Credit Risk Quantitative Analyst

New York Life is seeking a Credit Risk Quantitative Analyst. This position will assist the Credit Risk Management team in maintaining the global credit risk quantification. The candidate will be involved in assisting with credit risk identification, quantification and reporting of risk metrics and credit portfolio risk mitigation strategies. Compile credit risk stress/sensitivities for the dedicated business review and credit risk dashboard. Support/analyze/propose credit risk reduction strategies. Research the econometric and financial academic and industry literature to keep current with the best practices of the PD, LGD, EAD and credit capital modeling framework. Analyze the model’s default, recovery and correlation risk input assumptions. Assist in developing, Reviewing and recommending credit risk limits. Develop Credit Risk Early Warning System.

According to JobzMall, the average salary range for a Credit Risk Quantitative Analyst in 51 Madison Ave, New York, NY 10010, USA is $99,000 - $131,000.

New York Life Insurance Company is the third-largest life insurance company in the United States, the largest mutual life insurance company in the United States.