A Global Tier one investment bank is seeking an immediate hire for a Wholesale Credit Risk Quantitative Model Development VP. This is one of the world's leading investment banks which has total assets over $2.5 trillion.
The team primarily works on wholesale PD, LGD, and EAD models but will also focus on things like Commercial and Industrial (C&I) and Commercial Real Estate (CRE) models as well. This opportunity will initially start as a senior member of the team but will be an individual contributor with the opportunity to lead down the line. The right candidate will have multiple years of experience developing a credit or market risk models. The team is looking for someone who is very comfortable with highly mathematical concepts and has experience developing models using Python.
Graduate degree in a Quantitative field
Experience developing models in Python
Multiple years of experience developing or validating models
Knowledge of wholesale credit risk is a plus but not required