A large bank is looking for a Modeling/Scoring/Analysis Group Manager. This positions will review, analyze and approve Risk Rating processes submitted by businesses across , including Scorecard models, in terms of consistency with policy, other business and ratings definitions. The ideal candidate will have experience evaluating internal and external practices, including rating agency write-ups, Basel and local regulatory requirements, industry analysis, and internal research, to ensure is using the "best practice" processes that adhere to regulatory requirements; actively participate in other team projects, including DRM and other model development, LGDs, Basel and policy issues.
The Group Manager will interact with Sr. Risk Managers, conduct training and mentor junior team members, evaluate "judgmental" risk ratings to determine if the underlying process is acceptable and anticipate changes to the contents and/or structures of the Memos.
10 years in Credit Risk Analytics or Credit Risk Management required.
MBA, Masters or Ph. D. degree from an accredited university.
CFA designation
Strong knowledge of corporate finance and accounting.
Strong understanding of public agency ratings and process.
Excellent communication skills, both written and verbal.
Ability to work well with Risk and Portfolio Managers critical.
Background in Credit Risk Modeling a plus.
Knowledge of foreign languages a plus.
Managerial experience
All your information will be kept confidential according to EEO guidelines.
Salary Range from $200,000 - $250,000
Job details are sourced from the employer's original posting.
Open job postingAbout the company
This position is located at one of our newest distribution facilities, which is state of the art and includes the latest technology. We are a leading North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with over 1 million product offerings, our inventory management and other supply chain solutions, and deep expertise from more than 70 years of working across industries. Our Goal As a $2.8 billion company with more than 6,500 experienced associates and more than 3,000 suppliers, we work with customers big and small. Our goal is to drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. Our History Founded by Sid Jacobson in 1941, our company continues to build on a rich history of commitment to our customers, our shareholders, our associates and the communities in which we live and work.