• SALARY:NONE
  • New York, New York

New York, New York

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Job Requisition ID90320

Hybrid - 3 days per week

Location Designation

Location New York, NY

Offered Wage $151,500.18/year

Duties

Education & Experience Requirements

Or, alternatively

Bachelors degree in Mathematics, Statistics, Operations Research, Economics or other quantitative discipline (willing to accept foreign education equivalent) and five (5) years of experience as a Quantitative Analyst (or closely related profession) performing model validation or model development in the banking, insurance or consulting industry.

Required Skills

(2) Assessing aggregate model risk and identifying potential and emerging model risks within the finance or insurance industries

(3) Performing model testing and building challenger models during asset management, financial or machine-learning model validation leveraging one or more of the following languages R, Python, MATLAB, and C++

(4) Performing model calibration assessment, model performance assessment, sensitivity and stability testing, back testing, and benchmarking against challenger models during asset management, financial, capital or machine-learning models validation leveraging Cox regression modeling for debt rating and economic forecasting models and,

(5) Reviewing model documentation relative to asset management, capital, financial or machine-learning model validation leveraging the Board of Governors of the Federal Reserve System's SR 11-7 Guidance on Model Risk.

Eligible for Employee Referral Program.

This notice is being provided as a result of the filing of an application for permanent alien labor certification for the relevant job opportunity. Any person may provide documentary evidence bearing on the application to the Certifying Officer, U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington, DC 20210.

Exempt

Overtime eligible

No

Discretionary bonus eligible

No

Sales bonus eligible

Click here to learn more about our

benefits

. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

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Were proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses Be Good At Life. To learn more, please visit

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Job Requisition ID90320