us bankBrooklyn, NY
Quantitative Model Development Analyst - Credit Modeling
Quantitative Model Development Analyst - Credit Modeling
Quantitative Model Development Analyst - Credit Modeling
us bankBrooklyn, NY
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Overview:
As a Model Developer within MDDS, you will design and implement expected loss forecasting models for CRE and Small Business portfolios, ensuring regulatory alignment. You will partner with risk, finance, validation, and audit teams to keep models consistent with policy and BAU processes. You’ll monitor model performance, investigate anomalies, and produce clear technical documents and presentations. This role offers hands-on impact in risk management and regulatory compliance at scale, with opportunities to shape credit risk analytics. Compensation / Benefits Healthcare (medical, dental, vision) Life insurance Disability insurance 401(k) and retirement plan Paid vacation Paid holidays
Responsibilities:
Develop and implement expected loss models for CRE and Small Business portfolios Ensure compliance with CECL, CCAR and other regulatory requirements Maintain alignment with risk management policies through cross-functional collaboration Communicate model functionality and results to stakeholders to support risk management and BAU integration Support model performance monitoring, backtesting, and data development/maintenance Produce comprehensive technical documents and deliver presentations Demonstrate strong programming skills in a production context Support ongoing model validation and audit readiness
Key requirements:
Bachelor in quantitative field + 5+ years of relevant experience OR MA/MS + 3+ years OR PhD with
Also on the board Same function, level within a rung
Level
Senior
Location
Brooklyn, NY
Occupation
Credit Analysts
Industry
Commercial Banking
Posted
today