New York Community Bank Stress TestingQuantRiskModlr in Cleveland, Ohio


A Stress Testing Quantitative Risk Modeler, working under limited supervision, assists with the model development and documentation as it relates to stress testing. Additional responsibilities include the creation and enhancements to various models as well as acting in a governance role on other modeling efforts. Provides risk management and measurement services in the areas of credit risk, market risk, liquidity risk, operational risk and model risk.


Responsible for developing, implementing and maintaining models used in the corporation s risk management. Specific duties include: Assists with the development of quantitative models and performs stress testing in the following areas; credit risk, (including probability of default), loss given default, exposure measurement, loan loss reserving, market risk (including daily value at risk), pricing models, counterparty credit risk, prepayment risk, and liquidity risk (including building regulatory liquidity calculations). Translates models into recommendations to help satisfy risk objectives. Assists in the background design, test, collection, analyses and running of the models. Presents and simplifies complex information into easily comprehended presentations and reports. Works on a team that develops capital stress test models to be used to conduct predictive modeling. Assists in developing methodologies and assumptions to produce highly correlated results from historical data applied to projected loan originations. Conducts financial, econometric and statistical analysis of data. Develops and maintains modeling, analytic, and reporting procedures.


Bachelor Degree in Finance, Economics, Statistics, Mathematics or other advanced quantitative field. Master s preferred. Minimum of three (3) years of relevant work experience in finance related field, including at least two (2) years of experience in a financial institution conducting complex quantitative modeling and validation.


Thorough knowledge of finance and capital markets. Thorough knowledge of statistical or analytical modeling language such as R, S-Plus and SAS. In-depth understanding of multivariate statistics.


New York Community Bancorp, Inc. (NYSE:NYCB) is the 20th largest bank holding company in the nation, a leading producer of multi family loans in New York City, and a national aggregator of one to four family loans. Our Family of Banks consists of two bank subsidiaries, New York Community Bank and New York Commercial Bank. Our banks serve consumers as well as businesses. With over 270 branches in five states New York, New Jersey, Ohio, Florida and Arizona, we are able to provide clients with a wide range of financial solutions tailored to their needs. Learn more about NYCB and the services we offer at .

BRANCH OUT and help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around. Be sure to let them know how they can become a part of the NYCB family.

NYCB is an equal opportunity employer that prohibits discrimination in hiring or terms and conditions of employment on the basis of race, color, religion, sex, sexual orientation, age, national origin, disability, citizenship, covered veteran status, genetic predisposition, marital status, military status, gender identification or any other legally recognized protected basis under local, state or federal law, regulations or ordinances. In addition, NYCB complies with all applicable laws which govern nondiscrimination in employment in every location in which NYCB does business.

Job: Business Analytics

Title: Stress TestingQuantRiskModlr

Location: Ohio-Cleveland-OH Corporate Office

Requisition ID: 170000UX