Quantitative Modeler

Apex Systems, the nation's second largest IT staffing and technology services firm, has an immediate opening for a 100% Remote Quantitative Modeler.

Quantitative Modeler

100% Remote

6 months contract to hire

Essential Functions

-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, mortgage, and commercial loan.

-Produce analysis and reports to set allowance for loan losses and prepare for CECL implementation.

-Maintaining documentation for key processes and model components across the team with focus on standardization of processes that satisfies model risk management, audit, and regulatory requirements.

-Engage model development teams, model production, and forecasting/model production team/users to develop consistent model implementation and process capabilities.

-Implement vendor developed models for consumer and commercial credit loss or prepayment.

-Conduct analyses to determine root cause and impact and propose solutions to remediate model performance issues.

-Ensure a high degree of data quality and accuracy in all model results and reporting.

-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 satisfies model risk management, audit, and regulatory requirements.

-Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment to develop solutions while balancing multiple priorities.

-Participate in regular interactions with various stakeholders to enhance model implementation processes and translate requirements into integrated forecasting process/tools for effective consumption.

Education and Experience

Prefers some professional experience, would be open to only academic experience for the right person

-Bachelor's degree required, Master's Degree in Mathematics, Statistics, Economics, Engineering, or a related field is preferred.

-Minimum of two (2) years of experience in quantitative modeling development or implementation preferred.

-Working experience in data manipulation and advanced data analysis.

-Applied experience with Logistic Regression, Linear Regression, Survival Analysis, Time Series Analysis, Decision Trees, and Cluster Analysis.

-Proven project management skills.

-Excellent oral and written communication skills required

-Experience with SAS, R and Python and proficiency working with large datasets is required.

-Candidate should have experience in at least one (1) of the following areas, real estate products, auto, credit card, student loan, or commercial loan.

-Excellent communications skills.

-Excellent analytical ability.

-Experience in allowance for loan losses and CECL is preferred.

Required Skills

Basic Qualification :

Additional Skills : 100% Remote Contract to hire

Background Check :Yes

Notes

Selling points for candidate :100% Remote Contract to hire

Project Verification Info

Exclusive to Apex :No

Face to face interview required :No

Candidate must be local :No

Candidate must be authorized to work without sponsorship ::No

Interview times set : :No

Type of project :Assessment/Analysis

Master Job Title :Finance & Accounting

Branch Code :San Antonio