CECL Model Development & Implementation Lead
Role details
Job location
Tech stack
Job description
The CECL Model Development & Implementation Lead leads Current Expected Credit Losses (CECL) model development, enhancement, and end-to-end implementation initiatives, focusing on improving model performance, expanding coverage across new segments, and ensuring models are production-ready within a scalable and automated framework., + Develops and implements Current Expected Credit Losses (CECL) models for material segments without existing coverage, including assessing portfolio characteristics and identifying key risk drivers.
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Leads model enhancement and replacement strategy for underperforming models, including reassessment of assumptions, data inputs, and model structure.
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Executes end-to-end model development lifecycle, including calibration, testing, documentation, validation readiness, production deployment, and model performance monitoring.
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Applies strong understanding of cash flow-based CECL methodologies, including lifetime loss estimation, prepayment, and charge-off dynamics.
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Identifies opportunities for system automation and process improvement across data preparation, model execution, and testing.
Requirements
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University (Degree) Preferred, + Extensive experience in model development, testing, and production implementation across multiple asset classes, including CRE, C&I, and consumer portfolios.
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Strong programming skills in Python, SAS, and SQL
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Experience in model performance evaluation and back-testing
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Strong expertise in CECL / ACL frameworks and stress testing
Preferred Qualifications
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Master's degree and above in Economics, Finance, accounting, and related areas (highly preferred).
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Experience with Moody's platforms
Role Specific Work Experience
- 5+ Years Required; 7+ Years Preferred