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Modellor

Workila

Jersey City (NJ)

On-site

USD 80,000 - 100,000

Full time

7 days ago
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Job summary

Workila is seeking a skilled analytics professional with at least 4 years of experience, particularly in the banking domain. The role involves developing and improving risk and marketing models using advanced statistical techniques. A Master's degree in a quantitative field from a tier 1 college is mandatory. Candidates will be expected to collaborate effectively with stakeholders and contribute to strategic initiatives within the analytics practice.

Qualifications

  • Minimum 4 years of experience in model building.
  • Experience in the banking domain required.
  • Familiarity with machine learning techniques essential.

Responsibilities

  • Develop models according to client specifications.
  • Document requirements based on client discussions.
  • Analyze data to support decision-making.

Skills

Variable Imputation
Multi-Collinearity
Data Cleaning
Logistic Regression
Statistical Analysis

Education

Master's degree in Statistics
Master's degree in Economics
Master's degree in Engineering
Master's degree in Finance
Master's degree in Mathematics

Tools

SAS
SQL
R
SPSS

Job description

The sheer scale of our capabilities and client engagements and the way we collaborate, operate and deliver value provides an unparalleled opportunity to grow and advance. Choose Workila, and make delivering innovative work part of your extraordinary career.

Job Description

¥ Develop Models for client as per the agreed upon schedule

¥ Document modeling requirements based on discussions and information provided by client modeling lead/business users

¥ Develop models based on the model requirements definition , per the agreed upon schedule with client

¥ Improve existing models, per the agreed upon schedule with client

¥ Assist in implementation support based on schedule agreed with client.

Role Requirement:

¥ Should have built 2-3 risk/marketing models end to end

¥ Understand the statistical concepts of variable imputation, variable reduction, multi-colinearity, bootstrapping etc.

¥ Researching and applying new statistical techniques to improve predictive power of models

¥ Develop and maintain a relationship with business stakeholders

¥ Business Problem Solutions with Value addition to impact client businesses

¥ Contributions to Strategic Initiatives within Analytics practice

¥ Ensure the business operations run smoothly in the shop

¥ Keeping on track to meet the monthly budgets and targets

¥ Provide training for staff and new recruitments

¥ Ability to work independently with minimum instructions

¥ Track updates on various business projects

¥ Carry out Revenue and Profitability analysis

¥ Prepare review decks and management decks

¥ New capacity development and capacity management initiatives

¥ Provide business case support, analysis and recommendation for key opportunities

¥ Analyze data and make presentations to support decision-making

Industry experience

¥ Banking domain is a must

¥ Experience on working with Machine Learning techniques (Support Vector Machines, Genetic Algorithms, Random Forests, K-Nearest Neighbor algorithm, Principal Component analysis etc.)

¥ Minimum 3 years of experience in building models (data cleaning, dependent variable selection, independent variable study and understanding, variable reduction, bivariate analysis, variables grouping, logistic/linear model build, model validation, KS/Lift study/PSI etc.)

Education / Tool experience

¥ Master's degree in Statistics, Economics, Engineering, Finance, Mathematics, or a related quantitative field from tier 1 colleges

¥ Sound Knowledge of SAS, SQL and other analytical tools (R, SPSS)

¥ Knowledge of MS Access, SQL & Visual Basic will be an advantage

¥ Time management skills to ensure internal/external expectations are met

¥ Exhibit an outstanding ability to communicate

OTHER IMPORTANT INFORMATION :

EXPERIENCE – Min 4 years

BUDGET – 80-100K US $

NO POACH COMPANIES- None

INTERVIEW PROCESS- 2 Telephonic rounds + Face to face round

MANDATORY INFORMATION REQUIRED WHILE UPLOADING THE PROFILE (Pls note that without these details the profile will not be submitted to the client ) :

Candidate Name

Current Location

preferred Location

Companies worked for

VISA Status

Total experience

Email Address

Additional Information

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