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VP, Credit Modeling Specialist

  • New York, NY
  • Full Time

Apply for the VP, Credit Modeling Specialist position

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Office Status: On-Site
Salary: $140,000 to $160,000

Responsibilities:

  • Actively participate in credit risk model development, calibration, management and internalization of vendor project support.
  • Conduct ongoing monitoring of model performance, and provide management suggestions on model enhancement.
  • Liaise with all concerned parties, e.g. Head Office, business line, external consultants and regulators.
  • Evaluate internal and external practices, including rating agency write-ups, industry peers and local regulatory requirements, to ensure the “best practice” processes and adhere to regulatory requirements.
  • Act as risk managers with the responsibility for identifying, acting on andescalating risks and are held strictly accountable for the failure to discharge their risk management duties
  • Be responsible for demonstrating risk awareness by following all policies, procedures, and internal control in their daily routine
  • Execute due diligence tasks for related vendors as required by the Branch Vendor Management program (Vendor Manager)