Kansas Action for Children, Inc
Credit Analytics Quantitative Model Developer
Kansas Action for Children, Inc, Billings Metropolitan Area, Montana, United States,
At First Interstate BancSystem in Shawnee, Kansas, United States.Job Description
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position can be located at any of First Interstate Bank's offices in Arizona, Idaho, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota, and Wyoming.What's Important to YouWe know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.Generous Paid Time Off (PTO) in addition to paid federal holidays.Student debt employer repayment program.401(k) retirement plan with a 6% match.The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it.We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.SUMMARYThe Bank seeks an experienced Quantitative Model Developer, proficient in SQL and R, to join the Portfolio Strategy & Analytics team within Finance. The ideal candidate will have experience in advanced statistical modeling, ideally with a variety of credit portfolios, and will be responsible for both the development and operation of credit risk models including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and Expected Credit Loss (ECL).The various models and methodologies will support a range of risk management applications including, but not limited to, stress testing, capital planning, the Allowance for Loan and Lease Losses (both for the existing ALLL and in alignment with the pending Current Expected Credit Loss standard, or CECL) and portfolio valuations. The Modeler will be considered an expert resource in credit risk modeling, working closely with team members and other stakeholders such as business units and risk management, external auditors and regulatory agencies.ESSENTIAL DUTIES & RESPONSIBILITIESThe individual is expected to provide quantitative support to the Bank's efforts to manage credit risk in portfolios covering a range of asset classes, and ensure that the PD, LGD, valuation and ECL models comply with all applicable regulations. For existing or third-party models, core competency involves understanding the purpose of the models, how they work, how they are used, how well they perform, and what effective challenges are to the current models. Specific duties include:
Manage large and complex credit data sets using statistical tools and database technologies.Work independently to design, build and maintain internal and external statistical models to quantify the value of credit risk parameters.Conduct macroeconomic forecasting, perform credit risk forecasting, and incorporate macroeconomic variables in credit risk models.Perform model calibration, back-testing, sensitivity testing, and stress testing of statistical models.Present results to various groups of stakeholders, including senior management.Deliver high quality documentation and presentations to support and maintain model and library use.Work with the data governance team to document business requirements, and with information technology to ensure methodologies are accurately implemented in production systems.Complete ad hoc projects as required.QUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EDUCATION and/or EXPERIENCEAdvanced degree in statistics, mathematics, physics, economics or other quantitative field and a minimum of four to five years of experience in statistical and econometric modeling, including at least two in a financial institution/commercial bank environment, or Bachelor's degree in a quantitative field, and five to eight years of experience in statistical modeling within commercial banks or financial institutions.OTHER SKILLS & REQUIREMENTSGood business knowledge and familiarity with commercial/small business/retail... For full info follow application link.Our company is an equal opportunity employer. Employment here is based solely upon an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws.
#J-18808-Ljbffr
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position can be located at any of First Interstate Bank's offices in Arizona, Idaho, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota, and Wyoming.What's Important to YouWe know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.Generous Paid Time Off (PTO) in addition to paid federal holidays.Student debt employer repayment program.401(k) retirement plan with a 6% match.The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it.We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.SUMMARYThe Bank seeks an experienced Quantitative Model Developer, proficient in SQL and R, to join the Portfolio Strategy & Analytics team within Finance. The ideal candidate will have experience in advanced statistical modeling, ideally with a variety of credit portfolios, and will be responsible for both the development and operation of credit risk models including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and Expected Credit Loss (ECL).The various models and methodologies will support a range of risk management applications including, but not limited to, stress testing, capital planning, the Allowance for Loan and Lease Losses (both for the existing ALLL and in alignment with the pending Current Expected Credit Loss standard, or CECL) and portfolio valuations. The Modeler will be considered an expert resource in credit risk modeling, working closely with team members and other stakeholders such as business units and risk management, external auditors and regulatory agencies.ESSENTIAL DUTIES & RESPONSIBILITIESThe individual is expected to provide quantitative support to the Bank's efforts to manage credit risk in portfolios covering a range of asset classes, and ensure that the PD, LGD, valuation and ECL models comply with all applicable regulations. For existing or third-party models, core competency involves understanding the purpose of the models, how they work, how they are used, how well they perform, and what effective challenges are to the current models. Specific duties include:
Manage large and complex credit data sets using statistical tools and database technologies.Work independently to design, build and maintain internal and external statistical models to quantify the value of credit risk parameters.Conduct macroeconomic forecasting, perform credit risk forecasting, and incorporate macroeconomic variables in credit risk models.Perform model calibration, back-testing, sensitivity testing, and stress testing of statistical models.Present results to various groups of stakeholders, including senior management.Deliver high quality documentation and presentations to support and maintain model and library use.Work with the data governance team to document business requirements, and with information technology to ensure methodologies are accurately implemented in production systems.Complete ad hoc projects as required.QUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EDUCATION and/or EXPERIENCEAdvanced degree in statistics, mathematics, physics, economics or other quantitative field and a minimum of four to five years of experience in statistical and econometric modeling, including at least two in a financial institution/commercial bank environment, or Bachelor's degree in a quantitative field, and five to eight years of experience in statistical modeling within commercial banks or financial institutions.OTHER SKILLS & REQUIREMENTSGood business knowledge and familiarity with commercial/small business/retail... For full info follow application link.Our company is an equal opportunity employer. Employment here is based solely upon an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws.
#J-18808-Ljbffr