Job Description

Reference # : 18-05279Title : Sr Quantitative Finance Analyst, Retail Risk
Location : Chicago, IL
Position Type : Direct Placement
Experience Level : Start Date : 06/04/2018
Assignment Detail
Industry:Financial ServicesJob Category:Finance / Accounting
Sr Quantitative Finance Analyst

Grab the opportunity to achieve your full potential! Eclaro is looking for a Sr Quantitative Finance Analyst for our client in Chicago, IL.

Eclaro’s client is one of the world's largest financial institutions, committed to providing the tools and services that bridge the gap between customers and their goals. If you’re up to the challenge, then take a chance at this rewarding opportunity!

Position Overview:
Our client seeks a senior quantitative finance analyst to conduct independent testing and review of complex consumer credit risk models with multiple uses, including CCAR credit loss forecasting and Basel regulatory capital. These are high profile modeling areas in the client, with continual senior management and regulatory focus.

  • Review, critical assessment and challenge of models on conceptual soundness, assumptions and limitations, data, developmental evidence in support of modeling choices, performance, implementation and documentation
  • Development and implementation of effective testing plans and testing code to critically challenge models through empirical analyses and to verify model implementation
  • Review and critical assessment of ongoing model monitoring activities
  • Writing of technical reports for distribution and presentation to model developers, senior management, and audit and banking regulators.
  • Coaching of junior staff members while leading validation projects.
  • PhD or Master's degree in Statistics, Economics, Mathematics, Finance, Engineering, Physics or related field
  • Minimum of 6 years of experience in financial risk modeling or validation field
  • Background and experience with complex, loan-level PD/EAD/LGD models used for stress testing and other credit risk management purposes
  • Experience with retail products including mortgage, credit card and auto loans
  • Expertise in cross-sectional and time-series econometrics
  • Deep understanding and knowledge of model performance measures
  • Extensive programming experience using SAS, R and/or MATLAB
  • Expertise in analyzing and managing large databases
  • Strong knowledge of financial instruments and financial risk management principles
  • Familiarity with applicable regulatory guidance on model risk management, stress testing, and Basel requirements
  • Strong project management skills
  • Ability to communicate clearly and effectively, and influence others
  • Ability to produce high quality technical documentation

Interested in applying?
Contact Adrian Miranda at now.

Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

Apply Online