Office Status: Hybrid
Salary: $143,000 to $185,000
Responsibilities:
Create risk models leveraging existing bureau, commercial and consumer data, structured and unstructured data, and using statistical, financial, BI and AI techniques.
Based on model results establish thresholds, at-risk levels, and exposure limits by product and business.
Prepare periodic reporting to analyze outcomes and tune models.
Create and monitor position reporting to measure risk across units and as an entity.
Assist in rebalancing positions to optimize risk / reward. Create measure and monitor potential loss across different types of risks (credit, market, liquidity, operational) and sub-components of those risks (concentration, company / industry / sovereign default probabilities, yield, convexity, duration, and FX, etc.).
Work with business unit to optimize risk / return, remediate and avoid exceptions, and identify root causes of non-compliance and variances to expected performance.
Evaluate new products and customer classes to ensure adherence to thresholds, at risk levels and exposure limits.
Conduct analysis to provide management and assessment of risk and business insights.
