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Software Technology Inc.

Credit Model Developer

Software Technology Inc., New York, New York, us, 10261

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Software Technology Inc. provided pay range This range is provided by Software Technology Inc. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $60.00/hr - $70.00/hr

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Non-IT Team Lead @ Software Technology Inc. | LinkedIn Certified Recruiter Job Title:

Credit Model Developer

Location:

New York, USA

Interview Process:

2 Rounds – 1 Virtual & 1 Face-to-Face

Duration:

Long Term Contract

Job Summary: We are seeking a skilled Credit Model Developer with strong expertise in Python and PySpark, coupled with a solid statistical or quantitative background. The ideal candidate will have experience in credit risk model development (PD, LGD, EAD, ALLL) and a deep understanding of rating models used in financial institutions.

Key Responsibilities:

Develop, enhance, and implement credit risk models (PD, LGD, EAD, ALLL) using Python and PySpark.

Work closely with quantitative teams to design, test, and validate model frameworks.

Perform statistical analysis, model calibration, and performance monitoring.

Collaborate with business and risk teams to translate regulatory and business requirements into model specifications.

Prepare documentation and support internal/external model reviews.

Required Skills & Qualifications:

Strong programming skills: Python and PySpark (hands‑on experience required).

Quantitative / Statistical background – degree in Statistics, Mathematics, Engineering, Financial Engineering, or related field.

Proven experience in credit risk model development (PD, LGD, EAD, ALLL).

Experience working on rating models within financial or banking domains.

Note: This role focuses on model development — model validators are not required.

Nice to Have:

Experience with regulatory model frameworks and governance processes.

Familiarity with large‑scale data environments and distributed computing.

Seniority level:

Mid‑Senior level

Employment type:

Contract

Job function:

Finance

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