Statistical Modeler for Banking Industry

beBee Careers is seeking a Statistical Modeler for the banking industry in Boston, MA. The role requires expertise in statistical analysis and Java programming. Responsibilities include developing VAR models, analyzing financial data, collaborating on risk management, and preparing reports. Candidates should have a degree in a relevant field and strong analytical skills. This is a full-time position.
Position Description:

We are looking for a Statistical Modeler with expertise in banking industry and statistical analysis. The successful candidate will have a strong background in Java programming, combined with knowledge of statistical analysis and programming techniques.

Key Responsibilities:
• Develop and implement VAR models using Java programming language.
• Analyze financial data to identify trends and patterns.
• Collaborate with cross-functional teams to optimize risk management strategies.
• Design and implement effective data management systems.
• Prepare comprehensive reports and presentations to communicate findings to stakeholders.

Essential Qualifications:
• Bachelor's or Master's degree in Computer Science, Mathematics, Statistics, Finance, or a related field.
• Strong proficiency in Java programming language with experience in software development.
• Solid understanding of quantitative finance concepts, particularly Value at Risk (VAR) methodologies.
• Excellent analytical and problem-solving skills.