Global Macro & Credit Risk Modeling Specialist

Sept 2017 Branding; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

CLS Group in New York is seeking a Macro & Modeling Specialist to monitor sovereign and financial institution risks, evaluate macroeconomic developments, and support risk strategy within the Credit Risk department.

You will develop risk metrics, collaborate with executives and regulators, and contribute to annual portfolio reviews, with opportunities to influence risk appetite and growth plans. Ideal candidates have 3+ years in risk, a quantitative degree, and proficiency in R/Python.

Qualifications

• 3+ years of work experience in a risk, economist, or research role in a major investment bank or rating agency.
• A Master’s degree in Finance, Quantitative/Mathematical Finance, or other quantitative discipline (preferred), or a Bachelor’s degree in Economics or Finance
• Exceptionally good writing and presentation skills to translate quantitative analysis results into senior management and regulatory presentations.
• Proven experience in analyzing and understanding the risk profiles of banking institutions and sovereign jurisdictions using both qualitative and quantitative methods.
• Excellent understanding of financial markets and macroeconomics, and the impact certain geopolitical events may have to the global financial market.
• Demonstrate strong organizational and time-management skills, as well as critical thinking
• Familiarity with using counterparty risk models under BAU and stress scenarios
• Experience creating automated reports, visualization tools, and/or web-based dashboards using R and/or Python
• Track record in analyzing large datasets in order to create and maintain classification and predictive models for risk management business uses.
• Experience with devising, fitting, and evaluating statistical models, including principles of data science

Responsibilities

• Monitor sovereign and financial institution risk exposures and macroeconomic developments for senior management.
• Develop and refine internal risk benchmarks and analytical tools within CLS Risk Management.
• Prepare analyses and reports highlighting key economic, financial, and geopolitical risks for regulators and executives.

Skills

Risk analysis

Macroeconomics

Quantitative methods

Writing & presenting

Time management

Risk modeling

Communication skills

Education

Master’s in Finance

Quantitative/Mathematical Finance

Bachelor’s in Economics or Finance

Tools

R

Python

Job description

CLS Group in New York is seeking a Macro & Modeling Specialist to monitor sovereign and financial institution risks, evaluate macroeconomic developments, and support risk strategy within the Credit Risk department.

You will develop risk metrics, collaborate with executives and regulators, and contribute to annual portfolio reviews, with opportunities to influence risk appetite and growth plans. Ideal candidates have 3+ years in risk, a quantitative degree, and proficiency in R/Python.