What are the responsibilities and job description for the Sr. Quantitative Loss Forecasting Modeler position at Zachary Piper Solutions?
Piper Companies is seeking a Sr. Quantitative Loss Forecasting Modeler to join one of the nation’s largest premier credit unions. The Sr. Quantitative Loss Forecasting Modeler's primary responsibility will be CECL modeling to analyze credit and prepayment risk, determine the allowance for loan losses, and support financial planning.
Responsibilities of the Sr. Quantitative Loss Forecasting Modeler include :
- Implement models for loan loss allowance, CECL, stress testing, new volume origination, line of credit utilization, and prepayment models for all products, including credit card, personal loan, student loan, auto loan, and commercial loan.
- Maintaining documentation for key processes and model components across the team with a focus on standardization of processes that satisfy model risk management, audit, and regulatory requirements.
- Implement vendor-developed models for consumer and commercial credit loss or prepayment.
- Monitor performance of quantitative models and support independent model validation efforts in accordance with the model risk management policy.
- Establish and document model implementation controls that satisfy model risk management, audit, and regulatory requirements.
Qualifications for the Sr. Quantitative Loss Forecasting Modeler include :
Compensation for the Sr. Quantitative Loss Forecasting Modeler include :
This job opens for applications on 12 / 17 / 24. Applications for this job will be accepted for at least 30 days from the posting date
Salary : $160,000 - $175,000
