
Lead Model Developer
Bread Financial
full-time
Posted on:
Location Type: Hybrid
Location: New York • Ohio • United States
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Salary
💰 $120,500 - $218,300 per year
Job Level
About the role
- Design and build quantitative and qualitative models for Treasury and Capital Stress Testing
- Execute complex statistical and non-statistical financial models
- Analyze inputs, processing, and outputs for useful insights
- Maintain comprehensive model documentation and operational processes
- Ensure model Monitoring and Maintenance (M&M) standards
- Engage with FDIC regulators, MRM, and Audit
- Communicate model purpose, design, execution, and adjustments
Requirements
- Bachelor’s Degree in Finance, Economics, Business, Statistics
- 8+ years of experience in Model Development
- Experience with Model Documentation
- Engagement with Regulators and Audit
- Partnership with diverse partners
- Master’s Degree in Finance, Economics, Business, Statistics (Preferred)
- 10+ years of experience in model-related fields (financial, statistical, operational, risk modeling)
- Skills in Financial Econometrics, Linear Regressions, Logistic Regression Models, Written Communication, Financial Modeling in Excel, Relationship Management, Critical Thinking, Python for Data Analysis, Pandas, PySpark
Benefits
- medical, prescription drug, dental, vision, and other voluntary benefits
- basic and optional life insurance
- supplemental medical plans
- short and long-term disability
- 401(k) plan
- six weeks of 100% paid parental leave
- 11 paid holidays
- Flexible Time Off (FTO) program
- 80 hours of Paid Sick and Safe Time (PSST)
- purchase company stock during offering periods
- annual incentive bonus based on individual and company performance
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Model DevelopmentModel DocumentationFinancial EconometricsLinear RegressionsLogistic Regression ModelsFinancial Modeling in ExcelPython for Data AnalysisPandasPySpark
Soft Skills
Written CommunicationRelationship ManagementCritical Thinking
Certifications
Bachelor’s Degree in FinanceBachelor’s Degree in EconomicsBachelor’s Degree in BusinessBachelor’s Degree in StatisticsMaster’s Degree in FinanceMaster’s Degree in EconomicsMaster’s Degree in BusinessMaster’s Degree in Statistics