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Farm Credit East, ACA · 1 hour ago

Quantitative Risk Analyst

Enfield, CT

Full-time

Hybrid

Mid Level

$75K/yr - $125K/yr

3+ years exp

Farm Credit East is the leading provider of loans and farm advisory services to agricultural business owners across the northeast. The Quantitative Risk Analyst will be a key contributor to risk modeling, forecasting, and decision modeling efforts, utilizing quantitative and qualitative techniques to provide actionable information for decision making.

AgricultureBankingFinancial ServicesLendingRetail

Responsibilities

Develop, document, and deploy quantitative models for credit risk and capital management (CECL, stress testing, economic capital) and automated credit decision models

Communicate complex modeling concepts clearly to technical and non-technical audiences

Work across business lines to develop and execute analytics use cases that will drive operational excellence, generate growth opportunities, and/or enhance the customer and employee experience

Partner with risk, finance, and business operations to align modeling initiatives with strategic goals

Collaborate with business units to identify analytics use cases and opportunities for applying quantitative modeling techniques to address business challenges and opportunities

Work with the data team to ensure governance and data quality and to build data pipelines for production models

Document model development and testing in accordance with Model Risk Management guidelines

Represent model development during internal and/or external model validations and audits

Oversee the implementation and monitoring of models in production environments

Develop and implement sound change controls around production models and develop appropriate model monitoring metrics

Qualification

Quantitative modelingCredit risk modelingAI/ML techniquesRPythonSASCommunication skillsCross-functional collaboration

Required

Bachelor's degree in quantitative field such as Mathematics, Statistics, Economics, Finance, or related discipline

3+ years of experience in quantitative modeling, risk analytics, or data science, with a strong background in credit risk modeling, CECL, and stress testing

Proficiency in R, Python, or SAS; experience with AI/ML techniques

Strong communication skills to translate complex concepts for diverse audiences

Ability to influence stakeholders and drive cross-functional collaboration

Preferred

Advanced degree (Master's or PhD), while not required, will be looked upon favorably

Benefits

Short-Term Incentive to reward business results

401k match up to 6% of salary; or for those unable to take full advantage of the 401(k) match, verified student loan payments may qualify for an employer match in your 401(k) up to 6% of salary

Defined Contribution retirement plan funded at 2-9% of salary depending on years of service

15-25 days of vacation leave per year, depending on years of service

12 days of holiday leave per year

7.5 days of sick leave in your first year, followed by 12 days of sick leave per year thereafter; unlimited rollover of unused sick leave year to year

Paid Parental Leave: Up to 80 hours of paid leave for birthing, non-birthing, and adoptive parents

Family Care Leave: Additional leave options available under FMLA and company policy

Comprehensive medical, dental, and vision plans, including preventive care and wellness programs to support your overall health and well-being

Health Savings Account

Life insurance at 2x base pay

Accidental Death and Dismemberment insurance at 2x base pay

Long-term disability insurance at 2/3 base pay

Tuition reimbursement

Continuing education and training

Employee Assistance Program offering a wide variety of tools and resources

Company

Farm Credit East, ACA

Farm Credit East provides a full range of credit and financial services to more than 18,000 customers in our eight-state territory: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont.

Founded in 1916

Enfield, Connecticut, USA

501-1000 employees