Quantitative Models Analyst

Description:
Responsible for assisting in the ongoing regulatory requirements related to credit models. These models include (but are not limited to) DFAST, Allowance for Credit Losses (including all component models), and CECL.
Interfaces with model stakeholders throughout the model review and implementation process
Essential Position Responsibilities:
Assists with the model management process for all credit models including allowance for credit losses, credit risk stress testing and credit data mart applications.
Helps maintain the mapping process from multiple loan systems to ensure consistency in reporting across the bank for credit reporting purposes
Perform model validation studies on risk analysis assessment in order to maintain maximum protection of the bank s assets. Investigate any incident that may result in asset loss and compiles findings for senior management review.
Report various model findings and results to executive management on a periodic basis as part of the strategic decision making process of the bank
Creates various ad hoc reporting for executive management decision making
Perform review and analysis of expert judgment or qualitative factors that augment quantitative models; review to confirm proper controls and adequate documentation is in place.
Assist in report and query writing for all credit reporting inquiries that are extracted directly from the loan system.
Assists in Business Intelligence report writing
Minimum Qualifications
Advanced degree in Mathematics, Statistics, Economics or related field
Three to five years of experience in financial risk management, experience in developing and/or validating statistical models is preferred
Knowledge with SQL, SAP Business Objects and relational database configuration is preferred
Must have attention to detail, initiative and ability to work under tight deadlines
Advanced Microsoft excel and proficiency in Microsoft Access required
Advanced skills with database development, maintenance, and extraction of data for reporting
Knowledge of credit and financial risk management, economic capital and stress testing concepts
The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.
Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
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