Data Scientist
Not Disclosed•ContractorOn-site
location_onFanny White Road, Buckingham County, Virginia, 23921, United States
About the Team
The Modeling and Analytics group within the Investments and Capital Markets division develops financial and statistical models used for valuation and risk analytics. This team is critical to the organization's ability to value and hedge mortgage products effectively.
About the Role
We are seeking a Quantitative Analytics Tech Lead to join the Models & Analytics group. In this role, you will develop and enhance mortgage prepayment, default, and severity models to support portfolio management. Your work will directly contribute to the development of mortgage valuation models and the conduct of portfolio analysis to support trading and hedging activities.
You will operate with a high degree of independence, determining and developing approaches to complex solutions. Your day-to-day will involve applying statistical modeling and big data analytics to forecast borrower behavior, conducting research on market conditions and regulatory environments, and preparing thorough model documentation and validation tests.
Hiring Process
For applications and inquiries, please contact hirings@openkyber.com.
Work location
Work model: On-site
Fanny White Road, Buckingham County, Virginia, 23921, United States
Virginia
Key Responsibilities
- check_circleApply statistical modeling and big data analytics to forecast borrower behavior
- check_circleConduct research on industry models, market conditions, and regulatory environment
- check_circlePerform sensitivity analysis and impact assessment for model updates
- check_circleProvide analytics support for trading and hedging activities
- check_circleDevelop mortgage prepayment, default, and severity models to assess market risk
- check_circleDevelop and enhance valuation processes and risk metrics for mortgage portfolios
- check_circlePrepare model documentation and conduct thorough model validation tests
- check_circleDevelop ongoing performance monitoring and threshold methodology
Requirements
- verifiedMaster's degree required (Doctorate preferred)
- verified10+ years experience with modelling
- verified3-5 years experience in model testing and development
- verifiedQuantitative degree in statistics, data science or related field
- verifiedProgramming skills in Python, R, SAS or related languages
- verifiedExperience with large data sets and relational databases
Nice to Have
Doctorate degree. 5+ years of relevant experience applying predictive modeling techniques or data analytics to large datasets. Experience in statistical model development and implementation.
Similar Job Opportunities
Skills, education and keywords
Skills: Python, R, Sas, Statistical Modeling, Predictive Modeling, Data Analytics, Relational Database, Model Validation, Portfolio Analysis, Sensitivity Analysis.
Education: Master's degree required, or Doctorate preferred; Doctorate degree with 3 years experience or Master's with 5 years experience.
Frequently asked questions about Data Scientist at Openkyber
What does a Data Scientist at Openkyber do?expand_more
A Data Scientist at Openkyber is responsible for the following: Apply statistical modeling and big data analytics to forecast borrower behavior; Conduct research on industry models, market conditions, and regulatory environment; Perform sensitivity analysis and impact assessment for model updates; and Provide analytics support for trading and hedging activities.
What are the requirements for this Data Scientist role?expand_more
To qualify for the Data Scientist at Openkyber position, applicants should have: Master's degree required (Doctorate preferred); 10+ years experience with modelling; 3-5 years experience in model testing and development; Quantitative degree in statistics, data science or related field; Programming skills in Python, R, SAS or related languages; and Experience with large data sets and relational databases.
Where is the Data Scientist role at Openkyber located?expand_more
Data Scientist at Openkyber is based in Fanny White Road, Buckingham County, Virginia, 23921, United States. This is a on-site role.
Is this Data Scientist job remote, hybrid, or on-site?expand_more
Openkyber has listed this Data Scientist role as on-site.
How much experience is required for this Data Scientist role?expand_more
Data Scientist at Openkyber typically requires 10+ years of relevant experience at the lead level.
What skills do you need for the Data Scientist role at Openkyber?expand_more
Key skills for Data Scientist at Openkyber include Python; R; Sas; Statistical Modeling; Predictive Modeling; Data Analytics; Relational Database; and Model Validation.
What education is required for Data Scientist at Openkyber?expand_more
Educational requirements for this role: Master's degree required, or Doctorate preferred; and Doctorate degree with 3 years experience or Master's with 5 years experience.
What category does the Data Scientist role belong to?expand_more
Data Scientist at Openkyber is part of the accounting & finance job category on Recrutus.