Credit Modeling Quant – PD/LGD Modeling – Wholesale Products – Credit Modeling – Risk Management and Quantitative Analytics – Tier 1 Investment Banking – North East, United States recruitment
JOB DESCRIPTION
This leading investment bank is seeking a senior team lead to manage a group of 8-10 quantitative analysts from Associate to VP level, specifically surrounding Probability of Default (PD) and Loss Given Default (LGD) models. IN ADDITION, there are multiple mid-level roles available within the same team. This job requires active design and delivery of various credit models. This role involves an analytical/quantitative mindset with the necessary leadership qualities to lead a new and growing team for this Investment Bank.
Location: North East, United States
The role:
• Provide a thorough understanding of PD/LGD Modeling, being the “go-to” person within the bank.
• Identify, design, and evaluate credit solutions.
• Conduct risk analysis on original and non-routine business problems in effective manner.
• Manage multiple projects while leading a team of junior/mid-level analysts – taking on responsibility of direct project under his/her management.
• Conduct senior management sessions to demonstrate how to better manage the group’s risk.
• Work with some of the best quantitative credit risk, model validation and research groups in the business, and have the chance to improve on those skills.
• Work collaboratively with the front office – 360 degree of credit modeling exposure.
• Apply one’s knowledge of Basel and wholesale credit.
Requirements:
• 5+ Years of Credit risk knowledge
- Experience with Loss Given Default (LGD) and Probability of Default (PD) modeling.
• Master/PhD in a quantitative subject preferred – econometrics and stats background is a plus.
- Having led a team in the past is a plus
- Strong written communications skills is required
• Strong presentation skills in analytical and business development environment as well as excellent interpersonal communications skills are required
Key words: Credit Risk, Quantitative Risk, Risk Analystics, Basel, PD, LGD, Probability of Default, Loss Given Default, Commercial Credit, Wholesale Credit Models, Model Validation, Model Comparison, Model Creation, Model Development, Team Head, New York, Boston, Connecticut
This is an immediate hire, interviews are to begin soon and early application is advised. GQR also welcomes tentative enquiries from suitably qualified individuals.
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While a resume is preferable we also welcome tentative enquiries from well-qualified persons. To speak with an agent please contact one of our regional offices using the contact details listed below. Utmost confidentiality and discretion is assured.
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