About the role

  • Lead Model Developer creating quantitative models within Model Center of Excellence at Bread Financial. Involved in development, maintenance, and validation of regulatory risk management models and documentation.

Responsibilities

  • Design and build quantitative and qualitative models for Treasury and Capital Stress Testing
  • Execute complex statistical and non-statistical financial models
  • Analyze inputs, processing, and outputs for useful insights
  • Maintain comprehensive model documentation and operational processes
  • Ensure model Monitoring and Maintenance (M&M) standards
  • Engage with FDIC regulators, MRM, and Audit
  • Communicate model purpose, design, execution, and adjustments

Requirements

  • Bachelor’s Degree in Finance, Economics, Business, Statistics
  • 8+ years of experience in Model Development
  • Experience with Model Documentation
  • Engagement with Regulators and Audit
  • Partnership with diverse partners
  • Master’s Degree in Finance, Economics, Business, Statistics (Preferred)
  • 10+ years of experience in model-related fields (financial, statistical, operational, risk modeling)
  • Skills in Financial Econometrics, Linear Regressions, Logistic Regression Models, Written Communication, Financial Modeling in Excel, Relationship Management, Critical Thinking, Python for Data Analysis, Pandas, PySpark

Benefits

  • medical, prescription drug, dental, vision, and other voluntary benefits
  • basic and optional life insurance
  • supplemental medical plans
  • short and long-term disability
  • 401(k) plan
  • six weeks of 100% paid parental leave
  • 11 paid holidays
  • Flexible Time Off (FTO) program
  • 80 hours of Paid Sick and Safe Time (PSST)
  • purchase company stock during offering periods
  • annual incentive bonus based on individual and company performance

Job title

Lead Model Developer

Job type

Experience level

Senior

Salary

$120,500 - $218,300 per year

Degree requirement

Bachelor's Degree

Location requirements

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