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Remote Sr. Quantitative Model Validation Analyst

Post Date

May 02, 2024

Location

New York,
New York

ZIP/Postal Code

10036
US
Jul 17, 2024 Insight Global

Job Type

Contract,Perm Possible

Category

Software Engineering

Req #

NYC-701943

Pay Rate

$62 - $94 (hourly estimate)

Job Description

Responsibilities:
This individual will be responsible for providing quantitative analytic support for Credit Card Product Portfolios (Credit and Debit Card) through marketing campaign development and analysis, Credit Risk monitoring and overall portfolio performance analysis
Review and validate existing financial capital pricing and asset and liability model (ALM) generations
Extract logic out of common applications and explain the mathematics behind them
Deconstruct the mathematical models and translate them into layman's terms for auditors and other non-technical users
Translate complex data from multiple sources, formats and data structure into actionable and tangible strategies
Leverages strong storytelling skills to uncover and communicate trends to all levels of the organization

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.

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Required Skills & Experience

Experience in Python, R and/or SAS Programming for Model Review and Validation
Strong quantitative skills, with an advanced degree in a technical field (Mathematics, Computer Science, Physics, Statistics, Financial Engineering, etc.).
Hands-on experience with time series modeling, forecasting, and regression analysis
5+ years of experience in financial services
Prior experience in model review, model validation, and experience in lending or AML model generations
Strong communication and interpersonal skills to explain complex financial models to non-technical audience

Nice to Have Skills & Experience

PhD in a quantitative filed is a strong plus
Prior experience within a Credit Card Company completing Model Review, Model Validation, AML Model Generations, Capital Planning, Credit Card Lender, Exposure Risk, Loss Expectancy Models
Experience working as part of an audit team, reviewing model development, assumptions, and code

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.