GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.
Support initiatives related to quantitative analytic modeling of the lifecycle of a commercial product/transaction and increase productivity. Serve as the data analyst for model governance, model development, and model deployment activities.
Essential Responsibilities
Develop, implement and manage holistic strategies for modeling (design, development, validation, calibration, documentation, approval, implementation, monitoring and reporting), in collaboration with Risk Modeling Leader
Conduct analytics to validate the performance of existing quantitative risk models, recommend changes, and support gap closing projects
Lead modeling data capture, gathering, mastering and maintenance in support of modeling databases, in collaboration with platform resources
Manage model supporting data warehouses in terms of accuracy and completeness; understand data and process structures from System of Record to Data warehouse to ensure accuracy and precision of data used for modeling, reporting and analysis
Drive standardization of processes that ensure timely generation and retrieval of reporting and risk analytics data, including support of model management framework
Incorporate operational definitions and conceptual system designs to create algorithms that meet business reporting and analytics needs
Develop and perform processes for model monitoring
Establish and maintain strong relationships with key functional stakeholders (Risk, Finance, IT, Ops)
Manage and guide supporting resources as required
Qualifications/Requirements
Basic Qualifications:
Bachelor's degree in Risk related field (Accounting, Business, Economics, Finance, Math/Stat, Operations Research, etc. 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
Demonstrated experience in statistical model lifecycle management, including proficient level of expertise with at least one statistical modeling language/utility
Proficiency and expertise building and implementing routines for data transformation
Demonstrated strong SQL skills and experience delivering SQL code and supporting physical database designs
Strong knowledge of MS office tools, and data mining tools (Access, SQL, BO, etc.)
Eligibility Requirements:
You must apply via COS (internals) or www.gecareers.com (externals) to be considered for this position
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.
You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
Willing to work out of an office in Stamford, CT
Additional Eligibility Qualifications
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.
Desired Characteristics
Graduate degree in Risk related field (Accounting, Finance, Economics, Math/Stat or Operations
Research with Quantitative underpinning); FRM and CFA a plus
Familiarity with Basel Initiative, Treasury operations and regulatory matters
Experience in management of, or results driven contribution to, cross-functional teams (Risk, Finance, IT, Operations)
Strong knowledge of commercial finance
Demonstrated ability to lead and support projects from beginning to end
Self-starter, ability to work independently in a fast paced environment and deliver solid action oriented results quickly
Operational understanding of and experience with Model Risk, and balancing sophistication with simplicity (Ockham's Razor)
Excellent oral and written communication skills
Strong interpersonal and team management skills
Section 19 Job
YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.