Credit Risk Model Manager jobs in United States
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Simmons Bank · 1 week ago

Credit Risk Model Manager

Simmons Bank is a company that values passion and customer focus in its operations. The Credit Risk Model Manager will lead efforts to monitor existing third-party default probability models and ensure compliance with relevant regulations while developing internal models for loan verticals not covered by existing models.

BankingFinanceFinancial Services
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H1B Sponsor Likelynote

Responsibilities

Documentation, monitoring, back testing, benchmarking, and sensitivity analysis of Moody’s models (RiskCalc and CMM) in accordance with FRB SR 11-07
Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training
Resolution of any internal/external audit findings
Root cause analysis for any model anomalies, inconsistencies, or unexpected results
Potentially develop internal default probability models for loan verticals that are not captured by existing models
Assist in regulatory exams and internal audit reviews related to credit risk modeling
Prepares and maintains model documentation and version control for internal and regulatory stakeholders
Performs other duties and responsibilities as assigned

Qualification

Credit risk modelingMoody’s modelsQuantitative analysisPythonSQL codingJudgmentCommunicationCritical ThinkingDecision MakingLeadership

Required

Proficient in reviewing and interpreting model documentation and research materials with a strong focus on quantitative and statistical analysis
Ability to read and interpret regulatory guidance and internal procedure documentation
Ability to write routine reports, procedures and business correspondence
Ability to respond in writing to audit findings customer complaints, regulatory agencies or member of the business community
Ability to translate complex quantitative concepts into actionable and meaningful business insights
Ability to effectively present information in one-on-one and small group situations, to customers, top management, public groups and/or boards of directors
MS Office programs
Proficiency in Python or R with knowledge of model development and statistical analysis
SQL coding

Preferred

MS/MA degree; post graduate education in econometrics, quantitative finance, applied mathematics, statistics, or related field is preferred
8+ years' experience in loan portfolio/credit risk modeling, preferably at a financial institution
Experience using Moody's suite of credit risk models

Company

Simmons Bank

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Simmons Bank serves customers through its rock-solid commitment to integrity, excellence, collaboration, and growth.

H1B Sponsorship

Simmons Bank 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 (6)
2024 (12)
2023 (3)
2021 (5)

Funding

Current Stage
Public Company
Total Funding
$625.09M
Key Investors
Eosera
2025-09-09Post Ipo Debt· $325M
2025-07-22Post Ipo Equity· $300.07M
2024-10-15Grant· $0.01M

Leadership Team

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Daniel Hobbs
Chief Financial Officer
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Chris Van Steenberg
Executive Vice President, Chief Operating Officer
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