Senior Manager, Credit Model Development - Commercial Scorecard Development & Maintenance (Hybrid - see description for potential locations)
Core
Leading the strategic design, development, implementation, governance, and maintenance of the Bank's Commercial Risk Rating and Scorecard Models for credit risk management and regulatory compliance.
Role type
Senior Manager, Commercial Credit Risk Modeling
Builds
Commercial PD, LGD, and EAD credit underwriting models and risk rating scorecards
Domain
Banking / Credit Risk / Quantitative Modeling
Deliverable
production ML models
Required skills
Commercial credit underwriting, Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), logistic regression, decision trees, multivariate analysis, Python, R, SAS, SQL, Git, cloud computing, model governance (SR11-7, SR26-2, OCC 11-12), structured finance analysis
Preferred skills
None explicitly stated
Technologies
Python, R, SAS, SQL, Git, cloud computing platforms
Responsibilities
Oversee development of commercial PD and LGD models; Develop algorithms for model performance testing; Adapt automation and machine learning techniques; Develop credit ratings for structured finance transactions; Guide model redevelopment based on market/regulatory changes; Partner with technology teams for platform integration; Communicate model benefits and limitations to executive management; Build and manage a team of modelers and quantitative analysts; Execute ad hoc analysis projects.
Seniority
Senior, hands-on IC with management responsibilities
