Overview
This role involves evaluating credit scoring models, validating Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) methodologies, and ensuring regulatory compliance across credit risk modeling workflows. It is a fully remote, flexible contract position designed for experienced quantitative professionals seeking impactful work on their own schedule.
- Type: Hourly Contract
- Location: Remote
- Commitment: Flexible
Responsibilities
- Analyze credit risk models and rigorously validate their underlying assumptions
- Review PD, LGD, and EAD frameworks for accuracy and completeness
- Identify inconsistencies in risk scoring logic, segmentation criteria, and model architecture
- Summarize model performance and highlight areas requiring recalibration or redesign
- Assess regulatory alignment and evaluate the quality of model documentation
- Support recurring reviews of credit risk datasets and scoring outputs
Requirements
- Strong background in credit risk modeling, quantitative finance, or applied statistics
- Deep, hands-on understanding of PD, LGD, and EAD metrics and regulatory risk concepts
- Excellent analytical skills with the ability to clearly communicate findings in writing
- Proven ability to work independently and deliver structured, high-quality assessments
Preferred Qualifications
- Experience working with or within financial institutions, banks, or lending platforms
- Familiarity with Basel II/III, IFRS 9, or other regulatory credit risk frameworks
- Background in model validation, model risk management, or internal audit functions
Compensation & Benefits
- Fully remote and flexible work schedule
- Opportunity to engage with complex credit risk challenges
- Freelance autonomy combined with meaningful, ongoing project work
- Potential for recurring engagements aligned with new model validation cycles
Location