BECU · 9 hours ago
Statistical Modeling Analyst
Tukwila, WA
Full-time
Hybrid
New Grad, Entry Level
$87K/yr - $124K/yrBECU is a financial institution focused on serving its members and communities. The Statistical Modeling Analyst will assist in the development and calibration of statistical models for credit decisions and performance testing, while also supporting enhancements to existing models and collaborating with senior peers.
Banking
Responsibilities
Assist development, re-development and calibration of statistical models using statistical analytical packages; including but not limited to: Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models for credit decisions, loss forecasting, stress testing, CECL reserving, and economic capital use cases
Support documentation and execution of statistical models under the direction of senior level peers and leadership
Support enhancements to existing suite of statistical models to improve accuracy, partnering with senior level peers and leadership
Research statistical methods and apply enhancements to existing suite of models to improve accuracy
Gather and evaluate data for reliability and usability and research and apply data treatment methods
Assist in development/understanding of vendor models to ensure accuracy and relevancy
Support enhancement of statistical model production and implementation processes
Support statistical model monitoring and performance testing
Support data requests and systems testing processes, working with more senior level peers as needed
Participate in team meetings related to statistical model development
Maintain thorough knowledge relating to loan portfolio and statistical modeling trends and composition
Assist with analyzing and presenting modeling outputs to stakeholders
Assist in the development of statistical modeling strategies by using data warehouse information and modeling results
Maintain statistical modeling, change control, and validation documentation as needed
Qualification
Required
Master's degree or foreign equivalent in Statistics, Mathematics, Finance, Economics, or a closely related field
Knowledge of three or more of the following statistical analytical packages: SAS, Python, SQL and R
Knowledge of artificial intelligence (AI) and machine learning (ML) tools
Knowledge of statistical modeling concepts including logistic regression, survival analysis, Markov chain analysis and time series
Benefits
401(k) Company Match (up to 3%)
4% annual contribution to your 401(k) by BECU
Medical, Dental and Vision (family contributions as well)
PTO Program + Exchange Program
Tuition Reimbursement Program
BECU Cares volunteer time off + donation match
Company
BECU
As a member-owned, not-for-profit financial cooperative, BECU is guided by the credit union philosophy of “people helping people.” In fact, putting people over profit guides our everyday business decisions.
Founded in 1935Tukwila, Washington, USA
1001-5000 employees
H1B Sponsorship
BECU has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (3)
2023 (1)
2022 (1)
Funding
Current Stage
Late StageLeadership Team
Nathan Ramachandran
EVP - CTO
Ivan Seda, CFA, CPA
Deputy Chief Financial Officer
Recent News
Business Journals
2024-04-09
Puget Sound Business Journal
2023-12-13
Puget Sound Business Journal
2023-11-28
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