General Electric Capital Corporation

Position Title/Short Description

Full Text of JOE Listing:

Role Summary:
The Senior Modeling Manager leads the development, management and continuous enhancement of GE Capital’s quantitative risk methodologies. This is a leadership position in a relatively large quantitative team (100+ quants). In this role, the developer will interact with GE Capital's senior leadership team, its business units globally, banking regulators, and GE’s Global Research Center.

Responsibilities:
• Lead development of models used for regulatory stress tests, regulatory capital, and economic capital
• Model development focus is on Commercial Probability of Default, Loss Given Default, and Exposure forecasting, but roles also exist in Valuation, Market Risk, and Pre-Provision Net Revenue modeling
• Manage of team of junior/mid-career analysts to support the candidate’s modeling activities
• Provide leadership evaluating latest developments in risk methodologies from academia, regulatory bodies, and industry

Qualifications:
• Ph.D. in a quantitative discipline (e.g. Economics, Finance, Statistics, ...)
• 5+ years of relevant experience, either in industry, or applied empirical-based academic research
• Experience in managing quants
• Excellent written/oral communication skills, with ability to write technical documents
• Advanced programming skills (e.g., SAS, R, Matlab, C++, Python, SQL, VBA, …)
• Expertise in relevant regulatory requirements and expectations, including Basel/CCAR frameworks
• Experience interacting with regulators