Overview
This role involves leveraging deep expertise in credit risk frameworks to influence how financial institutions assess, validate, and improve critical credit risk models. The position is for a Senior Credit Risk Modeler responsible for evaluating credit scoring models, validating PD (Probability of Default), LGD (Loss Given Default), and EAD (Exposure at Default) methodologies, and ensuring regulatory compliance across risk-modeling workflows.
This is a fully remote, flexible contract opportunity designed for experienced quantitative professionals seeking meaningful, high-impact work on their own terms.
- 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 identify 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
- Solid background in credit risk modeling, quantitative finance, or applied statistics
- Deep, hands-on understanding of PD, LGD, and EAD metrics and regulatory risk concepts
- Strong analytical thinking with the ability to communicate findings clearly 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, intellectually stimulating credit risk challenges
- Freelance autonomy combined with meaningful, ongoing project work
- Potential for recurring engagements as new model validation cycles launch
Location
- Remote (work from anywhere)