Model Validation- Risk & Economic Capital recruitment
Leading financial firm is seeking an Associate level Model Validation analyst to join Washington DC based team. You will be instrumental in the validation of loss forecasting and Basel-related models used to measure risk of a wide arrange of financial assets, as well as calculating regulatory and economic capital.
Responsibilities include:
contributing to a team in charge of validating Basel-related and/or loss forecasting models for commercial banking products.
conducting research and data analysis using advanced statistical, financial and economic concepts and software programs.
Requirements for consideration include:
Completion of a Master`s degree in a quantitative field: Economics, Finance, Statistics, Mathematics, or Physics
A strong understanding of applied statistical techniques: linear and non-linear regression, time series forecasting, panel data analysis, and optimization.
At least a couple of years experience with economic forecasting, PD/LGD estimation techniques or economic capital calculations, plus 2 years hands-on experience in SAS, R, or Matlab.
At least 3+ years of experience in financial services company
Knowledge and working experience with US Basel requirements.
Strong hands on coding experience in C++, C# or Java.