiatives (AWS) to current and future models to enhance functionality
• Plan and execute self-driven analytics using next generation technologies, prepare analysis and reports to support discussions on key analytics and model aspects to drive decision making
• Manipulate large data sets and use them to identify trends and reach meaningful conclusions to inform strategic business decisions
• Develop attribution analysis and synthesize results to evaluate the applicability of existing models for cross-functional use, identify gaps and develop solutions to reduce process redundancies
• Familiarity with Model Governance trends/developments across the banking sector, especially as related to credit card or consumer lending (SR11-7)
• Strong communication skills to facilitate complex discussions in productive and collaborative manner
• Develop alternative predictive methodologies/ tools to better identify credit dynamics in portfolio performance
Qualifications/Requirements:
• Bachelors or master's in mathematics/Statistics, Computer Science, Economics, Finance or other quantitative discipline; or in lieu of a degree 5+ years’ experience in Risk, Finance, Consumer Lending
• 3+ years of experience in Consumer Lending statistical modeling/analytics, preferably related to CECL and/or Loss Forecasting modeling for credit cards
• 2+ years in coding with Python, PySpark or other equivalent language within the past 5 years
• Detailed-oriented, high level of intellectual curiosity and strong sense of ownership
• Good business acumen and the ability to connect data with business decisions
• Experience in developing statistical loss forecasting models, PD/ EAD modeling desired
Best Regards,
Peter Duan (Abhay)
Resource Manager
SoftSages Technology || WBENC, MBE
20 Mystic Lane, 2nd Floor, Malvern, PA 19355
O: (484)-321-8314 X 120| D: 484-320-3366
Website|Peter@softsages.com|LinkedIn
