Location- Location can be remote with occasional paid travel to Jacksonville, FL
Job Summary:
We are seeking a highly skilled Loss Forecasting SME to join our team. The ideal candidate will have extensive experience in developing and validating loss forecasting models, particularly within the financial services industry. This role involves working closely with various stakeholders to ensure accurate and reliable loss forecasts, contributing to the overall risk management strategy.
Key Responsibilities:
Develop and validate loss forecasting models for Equipment finance loans.
Utilize the PD/LGD/EAD framework, with a strong emphasis on the Probability of Default (PD) component.
Collaborate with the CECL team to replicate and validate their models, ensuring accuracy and reliability.
Communicate loss forecasting results to upper management and other stakeholders.
Challenge existing projections and methodologies using quantitative analysis.
Stay updated on industry best practices and recent market trends.
Prepare risk management presentations for senior management, including analytics on expected portfolio performance and potential risks.
Ensure adherence to all policy requirements and regulatory guidelines.
If you have the required skills and are ready to take on a challenging yet rewarding role, we encourage you to apply and be part of our growing team!