Delaware State Job Bank Employer Statistical Modeler I in Newark, Delaware
This job was posted by https://joblink.delaware.gov : For more information, please see: https://joblink.delaware.gov/ada/r/jobs/518691 Position Summary:
This position will report to the Senior Manager, Operations Analytics in Servicing Operations. This position requires in depth knowledge of advanced modeling techniques and coding languages such as SAS, SQL and R.
Responsibilities will include model development, design, testing, implementation, validation and other ad-hoc analytics. The candidate will be expected to build robust statistical models from the ground up. All aspects of model development will be expected such as; pulling development data, model design, model back testing, model documentation and model validation. Candidate will be expected to explain model theory, purpose and results to senior management.
Develop statistical models for application in operational areas using techniques such as OLS, Logistic Regression, Decision Tree, Cluster Models etc.
Document model in great detail in accordance with Model Risk Management Policies and Procedures
Work with internal and external parties to have model validated and approved by the Model Risk management committee
Present model results to senior management and appropriate committees
Perform model validations for other internally built models
Write up detailed validation reports which show the effective challenge of model design and theory used
Present findings of validations to senior management
Ad Hoc Analysis
Respond to requests for data and analytics needed by senior management team
Develop presentations and analysis for the support of operational changes, board of director updates and external groups
Other responsibilities, as assigned
Bachelor's degree in a quantitative field such as statistics, economics or mathematics.
1-2 years of experience building statistically based models using SAS, SQL, R or comparable coding language
In depth knowledge of statistical models and data mining techniques
Strong oral and written communication skills required to effectively and concisely present key findings to senior management is a must
Strong working knowledge in presenting quantitative data via PowerPoint, Excel, Word, etc.
Solid knowledge of financial services industry and the products and services offered.
Knowledge, Skills and Abilities
Ability to consistently meet expected deadlines
Excellent written and verbal communication skills
Ability to simultaneously manage and organize multiple projects
Ability to recognize/analyze/resolve system and procedural problems
Ability to lead and coordinate activities of a project group
Ability to perform well under pressure and to work independently with high levels of initiative
Excellent organizational skills #LI-ME
EEO Employer Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. Sallie Mae is a drug free workplace.