Private Credit Risk Modeler (Direct Lending)

Coda Search│Staffing; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Coda Search Staffing is retained by a major New York City based credit-focused investment platform to identify a Private Credit Risk Management professional focused on Credit Risk Modeling. This role works on quantitative models used to assess and monitor risk across a diversified lending portfolio.

The ideal candidate is early in their career with 1–5 years of experience, has an advanced STEM degree, and is proficient in PD/LGD modeling, statistics, and data analysis to support underwriting and

Qualifications

• 1–5 years of relevant experience in credit risk modeling or quantitative risk management.
• Advanced STEM degree (Master's or PhD) in a quantitative field.
• Strong statistical modeling skills (PD, LGD) and analytical ability.

Responsibilities

• Build, maintain, and apply quantitative models related to ratings analytics and credit risk measurement, including PD and LGD.
• Design, back-test, and validate credit rating and scoring methodologies.
• Maintain and enhance scorecards and dashboards used for risk measurement across credit strategies.
• Analyze portfolio-level and loan-level data to identify emerging credit trends and concentration risk.
• Liaise with Deal Team to track and audit the application of quantitative credit models during underwriting.
• Support ongoing monitoring of risk within the existing loan book and periodic re-rating of credits.
• Translate model outputs into clear risk assessments for underwriting memos and portfolio reviews.
• Document model methodology, assumptions, and limitations for governance and audit.
• Conduct ad hoc quantitative analyses for portfolio risk reviews and stress testing.
• Identify opportunities to automate risk measurement processes with data/tech teams.

Skills

Credit risk modeling

Quantitative analysis

PD modeling

LGD modeling

Communication

Education

Master's or PhD in a quantitative field

Job description

Coda Search Staffing is retained by a major New York City based credit-focused investment platform to identify a Private Credit Risk Management professional focused on Credit Risk Modeling. This role works on quantitative models used to assess and monitor risk across a diversified lending portfolio.

The ideal candidate is early in their career with 1–5 years of experience, has an advanced STEM degree, and is proficient in PD/LGD modeling, statistics, and data analysis to support underwriting and