Wholesale Credit Risk Model Overlays Officer - VP
Core
Calculate and apply overlays to wholesale credit risk model outputs to compensate for model limitations and account for idiosyncratic or portfolio-level risks, supporting CECL, CCAR, and internal cost of credit planning processes.
Role type
Senior IC credit risk model overlay officer
Builds
Adjusted credit risk metrics and overlays for wholesale portfolios
Domain
Banking / Wholesale Credit Risk
Deliverable
production ML models
Required skills
Python, credit risk modeling, data analysis, technical documentation, root cause analysis, regulatory reporting
Preferred skills
Wholesale CCAR/Stress Testing, CECL, other programming languages
Technologies
Python, data repositories
Responsibilities
Analyze model output and investigate period-over-period changes against portfolio credit quality; Execute overlay decisions by compiling data references and documenting assumptions; Recommend adjustments for logical fallacies or unsupported assumptions; Prepare executive presentation decks; Facilitate reporting of approved overlays into systems; Perform data analysis and reconciliations to monitor data quality; Support project management for consolidation and automation initiatives.
