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Mizuho · 1 day ago

Credit Risk Analytics - Team Lead

New York, NY

Full-time

Hybrid

Director/Executive

$225K/yr - $250K/yr

10+ years exp

Mizuho Americas Enterprise Risk Management is seeking a highly skilled Executive Director with extensive hands-on experience in Quantitative Credit Modeling to join their dynamic and high pace growing team in New York City. This role focuses on the quantitative model development, issue remediation, and maintenance of advanced credit risk models and risk analytics for wholesale credit risk models, ensuring alignment with regulatory requirements and business objectives.

BankingFinancial ServicesImpact Investing

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Manage a team of 7 quantitative developers focused on specialized credit risk analytics supporting credit stress testing, CECL, and rating models

Cooperate with the business to design, develop, and calibrate credit risk models (such as PD, LGD, EAD) for wholesale and commercial portfolios, including stress testing (CCAR/DFAST), CECL, and Basel III/IV-compliant risk rating frameworks, as well as Advanced Internal Rating models for industry sectors and specific portfolios

Oversee ongoing support and refinement of existing suite of credit models; develop methodology & algorithms for new models and analytics

Perform ongoing model monitoring testing, and sensitivity analysis to ensure robustness across economic cycles

Manage the implementation of model changes, enhancements and remediation plans using advanced statistical tools and techniques

Work with stakeholders across business and functional teams, including Model Risk Management, during model development, validation, and implementation to ensure rigorous testing, well-documented methodologies, and compliance with internal and regulatory requirements

Define standards and work with IT business partners on model execution platform development and maintenance of existing code for Credit Risk models

Support internal and external remediation, regulatory submissions discussions with regulators and control functions as a subject matter expert, and address feedback from examiners (e.g., SEC, FRB), and Internal Audit

Stay current with advancements in credit risk modeling (e.g., AI/ML applications)

Benchmark against industry best practices and peer institutions

Train, develop and supervise a team of quantitative analysts

Qualification

Credit risk modelingQuantitative FinanceRegulatory complianceProgramming languagesStatistical methodsTeam managementData visualization toolsCommunication skillsProject management

Required

10+ years of experience in credit risk modeling, with a focus on wholesale portfolios at large(s) financial institution(s)

3+ years of experience managing a team of credit risk quants

Master's or PhD in Quantitative Finance, Statistics, Mathematics or related field

Deep knowledge of credit risk modeling for wholesale and corporate portfolios with practical implementation experience, including experience with Moody's suite of models (CMM, EDF, Portfolio Analyzer)

Track record in developing regulatory-compliant models (CCAR, CECL, Basel III/IV)

Experience with large datasets and familiarity with banking products (e.g., corporate loans, CRE, leveraged finance)

Experience with programming languages (Python, R, SAS, Stata), SQL databases, and data visualization tools (PowerBI, Tableau)

Experience supervising code development/update and integration into an analytical platform

Expertise in statistical methods: regression analysis, time series forecasting (e.g., Bayesian inference, tools for regime switching), machine learning (e.g., XGBoost, TensorFlow)

Demonstrable experience in managing audit and regulatory interactions

Strong project, management and organizational skills, and ability to manage multiple priorities in a fast-paced regulatory environment

Strong communication skills to translate technical concepts for non-technical stakeholders

Preferred

Knowledge of credit risk platforms (e.g., Moody's EDF, RiskCalc, CreditEdge) and cloud environments (AWS, Azure)

Benefits

Medical

Dental

401K plans

Discretionary bonus

Company

Mizuho

This is not your typical financial institution. It’s our people who make us a cut above.

Tokyo, Tokyo, JPN

10001+ employees

https://www.mizuhogroup.com

H1B Sponsorship

Mizuho has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (49)

2024 (23)

2023 (43)

2022 (12)

2021 (10)

2020 (1)