Modeling Analyst Job Description

Modeling Analyst Job Description

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Modeling analyst provides data analysis using SAS programming, SPSS programming or other related statistical analysis software.

Modeling Analyst Duties & Responsibilities

To write an effective modeling analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included modeling analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Develop, test and document valuation and pricing models for debt and derivative trades in core application (rates, FX, commodities, credit, equity)
Plan, test, document and support the roll-out of valuation related product enhancements in core derivative valuation and pricing applications
Develop, test and document models used to value embedded derivatives across multiple asset classes
Partner with business and technical accounting teams to ensure models meets MRM policy requirements
Develop alternative valuation models to measure and monitor Model risk
Provide derivative modelling support to Treasury strategic initiatives
Partner with Model Validation teams on periodic validation activities and resolution plans
Understand the implications for derivative modelling of the latest developments in the regulatory environment , academia, vendor technologies and industry practice
Support the design and roll-out of analytics to provide value-add service to business users including IPV, PNL explain, sensitivity analysis, and portfolio valuation to support M&A activity
Produce management level dashboards, ad hoc reporting and analysis Manage model supporting data warehouses in terms of accuracy and completeness

Modeling Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Modeling Analyst

List any licenses or certifications required by the position: LEED, USGBC, CPA, SAS, MIS, CMA, AIR, CCRA, RMS, OCSMP

Education for Modeling Analyst

Typically a job would require a certain level of education.

Employers hiring for the modeling analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Mathematics, Statistics, Engineering, Economics, Finance, Computer Science, Sciences, Business, Math, Technical

Skills for Modeling Analyst

Desired skills for modeling analyst include:

SAS
BI tools
Developing analysis queries and procedures in SQL
Data analysis tools and industry data sources
Analysis software
More statistical techniques
Support of new product development
R
Principles
Several statistical techniques

Desired experience for modeling analyst includes:

Good knowledge of analytics packages such as SPSS, eviews
Ability to work independently within a group
Post Graduate qualification in a quantitative discipline with an in-depth knowledge of mathematics and probability as it applies to derivative pricing and modelling
Excellent interpersonal and communication skills (written and verbal), strong team player, self-motivated, clear thinker, accountable
Strong knowledge of derivative products and pricing models used for interest rate swaps , cross-currency swaps, callable swaps, options, commodities, equity and credit derivatives, XVA's, OIS discounting
Theoretical understanding and practical experience of swap curve construction including choices of market instruments, curve construction approaches and interpolation methodologies

Modeling Analyst Examples

1

Modeling Analyst Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of modeling analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for modeling analyst
  • Manage model supporting data in terms of accuracy and completeness
  • Coordination with various groups for key inputs and requirements of model applications
  • Extract, manipulate and analyze data from a variety of sources ( Oracle, Unix, flat files, etc), to formulate insightful conclusions, provide strategic recommendations, and inform management actions, both as part of routine customer-level product monitoring and in support of new initiatives
  • Effectively communicate complex concepts and results to a broad group of BMO Harris Bank stakeholders who are not familiar with detailed data mining methodology
  • Develop and maintain a system for forecasting and launch planning and execution
  • Provide solutions to efficiently source or extract, cleanse and analyze large amounts of data
  • Work with the team to improve the group's operational efficiency
  • Establish a process to electronically collect reliable cross-functional forecasting and launch assumptions with a certain frequency
  • Work with the cross-functional team to ensure process and data integrity
  • Be responsible for new product forecasting with focus on new product selections
Qualifications for modeling analyst
  • Sound knowledge of financial numerical methods/PDEs, stochastic calculus, and term structure models used in derivative pricing
  • Experience configuring and using off-the-shelf fixed income derivative valuation systems and tools
  • Experience in a matrix and global environment preferred
  • Experience in some of Matlab, Numerix, Fincad, QuantLib
  • Pragmatic problem solver with resilient, confident attitude
  • Familiarity with ALM software (QRM, Kamakura, Bancware) and market risk management software (Sunguard, Riskmetrics) and related modeling techniques
2

Modeling Analyst Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of modeling analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for modeling analyst
  • Assist in managing and improving consumer data sets
  • Accountable for building predictive models for personal and commercial clients that balance growth and risk
  • Implement our models and integrate the model into the Aladdin high performance, distributed analytics infrastructure
  • Build new tools and analytics such as forecast error projection, relative value analysis for our internal and external clients
  • Of funds in Aladdin, and assesses the risk of fund holdings for our clients
  • This position will be responsible for conducting analysis to support the risk management of FDMS
  • Standard calibrations and scenario sets
  • Update software and to models
  • Participate in financial projection projects supporting the Division’s annual planning and long-term profitability management, GAAP reporting, sales illustration compliance, asset / liability management and ad hoc business decisions
  • Perform model validation
Qualifications for modeling analyst
  • Ability to effectively convey and distill complex technical information to a non-technical audience
  • Bachelor's Degree in Risk related field (Accounting, Business, Economics, Finance, Math/Stat, Operations Research, with Quantitative underpinning) with 8+ years of relevant Risk or Finance experience & NBSP
  • Strong business finance acumen, especially in Financial Services Industry & NBSP
  • Experience in underwriting, risk, actuarial, statistical reporting roles & NBSP
  • Demonstrated strong SQL skills and experience delivering SQL code and supporting physical database designs & NBSP
  • Bachelor's degree in Risk related field (Accounting, Business, Economics, Finance, Math/Stat, Operations Research, with Quantitative underpinning) with 5+ years of relevant Risk or Finance experience Strong business finance acumen, especially in Financial Services Industry Experience in underwriting, risk, actuarial, statistical reporting roles
3

