Position Title Financial Modeling & Analytics Modeler

Location Nationwide, MI 48098

Job Summary JOB SUMMARY A Financial Assets Modeler contributes to the design, build and operation of compliant quantitative models and producing analytics for current expected credit loss ("CECL"), macroeconomic scenarios ("Stress Testing"), and portfolio ("Loan Concentration") credit risk. Assists with the integration of all applicable inputs, outputs, calculations and analytics required by the Assets and Liabilities Management ("ALM") and the Allowance for Loan and Lease Losses ("ALLL/CECL") models. Responsible for working under the direction of the Financial Modeling and Analytics Manager Sr. with a moderate amount of direction.

The scope of model design and operation includes development, enhancement, maintenance, and execution of statistical and cash flow models; design, creation, testing and reporting of macroeconomic scenarios; support for governance, benchmarking, management, validation, and regulatory reporting pertaining to quantitative models; and the development, enhancement, maintenance, and execution of production control procedures within the integrated ALM/CECL/Stress Testing model frameworks.

A Financial Assets Modeler is responsible for developing and maintaining the skills and knowledge relevant to their assigned job responsibilities. In addition, the Modeler promotes and advocates the adoption of appropriate new methodologies for quantitative models and analysis that benefit the Bank. Provides assistance with identifying and designing quantitative solutions to problems as presented by management to further the Bank's strategic plans.

Pay Range: $73,625 - $95,713 - $117,801

Pay Range: $71,600.00 - $87,947.00 - $132,600.00

Job Responsibilities:

JOB RESPONSIBILITIES Performs extensive data analysis in support of financial planning, stress testing and reporting. Develops, tests, and documents internally developed quantitative models and analytics, including complex financial, econometric, and statistical frameworks primarily focused on risk management and financial reporting. Implements, tests, and documents externally developed and/or licensed models. Assists with the integration of models within the FMA Department and amongst other Bank departments to ensure consistency and accuracy across all model outputs. Develops, tests, and documents complex model execution procedures and controls to be run in an audited, production environment. Develops, tests, and documents procedures and controls for executing external, third-party models. Assists with the development and implementation of routine analytics and reports. Utilizes industry standard quantitative software, data science programming languages, database systems, and workstation productivity applications to produce required deliverables. Assists with the creation of management and regulatory reports containing descriptions of the development, testing, validation and execution of quantitative modeling and analytic outputs. Ensures compliance with model governance policies and procedures as an integrated feature of all quantitative modeling and analytic activities. Performs model governance procedures including the execution of required production controls; model, data and procedure version control; and end-user computing policies and guidelines. Assists with the analysis and documentation of Management, Internal Audit, Enterprise Risk Management and Regulatory findings and requirements. Assists with departmental cross-training and knowledge transfer to minimize staffing risk and promote effective communications.

ADDITIONAL ACCOUNTABILITIES Performs special projects, and additional duties and responsibilities as required. Consistently adheres to regulatory and compliance pol