At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
Responsible for analyzing data to ensure integrity and quality, development requirements for granularity, determine history requirements and timelines and mapping rules, documenting the business, data and function requirements to support the development of statistical and econometrics models in support of various risk management, compliance, and business initiatives. The incumbent will collaborate with business, risk personnel and a model implementation team to deliver data models and infrastructure required for Model Risk Management and regulatory compliance.
Essential Job Functions
Responsible for analysis of source data systems and development of statistical and econometrics models for various risk management activities, including (but not limited to): loss forecasting and stress testing of the Bank's portfolio of loans, reserving, budgeting, account management, profitability, new loan originations and other strategic initiatives, and regulatory compliance.
Will participate in Development, Testing, Implementation, Deployment, Monitoring, Reporting and Documentation of Models
Responsible for ongoing Maintenance and Performance Monitoring post implementation of model(s)
Will assist Sr. Modelers / Managers in analytical research and model development.
Other Job Duties
Good project management skills, with the ability to work independently on multiple tasks and/or projects under the guidance of Sr. Modelers/Managers
Formal modeling experience, a plus.
Performs other duties as assigned.
Requires deep knowledge of job area typically obtained through advanced education combined with experience. Excellent knowledge and experience in statistical predictive models and machine learning techniques. Solid knowledge in statistics, mathematics, and other quantitative fields.
Master's Degree in quantitative fields. Prefer PHD degree in Statistics, Math, Economy, and other quantitative fields.
Computer programming skills: SAS, R, Python
Knowledge on Credit Risk model development and credit lending is a plus
Strong written and verbal communication skills
Experience with statistical modeling platforms such as SAS applied to large data sets is desirable.
Strong analytical and problem-solving skills coupled with thoroughness and attention to detail is highly desired.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer -
Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Primary Location: United States-California-San RamonJob Type: Full-timeJob: Risk Management