Senior Quantitative Risk Modeling & Forecasting Analyst

Digital Federal Credit Union; Chelmsford (MA); On-site; USD 147,000 - 176,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Paid time off

Job summary

First Tech is seeking a senior quantitative risk modeler to support capital planning and stress testing by developing and maintaining analytical models, scenario forecasting, and decision-support tools.

You will translate business strategy and macro assumptions into model-ready inputs, collaborate across finance, data, and technology teams, and contribute to governance, regulatory reporting, and management action planning.

Qualifications

• Bachelor's degree in a field relevant to the role or 4 additional years of relevant experience in lieu of a degree.
• 8–12 years of relevant experience.
• Strong expertise in quantitative finance, statistics, econometrics, mathematics, or related discipline.
• Proficiency with Python, R, SQL or similar analytics platforms.

Responsibilities

• Develop, refine, and maintain sophisticated quantitative models for market, credit, operational, and portfolio risks.
• Lead implementation and improvement of analytical tools for risk measurement, forecasting, stress testing, and scenario analysis.
• Establish and interpret risk metrics, thresholds, and guidelines to keep exposure within bounds.
• Translate analytical findings into actionable recommendations for stakeholders.
• Monitor macroeconomic trends and risk signals to identify vulnerabilities and mitigation strategies.

Skills

Quantitative finance

Statistics

Econometrics

Mathematics

Stakeholder communication

Education

Bachelor's degree or equivalent experience

Tools

Python

R

SQL

Job description

First Tech is seeking a senior quantitative risk modeler to support capital planning and stress testing by developing and maintaining analytical models, scenario forecasting, and decision-support tools.

You will translate business strategy and macro assumptions into model-ready inputs, collaborate across finance, data, and technology teams, and contribute to governance, regulatory reporting, and management action planning.