A company is looking for a Quantitative Analyst II specializing in Risk Rating Model Development.
Key Responsibilities
Develop and enhance risk rating models for commercial loans, ensuring accuracy and regulatory compliance
Analyze financial and loan-level data to inform model development and maintain documentation of processes
Collaborate with cross-functional teams and monitor model performance, providing comprehensive reports on outcomes
Required Qualifications
Bachelor's Degree with 4 years of relevant experience or High School Diploma / GED with 8 years of relevant experience
Preferred Master's or Ph.D. in a quantitative field such as Statistics, Mathematics, or Economics
Experience in developing risk rating models for commercial loans in the banking sector
Proficiency in statistical modeling techniques and programming languages like Python
Strong understanding of statistical theory and experience with data mining and feature engineering techniques
Quantitative Analyst • Carson, California, United States