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TEKsystems Quant Model Developer (Credit Risk) (100% Remote) in Chicago, Illinois

Top Skills' Details

Quantitative Modeler

Credit Risk Management Team

Tech Stack Needed:

• 5+ years of experience in credit risk, loss forecasting, or financial modeling, preferably in the consumer lending sector.

• Advanced programming skills in Python and SQL is a MUST.

Must have soft skills:

• Master or PhD degree in a quantitative discipline.

• Excellent communication (verbal and written), organizational and interpersonal skills.

Nice to have skills:

• Financial services experience, focused on risk or credit would be preferred

What this team does:

Sits within Credit Risk but focuses on building quant models on all aspects of their business - auto loans, credit, personal loans, etc.

Description:

• Build, maintain and enhance loss forecasting models for client’s consumer lending products, including personal loan, auto loan and credit card.

• Regularly review and update loss forecasts based on changes in borrower behavior, economic conditions, and internal policy changes.

• Provide independent and effective challenge to company’s official CECL loss forecast.

• 1st line modeling - challenging the teams developed CECL loss models

Additional Skills & Qualifications:

• Knowledge of consumer lending products, consumer credit behavior, and risk management strategies.

Pay and Benefits

The pay range for this position is $80.00 - $110.00/hr.

• Medical, dental & vision • Critical Illness, Accident, and Hospital • 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available • Life Insurance (Voluntary Life & AD&D for the employee and dependents) • Short and long-term disability • Health Spending Account (HSA) • Transportation benefits • Employee Assistance Program • Time Off/Leave (PTO, Vacation or Sick Leave)

Workplace Type

This is a fully remote position.

Application Deadline

This position will be accepting applications until Dec 9, 2024.

About TEKsystems:

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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