Commercial Risk Model Development Associate (Fintech)

Location: Stamford, Connecticut, United States; other locations include Boston, Waterbury, and Dallas. Applicants must be legally authorized to work in the United States on a full-time basis without employer sponsorship.

Base pay: $90,000–$170,000 USD annually.

Company

Global financial services organization undergoing a technology-driven transformation and developing quantitative risk capabilities for commercial lending portfolios.

What you will do

• Develop, enhance, implement, and monitor quantitative credit risk models and analytical frameworks.
• Perform data analysis, data engineering, and statistical modeling for risk measurement and credit decisioning.
• Evaluate model performance and stability through monitoring, back-testing, sensitivity analysis, and benchmarking.
• Identify improvements to model methodologies, predictive performance, and operational efficiency.
• Partner with business, credit, risk, data, and technology stakeholders to translate requirements into scalable analytical solutions.
• Support model documentation, testing, implementation, governance, and innovative risk analytics using automation and advanced data techniques.

Requirements

• Bachelor’s degree in a related field, or equivalent demonstrated through work experience, training, military service, or education.
• 5+ years of experience in risk management, risk modeling, or AML.
• Experience programming in Python, SQL, or similar analytical tools.
• Experience developing, implementing, monitoring, or validating quantitative risk models in a regulated financial institution.
• Experience working with large-scale financial, credit, and portfolio datasets, including data quality and data lineage challenges.
• Advanced quantitative skills and practical modeling experience.
• Knowledge of statistical modeling, predictive analytics, model performance monitoring, and model governance practices.
• Ability to analyze large and complex datasets, identify data quality issues, anomalies, and trends, and understand commercial lending, credit risk measurement, and risk rating frameworks.
• Ability to manage multiple priorities, meet strict deadlines, adapt to changing circumstances, build internal relationships, and communicate effectively in writing and verbally.

Nice to have

• Master’s degree in a related field, or equivalent demonstrated through work experience, training, military service, or education.
• Experience in commercial credit risk, risk rating models, probability of default modeling, loan risk assessment, or related credit risk disciplines.
• Experience with data platforms and analytical environments, including Snowflake or similar cloud-based solutions.
• Experience supporting model documentation, governance, validation, testing, or regulatory examination activities.
• Established work history or equivalent experience, training, military service, or education.

Culture & Benefits

• Risk-focused culture with proactive and responsible risk management expected at all professional levels.
• Competitive rewards package and benefits supporting employees, families, and well-being.
• Equal opportunity and inclusive, accessible application process.
• Reasonable accommodations available during the application process.