Senior Quantitative Analyst CECL & Credit Risk Modeling

The role offers meaningful end-to-end model ownership from data assembly and quantitative analysis through model documentation, validation challenge, and stakeholder communication making it an ideal fit for a quantitatively strong analyst who combines solid credit risk modeling expertise with strong programming skills and a collaborative, intellectually curious approach to problem-solving. This Senior Quantitative Analyst opportunity sits within the Model and Allowance Analysis team of a well-established commercial bank, focused on the development, implementation, and ongoing monitoring of credit risk models supporting CECL and stress testing frameworks.

Title: Senior Quantitative Analyst CECL & Credit Risk Modeling

Office Status: Hybrid New York, NY

Base Salary: $125k $165k + Bonus

ABOUT THE ROLE

This Senior Quantitative Analyst opportunity sits within the Model and Allowance Analysis team of a well-established commercial bank, focused on the development, implementation, and ongoing monitoring of credit risk models supporting CECL and stress testing frameworks. The role offers meaningful end-to-end model ownership from data assembly and quantitative analysis through model documentation, validation challenge, and stakeholder communication making it an ideal fit for a quantitatively strong analyst who combines solid credit risk modeling expertise with strong programming skills and a collaborative, intellectually curious approach to problem-solving.

RESPONSIBILITIES

• Participate in the full lifecycle development and implementation of credit risk models for CECL purposes including development, testing, documentation, implementation, monitoring, and stakeholder communication
• Assemble, compile, and analyze data from source systems;identify and resolve data errors and inconsistencies
• Conduct quantitative analysis across key business areas and specific model types including credit risk, financial risk, and stress testing applications
• Perform independent research to effectively challenge model conceptual soundness, underlying assumptions, and appropriateness of methodology
• Collaborate with business groups to ensure quantitative models address business concerns and operational requirements
• Provide clear written and verbal communication of research findings and analytical results to internal and external stakeholders
• Support ad hoc data analyses and other quantitative projects as assigned