Hybrid Credit Risk Analyst — Modeling & Analytics (Raleigh)

Genworth; Raleigh (NC); Hybrid; USD 80,000 - 100,000; Full time

Benefits offered by this job

Generous Time Off

40 Hours of Volunteer Time Off

Tuition Reimbursement

401k with up to 5% employer match

Onsite Gym

Job summary

Enact Holdings, Inc. in Raleigh, NC is seeking a Credit Risk Analyst to provide insights in model development and quantitative analysis of credit risk. Responsibilities include developing probability models, validating external models, and collaborating on capital management strategies. Candidates should possess a Bachelor's degree in actuarial science or related field, with 3+ years of quantitative experience in credit data and strong analytical skills. The position offers a hybrid schedule, generous time off, and various employee benefits.

Qualifications

• 3+ years of quantitative experience working with credit data and building risk models.
• Experience using statistical or machine learning to model frequency and severity of losses.
• Experience developing, testing, diagnosing and documenting risk models and their performance.

Responsibilities

• Assist in the development of new probability of default and loss given default models.
• Run developed models for quantitative assessment of new business and portfolio performance.
• Modify internal and external models to fit existing model risk framework.

Skills

Quantitative analysis

Statistical modeling

Collaboration and communication skills

Data manipulation

Self-directed learning

Education

Bachelor's degree in actuarial science, statistics, financial mathematics, or related field

Master’s degree or equivalent in relevant field

Tools

Python

R

Machine Learning Tools

Streamlit

Shiny

Job description

Enact Holdings, Inc. in Raleigh, NC is seeking a Credit Risk Analyst to provide insights in model development and quantitative analysis of credit risk. Responsibilities include developing probability models, validating external models, and collaborating on capital management strategies. Candidates should possess a Bachelor's degree in actuarial science or related field, with 3+ years of quantitative experience in credit data and strong analytical skills. The position offers a hybrid schedule, generous time off, and various employee benefits.