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Statistical Modeler II
Category: Banking
  • Your pay will be discussed at your interview

Job code: lhw-e0-90668425

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Sallie Mae

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  Job posted:   Thu Jun 7, 2018
  Distance to work:   ? miles
  5 Views, 0 Applications  
Statistical Modeler II
**Statistical Modeler II**

**Req ID** R01796


**Sallie Mae** is proud to help Americans aspiring to create the life they want--whether that means helping them make college happen, or something more. Our colleagues across departments and across the country are united in our passion and our customer-first approach. Whether you want to join a growing company, be part of an agile workforce, or gain new skills--you're in the right place.

**Position Summary:**

This position requires in depth knowledge of advanced statistical, mathematical, risk, and behavior modeling theories and techniques and coding languages such as SAS, SQL, R, and Python. Responsibilities will include model development, design, testing, implementation, validation and other ad-hoc analytics for optimal business decision making, risk assessment, execution, and management, and financial evaluation in the company core modeling space. The successful candidate should have sound statistical understanding and solid quantitative training in the statistics and econometrics related fields. The candidate should possess high level quantitative modeling skillsets, such as but not limited to linear regression, logistic regression, time series, survival analysis, cluster analysis. The candidate will be expected to build robust statistical models end-to-end in accordance with industry standard practice and company policy within the internal and external regulatory compliance framework. All aspects of model development will be expected such as: pulling development data, model design, model back testing, model documentation and model validation. Candidate will be expected to put together detailed presentations giving an overview of any model built to explain model results and business insights and recommendations to senior management. A good team-player and communicator to be able to collaborate effectively and efficiently.

**Key Responsibilities:**

**Model Development and Documentation - 75%**

+ Develop statistical models for application in credit, response, behavior, and collection areas using techniques such as OLS, Logistic Regression, Decision Tree, Cluster Models, time series, etc.
+ Document model in accordance with Model Risk Management Policies and Procedures
+ Work with internal and external parties to have model validated and approved by the Model Risk management committee
+ Present model results to senior management and appropriate committees
+ Perform on-going model monitoring and model testing and update the developed model as required

**Model Validation - 15%**

+ Perform model validations for other internally built models
+ Write up detailed validation reports which show the effective challenge of model design and theory used
+ Present findings of validations to senior management

**Ad Hoc Analysis - 10%**

+ Respond to requests for data and analytics needed by senior management team
+ Develop presentations and analysis for the support of operational changes, board of director updates and external groups
+ Analyze portfolio performance



+ Master's degree in a quantitative field such as statistics, economics, or mathematic


**Must Have:**

+ 3- 5 years of financial services environment working experiences with focusing on data manipulation and data analysis using SQL, SAS, R or comparable coding language
+ 2 years of model development experiences in financial services industry
+ In depth knowledge of statistical models and data mining technique

**Knowledge, Skills and Abilities:**

+ Excellent verbal, written and presentation communication skills
+ Strong oral and written communication skills required to effectively and concisely present key findings to senior management is a must
+ Strong working knowledge in presenting quantitative data via PowerPoint, Excel, Word, etc.
+ Demonstrated ability to effectively manage multiple priorities in a fast-paced, time sensitive environment
+ Solid knowledge of financial services industry and the products and services offered
+ Ability to consistently meet expected deadlines
+ Excellent written and verbal communication skills
+ Ability to simultaneously manage and organize multiple projects
+ Ability to recognize/analyze/resolve system and procedural problems
+ Ability to lead and coordinate activities of a project group
+ Ability to perform well under pressure and to work independently with high levels of initiative
+ Excellent organizational skills

EEO Employer Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. Sallie Mae is a drug free workplace.

**Type** Full-time

**Location** Newark, DE

**Date Posted** Jun 5, 2018

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