One of our leading international banking clients is looking to make a key hire on their credit risk analytics team. The right candidate should have a strong foundation in wholesale credit, loss forecasting, modeling for the CECL standard, and strong quantitative finance/analytical skills. This is a highly visible role in a rapidly growing organization.
Job Responsibilities:
- Lead execution of the quarterly CECL process through PD, LGD, and EAD modeling as well as presentation of results to both internal and external stakeholders
- Leverages both internal and third-party data in order to develop complex and statistically aligned analytical results, informing the firm's expected credit losses
- Drive ongoing improvement/optimization of loss forecasting process through close monitoring of economic variables, performance trends, and process automation
Key Requirements:
- Bachelor's degree (Advanced degree preferred) in a quantitative field such as statistics, mathematics, finance, or economics
- 4+ years experience in a CECL/Loss forecasting role within commercial banking
- Experience in C&I or CRE
- Exposure to various loss forecasting models and requirements, such as PD/LGD/EAD and the entire CECL process