Modeling Analyst Job Description

Job Description Example
Our company is looking for a modeling analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for modeling analyst
  • Assist/Lead in project setup - participate in client consultants brief and define best approach based on client needs & cost efficiency
  • Execute projects independently (Prepare data, Process data, Validate data insuring consistency
  • Understand the firm`s front office models
  • Implement model testing in stress scenario
  • Analyze model errors
  • Implement and test model improvements
  • Review or prepare summary data cuts
  • Produce analysis and reports that leverage multiple data sources and technologies for 360 view of visitor behavior
  • Apply statistical methods to identify factors that affect business results, weigh the influence, and understand probable outcomes based on different actions taken
  • Actively partner and develop effective relationships with related groups in E-commerce management, Marketing, and IT to facilitate and manage efforts across team to turn insights into practice on the site
Qualifications for modeling analyst
  • Must be willing to work out of an office in Chicago, Danbury, New York City, Irving, Salt Lake City, Eden Prairie
  • Bachelor's degree in a quantitative discipline (e.g., Mathematics/Statistics, Economics, Accounting, Business, Finance, ) with 5+ years of Risk Management/Risk/Financial modeling experience or an advanced degree in a quantitative discipline (e.g., Mathematics/Statistics, Economics, Accounting, Business, Finance, ) with 1+ years of Risk Management/Risk/Financial modeling experience
  • Excellent understanding of business valuation and M&A analysis
  • Familiarity with open source software/programming (R, Hadoop, Python )
  • Expert ability to use decision science software (SAS, JMP)
  • Bachelor's degree required, in statistics, mathematics or industrial Engineering
4

Modeling Analyst Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of modeling analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for modeling analyst
  • Develop digital data collection problems for complex digital properties, marketing vehicles and emerging technologies
  • Monitor and review data collection and reports for quality assurance
  • Candidate will be located in Costa Mesa, Atlanta or Carmel
  • Track and monitor the performance of existing prospect models and conduct reviews
  • Evaluating new data sources/new variables for their efficacy in prospect modelling
  • OModel testing/validation including building analytical tools to validate model results and preparation of documentation on findings and observations
  • OModel reconciliation
  • OData input and model output reporting
  • OModel production process including configuration of model inputs, run templates, production of results, result validation and documentation
  • Execute and assist with analytic projects in support of Product Development and Analytics objectives
Qualifications for modeling analyst
  • Detail oriented with experience in predictive analytics and statistical modeling experience
  • Strong in MS Excel and working knowledge in MS Access, SAS and SQL
  • Relative financial industry experience is a must, understanding of risk mitigation principles & practices, US Banking & Financial Services, Processes, and Regulatory Requirements
  • Knowledge of quantitative methods and statistical analysis
  • Firm understanding of statistics and a proven background identifying, understanding, solving, and communicating complex problems
  • Strong acumen of Risk Analysis relative to fraud, coupled with a firm knowledge of relational database systems used to drive reporting and analysis
5

Modeling Analyst Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of modeling analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for modeling analyst
  • Assist in implementation of models for insurance loss, conversion, retention, and price optimization
  • Communicate with business leaders and staff across functions
  • Design and manipulate large datasets across platforms
  • Management of Business Unit (BU) Data Models & Processes for BU profitability attainment including budgeting, target setting, forecasting, margin and attainment reporting with MAGS specific metrics through Excel, Power Pivot Models, Power BI, PowerPoint and SharePoint
  • Management of Business Unit Reporting Metrics for analysis by MAGS Leadership Team & Key Operations Team Members
  • Management of sales pricing data models for profitability analysis
  • Administer and support strategic customer vendor invoice systems
  • Miscellaneous complex report generation, modelling & administrative support including contract archiving
  • Support as needed in the management of Account Team sales territory & custom BU reporting using Salesforce
  • Develop metrics and analysis to measure, evaluate and optimize brand marketing performance across the organization
Qualifications for modeling analyst
  • Work experience with fraud detection related activities and developing technological solutions to detect fraud
  • Proficient at English
  • Proficiency with Microsoft Office suite data extract tools – specifically SAS, PL/SQL
  • Skills in MS Excel, SQL Server and detailed commercial catastrophe models (RMS/AIR/EQE)
  • Minimum 4 year college degree, preferably in science, applied statistics or other quantitative field
  • 3+ years’ experience in using SQL to extract data from various relational databases

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