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Job

VP Financial Risk Management

  • Location

    Southern California

  • Sector:

    Financial Services and Banking

  • Job type:

    Permanent

  • Salary:

    130k - 150K

  • Contact:

    Shawn Christopher

  • Contact email:

    s.christopher@hamlynwilliams.com

  • Salary high:

    0

  • Salary low:

    0

  • Published:

    6 months ago

  • Expiry date:

    2023-04-30

  • Startdate:

    ASAP

**MUST BE A CITIZEN OR GREENCARD HOLDER**

 

The VP, Financial Risk Management works on various assignments that relate to CECL and stress testing. This position is primarily responsible for CECL and stress testing model development on our CRE and C&I portfolio, model documentation and ongoing monitoring, CECL implementation, working with model validation and ad hoc quantitative analyses. The incumbent should have deep knowledge of Probability of Default (PD), Loss Given Default (LGD), Prepayment and Exposure at Default (EAD) models, and have excellent SAS programing skill. Experience in model development at midsize bank with limited default data is a big plus. POSSIBLY REMOTE IF CANDIDATE IS OUTSTANDING, but preferred to relocate into Irvine, CA area.

 

SALARY RANGE ($130,000-$150,000)

 

PERCENT OF YOUR JOB RESPONSIBILITIES ARE WEIGHTED IN % AS FOLLOWED:

70%

-  Develop CECL model, including PD/LGD/Prepay/EAD

-  Document CECL models

-  Work with model validators/auditors 

-  Utilize historical data to support the reasonableness of CECL assumption and projections

-  Implement and execute CECL models to calculate the CECL allowance

-  Maintain CECL models on an ongoing basis through model performance monitoring

-  Debug unexpected results using SAS

-  Proceed data debug, cleaning and transformation

-  Conduct attribution analysis and sensitivity analysis

20%

-  Develop stress testing models, including PD/LGD/Prepay/EAD

-  Develop stress testing framework and processes

10%

-   Ad hoc analysis or model development to support business decision

-   Provide automation support to accounting reports

 

QUALIFICATIONS:

  • Advanced degree in economics, statistics, finance, mathematics, or related quantitative major, etc.; Ph.D. is a plus
  • 6+ years of experience in model development and data and financial analytics, preferably in a banking environment
  • Strong analytical and organizational skills, attention to detail, and ability to work under tight deadlines
  • Strong oral and written communication skills
  • Advance skills in SAS, Excel, and Microsoft Word