Date Posted: 04/02/2025
Hiring Organization: Rose International
Position Number: 480642
Job Title: Quantitative Risk Analyst - Stress Testing and Analytics
Job Location: Irving, TX, USA, 75014
Work Model: Hybrid
Shift: 2 days onsite
Employment Type: Temporary
Estimated Duration (In months): 7
Min Hourly Rate ($): 75.00
Max Hourly Rate ($): 85.00
Must Have Skills/Attributes: Data Analytics, Forecasting, MS Office, Risk Analysis
Job Description
***Only qualified Quantitative Risk Analyst candidates located near the Irving, TX area to be considered due to the position requiring an onsite presence***
Qualifications:
• 5+ years' experience in stress testing (CCAR/DFAST), CECL, or loss forecast model development
• 5+ years' experience with data analytical tools like Python or R
Education:
• Bachelor’s/University degree or equivalent experience, potentially master's degree in economics, Finance, or quantitative majors
Key Responsibilities:
• Execute monthly stress testing exercises to monitor WCR’s risk appetite and identify vulnerable areas
• Cover key process of rapid stress testing, overlays
• Provide analytics support to stress test models in wholesale products, connect the stress testing output to model drivers
Other Responsibilities:
• Build tools & analytical capabilities to support outcome analysis, loss forecasting reports and what if analysis
• Gather and analyze portfolio and macro-economic data to assess potential impact on business performance and integrate the trends to the portfolio loss forecast
• Partner with business units and risk managers to assess data availability and fit for purpose modeling approaches
• Interact with model developers, model risk governance, business risk, internal audit
• Leverage business / product expertise to evaluate and challenge the stress loss assumptions in hypothetical and historical stress scenarios
• Research on 3rd party data, loss history and alternative models to build inventory of benchmarks
• Contribute and refine current model performance monitoring process to interpret model output and identify opportunities for future improvements
• Sound knowledge of C&I and CRE loss forecast modeling analytics, PD/LGD/EAD models, experience in HFS/FVO is preferred
• Demonstrated experience of building analytical tools to support the analysis of loss forecasting results, using tableau, Excel, R shiny or Python
• Excellent quantitative and analytic skills; ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis
• Proficient with MS Office suite, Word/Excel/PowerPoint
• Knowledge on scenario design, sensitivity shocks and risk identification process
• Good interpretations and communications skills to convey complex quantitative methodology in simple terms
**Only those lawfully authorized to work in the designated country associated with the position will be considered. **
**Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements. **
Benefits:
For information and details on employment benefits offered with this position, please visit here. Should you have any questions/concerns, please contact our HR Department via our secure website.
California Pay Equity:
For information and details on pay equity laws in California, please visit the State of California Department of Industrial Relations' website here.
Rose InternationalProvides instruction, leadership and assistance while acting as a guide on non-credited outdoor recreational activities that includes camping, hiking, backpacking, sea kayaking and stand up paddle boarding to primarily UCSF students and staff as well as the general public...
...Description Start your new career today! Join arapidly-growing rail maintenance team, with over 50 years in the industry! RESCAR is... ...railcar repair personnel to fill open positions in our Deer Park, Texas facility. What You'll Do: Inspect, repair and replace...
...Hard working nurses deserve to be rewarded. You give so much time to your patients, your employer should invest in you. Southern Health... ...team at: Location: Bedford County Jail Open Position: LPN Schedule: 3/412hr Day Shift with Alternating Weekends...
...The core mission of the Jr. Paid SocialMedia Buyer is to support our Sr. Paid Social Media... ...you are in the right place! WKND Digital, the fastest growing Direct-To-Consumer Digital... ..., in Sacramento, California Remote positions all around the world Our Culture...
...back home safely. We are seeking a dependable and efficient CDL driver who has the physical and mental stamina to enjoy life as a semi-... ...are a must. Characteristics of a Strong Class A Hazmat/Tanker Truck Driver: Dependable Efficient Organized Detail-...