Offer type: full time
Salary: DOE
Location: Massachusetts - Boston, Ma

Analyze credit risk valuation models, correlations, concentrations, rating migrations, and risk contributions
• Support the development of sector/industry risk assessment methodologies and quantitative measurement techniques for credit risk exposures and structured products
• Participate in development and execution of credit Economic Capital methodologies and Stress testing models for the Bank’s lending portfolio.
• Work with business line partners in embedding and socializing these models and support them with on-going requests
• Work with the quant team in the group to provide feedback on model development based on changes to portfolio both related to policy and performance
• Analyze portfolios both for commercial and retail to look at trends to support economic capital and stress test numbers
• Maintain large data sets using advance statistical/modeling tools and willing to pull datasets directly from source systems
• Work with appropriate parties to resolve or remediate data quality issues
• Maintain, review, and adhere to organization’s credit policy; verifying the integrity of the underlying data; constant monitoring and validation of the underlying theories and methodologies
• Support implementation of third party vendor solution tools for credit risk
• Prepare ad-hoc risk quantification projects at the request of management
• Participate in peer review sessions and maintain awareness of new advances in credit risk modeling techniques to ensure the application of best practices to CFG credit risk models
• Assure quality and leading-edge nature of work by helping to solve problems faced by others