Quantitative Risk Manager Position Available In Plymouth, Massachusetts

Quantitative Risk Manager, Rockland Trust Company (Brockton, MA): Willlead the development, enhancement, and validation of complex credit riskmodels including models with allowance for credit losses (CECL) andregulatory capital adequacy (CCAR/DFAST). Will apply advancedeconometric, statistical, and quantitative techniques to analyze creditrisk exposure across the Banks loan portfolio. Will ensure models adhereto banking industry standards, regulatory guidelines, and advancedquantitative methods. Will utilize sophisticated quantitative modelingmethods to estimate the allowance for credit losses (ACL) under CECLguidelines. Will implement predictive models to forecast loanperformance and accurately assess potential credit loss scenarios,safeguarding the Banks financial position. Will design and overseemodels used for capital adequacy assessments, including stress testing,to ensure compliance with regulatory capital requirements. Will performscenario analysis using quantitative methods to evaluate the Banks riskexposure under various macroeconomic conditions and ensure sufficientcapital reserves. Will manage and mentor a team of quantitative analystsresponsible for developing and maintaining complex risk models. Willfoster a culture of excellence, innovation, and collaboration within theteam to ensure the highest quality of quantitative analysis. Will engagewith internal and external auditors, regulatory bodies (Federal Reserve,OCC, FDIC), and model risk management teams to validate and reviewcredit risk models. Will work closely with business units, legal,compliance, and finance teams to ensure credit risk models align withthe Banks strategic objectives and regulatory requirements. Will prepareand present quantitative analysis, risk assessments, and stress testresults to senior management, executive committees, and the board ofdirectors. Will translate complex quantitative findings into actionablebusiness insights, ensuring clear communication with non-technicalstakeholders. Will ensure full compliance with regulatory expectationsregarding credit risk modeling, including adhering to CECL and SR 11-7model risk management standards. Will act as the subject matter expertduring regulatory exams, audits, and reviews, providing detailedjustifications for modeling approaches and assumptions. Telecommutingfrom within the U.S. allowed.

Minimum Requirements:

Bachelor’s degreein Business Analytics or a closely related field and 5 years ofexperience working in an occupation evaluating financial risk or in thealternative a Masters degree in Business Analytics or a closely relatedfield.

Special Requirements:

Must have any level of demonstratedknowledge of (coursework accepted): 1) statistics and time-seriesregression analysis; and 2) SQL, R, Tableau, Python. Any suitablecombination of education, training or experience is accepted. Qualifiedapplicants email resumes to Colleen Balboni, Vice President, Director,Talent Acquisition, at colleen.balboni@rocklandtrust.com with referenceto job code QRMLC25.