Developing and implementing quantitative models to support lending portfolio products and managing credit risk at Fifth Third Bank
Requirements
- Advanced degree in quantitative analytics, economics, finance, statistics, mathematics, engineering, or a related area (PhD preferred)
- Experience with programming languages commonly used for quantitative modeling, such as SAS, R, Python or Matlab
- Database experience using SQL-based databases
- Cloud-based or data-warehouse-as-a-service experience preferred
- Experience with machine-learning and artificial intelligence approaches is preferred
- A working understanding of CCAR, CECL and Basel III frameworks is a plus
Responsibilities
- Develop, implement, and monitor quantitative models including those used for expected credit loss estimation
- Provide ongoing support for the development, implementation and validation of quantitative and statistical models and tools
- Provide ad-hoc reporting requests for quantitative modeling Stress Testing, and the CECL Allowance for Credit Losses estimation
- Develop, select and implement quantitative models related to credit risk to support various lending portfolio products
- Monitor and report on credit risk models
- Back test models to support respective LOBs
Other
- Ability to present a professional image
- Ability to work in a team environment, to multi-task and be flexible
- Strong analytical, verbal and written communication skills
- Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary
- Ability to refer more complex problems to supervisors or other experts
