Project Manager, Loss Forecasting Job in Chicago, Illinois Us
Keywords: Risk Management, Credit Risk, Portfolio Management, SAS, Loss Forecasting Consumer Lending,
Position Description:
Project Manager, Loss Forecasting with SAS and statistical analysis proficiency responsible for developing forecasting models and frameworks for loss/delinquency of installment loan portfolios, specifically in student loans, sought by Chicago area financial services company. Responsibilities:
- Establish and maintain an in-depth understanding of loss forecasting procedures including the dynamics of credit losses and the impact from internal/external environment for overall portfolio.
- Research and seek opportunities to enhance current loss forecasting models in installment loans (Student and Personal Loans) including exploring new methodologies and external data.
- Proactively identify portfolio and macro economic trends that may impact performance of student loan portfolios.
- Monitor and track forecasts for accuracy of prediction and make adjustments as required.
- Strive for continuous improvement in the efficiency of current loss forecasting processes through automations and/or streamlining the work flows.
Requirements:
- Master's degree in economics, finance, statistics, engineering or related quantitative field.
- Two or more years of industry work experience from Fortune 500 banking or similar financial services corporations in portfolio analytics and/or loss forecasting of installment loans preferably in student loans.
- Background in time series analysis, statistical modeling (Auto regression, ARIMA etc) and portfolio analytics within Financial Services or related industries.
- Proficiency in SAS and MS Excel. Experience in other statistical software and tools are a plus.
- Demonstrated project management skills, including ability to prioritize, meet deadlines and follow through on completion of high-profile projects.
Salary: $75 - $90K+
Refer to Job# 18900-Monster and email MS Word attached resume to Howard Fishman, howard@analyticrecruiting.com or register online at www.analyticrecruiting.com choosing Howard Fishman as your recruiter contact.
August 14, 2009
• Tags: Illinois Us, Loss Forecasting Job in Chicago, Project Manager • Posted in: General