Director / Senior Manager – Loss Forecasting and Basel II Model Validation recruitment
Responsibilities:
• Manage a team responsible for validating Basel-related and/or loss forecasting models for a large number of retail and commercial portfolios
• Utilize advanced statistical, financial and economic concepts to produce analysis that can be used by management in business decisions such as pricing, risk management and capital allocation
• Organize and execute complex projects and presenting meaningful analysis and commentary to senior management, audit, regulators, and other stakeholders on credit risk models employed under a Basel 2 framework.
• Influence positive change through leadership, sound statistical and quantitative analysis and demonstrated subject matter expertise
• Proactively build strong relationships with internal teams within Senior Management, Treasury, Credit Risk Quantitative Development, Market Risk, Finance and Human Resources,
• Recruitment, mentoring and training junior staff
Requirements:
• 7+ years forecasting or pricing models experience for credit-sensitive assets ( auto loans, credit cards, revolving loans, commercial lending). Must have extensive expertise in Cards
• Strong experience with economic forecasting, PD/LGD estimation techniques or economic capital calculations
• Deep understanding of applied statistical techniques: linear and non-linear regression, time series forecasting, panel data analysis, optimization, data mining and survival analysis
• Current experience gained in a similar position and ability to demonstrate strong familiarity with US Basel Requirements
• Ability to influence positive change at all levels in the organization
• Experience in SAS, R, Matlab or similar software.
• Excellent communication and presentation skills
• Ph.D. degree in a quantitative discipline (e.g., statistics, physics, math)
For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com
Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com
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