Credit Risk Quantitative Analyst

Job Description

Job Description

JOB SUMMARY :

The Quantitative Credit Risk Analyst will play a key role in developing and implementing statistical and quantitative methodologies to support credit and non-credit loss forecasting, as well as economic and capital calculations. This role requires leveraging strong analytical and problem-solving skills to assess portfolio risk, optimize pricing strategies, and inform customer origination strategies across diverse portfolios, including consumer, residential, and commercial lending. The ideal candidate will combine technical expertise with business acumen to deliver actionable insights that drive sound risk management and strategic decision-making.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

• Develop and validate credit risk models, including Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) for lending portfolios.
• Develop model monitoring plan, monitor statistical model performance, including back testing and benchmark the model performance.\Support stress testing, scenario analysis, and model risk governance processes.
• Collaborate with cross-functional teams to ensure alignment of modeling approaches with CECL requirements and capital planning frameworks.
• Prepare comprehensive model documentation in compliance with internal and regulatory standards.
• Communicate technical subject matter to individuals from various backgrounds.

EDUCATION and / or EXPERIENCE :

The Statements above are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of responsibilities, duties, and skills. Because these statements are general, the job description is used for a variety of purposes including job evaluations; performance reviews; recruitment; etc. All Associates are required to adhere to the highest legal and ethical standards applicable to our industry. It is the policy of Seacoast Bank that all Associates will be familiar and compliant with all regulatory, legal, ethical and Bank risk mitigation requirements pertaining to both our industry and their individual roles. This includes the on time, successful completion of annual required training post-hire and effective execution of role responsibilities.