Quant Modeler (Credit Risk) (100% Remote)

Allegis Group - Tysons, VA

Full-time - Mid Level

Remote - Tysons, VA

10,001+ employees

Administrative and Support Services

About the position

The Quant Modeler (Credit Risk) position is focused on building, maintaining, and enhancing loss forecasting models for consumer lending products such as personal loans, auto loans, and credit cards. The role involves regular reviews and updates of loss forecasts based on borrower behavior, economic conditions, and internal policy changes, while providing independent challenges to the company's official CECL loss forecast.

Responsibilities

• Build, maintain and enhance loss forecasting models for consumer lending products.
• Regularly review and update loss forecasts based on changes in borrower behavior and economic conditions.
• Provide independent and effective challenge to the company's official CECL loss forecast.
• Challenge the teams developed CECL loss models.

Requirements

• 5+ years of experience in credit risk, loss forecasting, or financial modeling, preferably in the consumer lending sector.
• Advanced programming skills in Python and SQL.
• Master or PhD degree in a quantitative discipline.
• Excellent communication (verbal and written), organizational and interpersonal skills.

Nice-to-haves

• Financial services experience, focused on risk or credit.

Benefits

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)