The Director of Risk Modeling will lead the strategy, development, and execution of risk modeling initiatives. Key responsibilities include building and implementing risk models, leveraging advanced analytics, ensuring regulatory compliance, and monitoring model performance.
location: Wilmington, Delaware
job type: Permanent
salary: $190,000 - 210,000 per year
work hours: 9 to 5
education: Master's Degree
experience: 7 Years
responsibilities:
Key Responsibilities:
- Support the Credit Risk team by designing and enhancing risk models and delivering data-driven insights.
- Develop models for underwriting, pricing, collections, and recovery processes.
- Prepare documentation for models, ensuring compliance with legal and regulatory standards.
- Oversee external collaborations on risk model development.
- Track model performance, conduct validation tests, and generate reports on effectiveness.
qualifications:
Required Skills & Experience:
- Master's or Ph.D. in a quantitative field such as Computer Science, Statistics, or Economics.
- At least 7 years of experience in risk modeling.
- Hands-on expertise in developing machine learning models.
- Proficiency in Python and familiarity with key libraries like NumPy, Pandas, and Matplotlib.
- Background in financial services, preferably in consumer lending.
skills: SQL
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including health, an incentive and recognition program, and 401K contribution (all benefits are based on eligibility).
This posting is open for thirty (30) days.
