A leading consumer lending organization is seeking a VP Credit Risk Modeling, which will be a seasoned quantitative risk professional with hands-on modeling experience in both a development and validation capacity. The VP Credit Risk Modeling will assume responsibility for the continued enhancement of the bank's Model Risk Management program through an effective challenge, review, and oversight.
The VP Credit Risk Modeling will be responsible forโฆ
- Assume responsibility for the development efforts of the bank's Credit Risk models
- Act as an advisory figure for business lines, relaying validation findings and helping to achieve strategic organizational goals
- Take ownership of the identification and quantification of model risk for the relative model being validated
- Partner with key stakeholder and develop key relationships with working groups such as model owners, users, and business leaders to ensure effective coverage for the MRM program
- Managing a team and act as a leader to the organization by being involved in senior-level meetings, mentoring junior members of the group, and acting as a subject matter expert to other areas of the business.
The VP Credit Risk Modeling should have the following qualificationsโฆ
- Masters or Ph.D. in Mathematics, Economics, Statistics or similar Quantitative Discipline
- Extensive experience with Model Validation or Development
- Advanced understanding of languages such as R, Python, SAS, SQL, C++ and Matlab
- Experience with Machine Learning Algorithms
- Experience from a consumer lending or similar banking institution
- Has worked on consumer portfolios (credit card, auto, mortgage, etc.)
- 10+ years of experience in an analytical or strategic role with experience managing an analytical team/having direct reports
- Ability to manage large teams and projects
- Strong written and oral communication skills with an ability to influence others
- Strong understanding of risk management principles across the entire credit lifecycle
- Strong analytical/technical skillset
