Credit Risk Software Engineer, Associate

Union Bank, N.A. San Francisco , CA 94118

Posted 2 days ago

Description:

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.

Summary:

The Credit Risk Software Engineer position will assume the following responsibilities:

  • Design and implement: (i) Credit production processes, (ii) End-user analytic tools, and (iii) Credit loss forecast models.

  • Manage the software lifecycle including updates leveraging newer technologies, while fulfilling the requirements of various bank stakeholders.

  • Provide leadership in advancing: (i) Agile development, (ii) Process automation, (iii) Programming best practices and techniques within the team.

  • Work collaboratively with other bank teams, including: (i) Risk Management, (ii) Finance, (iii) Treasury, and (iv) Line of business Risk Owners.

Major Responsibilities:

  • Develop applications and solutions to analytical, implementation, and/or execution problems.

  • Maintain and enhance production risk management infrastructure, including: (i) Analytic models, and (ii) Data inventories.

  • Automate periodic risk reports/presentations on the following: (i) Key risk levels, (ii) Trends, (iii) Strategies, and (iv) Potential issues.

Qualifications:

  • Bachelor's degree required (prefer Masters) in Computer Science, Engineering, or related field (or foreign equivalent degree).

  • 3+ years of experience with two or more of the following programming languages: R, Python, C++, SAS, MATLAB, and version control system such as git.

  • Solid understanding of agile development and programming best practices. Passion for writing clean code.

  • Experience with cloud computing (e.g. AWS).

  • Project management knowledge coupled with the ability to work efficiently within a team.

  • Excellent critical thinking, problem-solving abilities.

  • Strong oral and written communication skills.

  • Understanding of statistical modeling techniques and elements of machine learning a plus.

  • Strong work accuracy and personal reliability.

To learn more about MUFG, review all current career opportunities, and apply please visit us online: www.mufg-americas.com/careers

The above statements are intended to describe the general nature and level of the work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.


See if you are a match!

See how well your resume matches up to this job - upload your resume now.

resumetriaasssdfel.jp… Change Resume
Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Credit Risk Analyst Vice Pr...

Union Bank, N.A.

Posted 2 days ago

VIEW JOBS 8/14/2018 12:00:00 AM 2018-11-12T00:00 Description: Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group. JOB SUMMARY The Credit Risk Analyst II will assist with, and own responsibilities for the following activities associated with uncertainty loss modeling, or in other words: Credit Economic Capital ("EC" also Simulated Credit Stress Loss ["SimSL"]) Calculation: * Advance the use of high performance computational loss modeling on MUFG credit portfolios. * Manage the Economic Capital monthly production process. * Enhance the existing EC analytical platform with an aim to expand Credit Strategies Group's capabilities in utilizing EC for managerial stress testing, concentration management, and business strategic planning (i.e. portfolio optimization). * Manage EC validation process. This role will work broadly with various teams involved in the MUAH and BTMUA's Concentration Framework, especially as it relates to use of the Economic Capital metric. Major Responsibilities: * Take a leadership role in expanding CSG's capabilities in utilizing EC for managerial stress testing, concentration management, and business strategic planning. * Lead the model updates on key parameter settings such as Correlation structure, PD/ LGD correlation and LGD volatility. * Assist on Credit Portfolio Risk Management projects by performing correlation and concentration analysis, hedge performance analysis, asset allocation and other portfolio management analysis; * Identify data and parameter improvements, portfolio and data settings enhancements within Risk Frontier. * Work with other team members within the Portfolio Analytics group as well as Credit Portfolio Management team to drill down on EC changes through PD, LGD, EAD, and Portfolio shifting or key setting changes. * Responsible for data processing, parameter estimation, impact analysis, and biennial Model Validation / Refinement. * Share the EC knowledge with other team members and continuously learn and gain knowledge in other risk analytical areas. Qualifications: * Prefer Master's Degree in Financial Engineering, Finance, Statistics, Mathematics or a related quantitative field (or foreign equivalent degree). * Requires 5-7 years of Credit Risk experience with knowledge of Moody's Analytics products (RiskFrontier). * Superior quantitative capabilities and demonstrated analytical skills. * Position requires strong project management and communication skills, as well as outstanding analytical abilities and the ability to work efficiently and independently. * Ability to work with large datasets – required. * Position requires application of strong analytical abilities, risk methodology knowledge and finance/banking knowledge to enhance the bank's risk analytics. * Expertise with R, Python, or SAS data programming languages, also SQL required. * Strong focus on accuracy and reliability, so as to ensure confidence in results Prior bank experience a plus, preferably from risk management. Knowledge in Software Engineering and Machine Learning a plus.The above statements are intended to describe the general nature and level of the work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category. Union Bank, N.A. San Francisco CA

Credit Risk Software Engineer, Associate

Union Bank, N.A.