Associate - Portfolio Credit Risk Modeling

For our client, we are seeking a Associate - Portfolio Credit Risk Modeling to join the team of a leader in the Finance & Insurance space.

This role will focus on building and enhancing stochastic credit risk models that support portfolio decision-making within a specialty finance environment. You will research credit behavior, market cycles, and asset characteristics to refine assumptions and strengthen model performance. The position also involves translating complex quantitative results into clear insights for senior leaders and mentoring junior analysts to help advance the credit risk function.

Location: Remote - US based candidates only, no visa sponsorship available

Compensation: $118,000 – $178,000 annually

Responsibilities

• Collaborate with the specialty finance team to develop a stochastic credit risk model
• Research credit histories and market cycles to inform model assumptions
• Design and validate comprehensive risk models
• Build frameworks that effectively communicate model results
• Mentor junior analysts to enhance the credit risk function

Qualifications

• 5-7 years of experience in quantitative risk modeling and portfolio credit risk modeling
• Deep understanding of credit default cycles, probabilities, and loss recovery
• Proficient in Python or MATLAB with proven skills in Monte Carlo simulations
• Knowledge of asset characteristics across corporate bonds and mortgage loans
• Strong communication skills to explain complex models to senior management
• Professional designations like CFA, FRM, or actuarial credentials are preferred

Benefits

• Comprehensive medical, dental, and vision coverage
• Life insurance and disability coverage
• Paid time off starting at a minimum of 18 days per calendar year plus holidays
• 401(k) with company matching
• Company-paid pension plan
• Business casual work environment

Our client is an equal opportunity employer. We encourage you to apply even if you don’t meet every qualification—your background could be exactly what this team needs.