Senior Quantitative Model Developer

Procom

Wilmington, DE

Contract

Senior

12 days ago

Job Description

About the Role

On behalf of our Financial Services client, Procom is searching for a Senior Quantitative Model Developer for a 15-month role. This position involves leading quantitative analysis and developing statistical models to forecast balance sheets for bank stress testing purposes. The role requires compliance with standards, policies, and procedures, focusing on commercial loans and deposits data. The position is based in Wilmington, Delaware or Mount Laurel, NJ, with 4 days onsite and 1 day remote per week.

Key Responsibilities

Understand business requirements and conduct business analysis to define technical solutions.
Analyze and manipulate large data sets and design econometric models for forecasting.
Lead design, planning, implementation, and testing of modeling initiatives.
Review models with stakeholders and defend models to get approvals.
Produce and maintain well-articulated documentation.
Write and maintain robust code for performing the above functions.

Requirements

Strong background with 7+ years of experience in developing and deploying predictive models.
Proficient programming skills in SAS and Python.
Solid experience in financial services/banking, stress testing, and model governance.
Graduate degree in Statistics, Mathematics, Economics, Computer Science, Actuarial Science, Finance, or Engineering.
Strong written and verbal communication skills.
Strong presentation skills.