Associate Data Scientist, Credit Risk and CECL

Moraph LLC; Chicago (IL); Hybrid; USD 130,000 - 145,000; Full time

Job summary

Moraph LLC in Chicago is seeking an early-career data risk modeller to build credit loss, stress testing and capital models for our banking products. This role offers rapid growth with guidance from senior colleagues and exposure to stringent regulatory standards.

You will validate CECL and stress tests, explain results to risk officers, and document models to SR 11-7 standards. This hybrid role is based in Chicago with on-site coworking spaces and visa/sponsorship clarity as needed.

Qualifications

• 1–2 years of experience in statistical modelling in Python or R (internships and placements count)
• Credit risk concepts
• Eagerness to learn how software is built and run where failure means a regulatory breach or a patient-safety incident

Responsibilities

• Build and validate CECL and stress testing models
• Explain model results to risk officers
• Document models to SR 11-7 standards
• Deliver well-scoped work with guidance from senior colleagues, and learn the delivery and evidence standards our regulated clients expect

Skills

Statistical modelling (Python or R)

Credit risk concepts

Eagerness to learn software delivery

Job description

About the role

An early-career role for someone with a year or two of experience who wants to grow fast. You will build the credit loss, stress testing and capital models behind Moraph’s banking products.

What you’ll do

• Build and validate CECL and stress testing models
• Explain model results to risk officers
• Document models to SR 11-7 standards
• Deliver well-scoped work with guidance from senior colleagues, and learn the delivery and evidence standards our regulated clients expect

What you’ll bring

• 1–2 years of experience in statistical modelling in Python or R (internships and placements count)
• Credit risk concepts
• Eagerness to learn how software is built and run where failure means a regulatory breach or a patient-safety incident

Nice to have

• Experience at a bank or regulator

Location and working arrangement

This role is hybrid, based in Chicago. Moraph has no office of its own in Chicago: office days are at a coworking space Moraph provides there. You’ll need to be able to work from Chicago on a regular basis, and your team agrees its own rhythm for being together.

The application asks whether you are authorized to work in the United States or will need visa sponsorship. Sponsorship depends on the role and the country; your recruiter will be clear about what is possible before you invest time in interviews.

Compensation

$130,000 – $145,000 per year

Where you land in the range depends on your experience and skills, not on how well you negotiate. Any offer we make is within this range.

Working at Moraph

We build and operate software for credit unions, hospitals and government agencies, where a failure means a regulatory breach or a patient-safety incident. We work as one team across New York, London, Sydney, Buenos Aires, Yerevan, Mumbai, Manila and more, on the same tools and to the same standards. Everyone gets the same high-spec laptop, software and security tooling, whichever office they work from.

Equal opportunity and accommodations

Moraph is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status. Moraph is a federal contractor and welcomes priority referrals of protected veterans.

We welcome applicants of every background and provide reasonable accommodations throughout the hiring process. Tell us in your application, or email [e-mail]. How to ask for an accommodation.