Consumer Credit Risk Strategies - Data Scientist - Model Development

Fifth Third Center Chicago, United States

Fifth Third Bank

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GENERAL FUNCTION:

The Quantitative Analyst II is responsible for following established guidelines and identifying and resolving problems. Individual at this level is expected to use some independence of thought but to refer more complex problems to supervisors or other experts. Individual would be expected to contribute to work flow or process change and redesign, and to form a strong basic understanding of the specifies product or process. May also be accountable for regular reporting or process administration as owner.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Provide quantitative modeling development and management support throughout the Fifth Third retail lending portfolios overseen by Consumer Credit Risk Strategies Team.
  • Implementation and modeling of consumer credit risk quantitative models focusing on machine learning techniques.
  • Provide ongoing support to the development and implementation of quantitative and statistical models.
  • Developing, maintaining, and back testing models to support respective LOBs.
  • Responsibility for ad-hoc reporting requests for quantitative modeling.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Bachelor's college degree (Master’s degree preferred) in quantitative analytics, economics, statistics, engineering or a related area.
  • Minimum 3 years of experience in statistical/econometric modeling and database management.
  • Strong verbal and written communication skills.
  • Strong analytical skills.
  • Ability to present a professional image.
  • Ability to work in a team environment.
  • Ability to multi-task and to be flexible.
  • Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary. Experience with Machine Learning models. Experience with Python, SAS, R and VBA is preferred.

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Consumer Credit Risk Strategies - Data Scientist - Model Development

Total Base Pay Range 69,800.00 - 143,100.00 USD Annual

LOCATION -- Chicago, Illinois 60606

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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Category: Data Science Jobs

Tags: Banking Credit risk CX Economics Engineering Excel Machine Learning ML models Python R SAS Statistics Testing

Perks/benefits: Career development

Region: North America
Country: United States

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