Model Execution Specialist

Bread Financial•Columbus, PA

1d•Hybrid

About The Position

Every career journey is personal. That's why we empower you with the tools and support to create your own success story. Be challenged. Be heard. Be valued. Be you ... be here. Job Summary The Model Execution Specialist is responsible for performing model execution activities including data collection and preparation, review and challenge of model inputs, execution of statistical and non-statistical models, detailed performance analysis of model outputs, designing, testing, and implementing necessary model adjustments, and other ad-hoc analysis as required. Additionally, the Model Execution Specialist will prepare insightful and actionable presentations of supporting materials to internal and external stakeholders including executive leadership, auditors, and regulators. This role also participates in implementation activities related to new models, including identification and presentation of impacts to stakeholders.

Requirements

Bachelor’s Degree in finance, statistics, economics, or related field of study or equivalent, relevant work experience
5+ years experience with model development, execution, and analysis in a financial company
Strong tactical knowledge of CECL and stress testing.
Financial Modeling
Financial Acumen
Technical Acumen
Virtual Collaboration
Python (Programming Language)
Hyperion Essbase
Microsoft Excel Advanced
SQL

Nice To Haves

7+ years experience or more within model development, execution, and analysis within the credit card industry.

Responsibilities

Execute assigned models to produce outputs as required.
Analyze inputs, processing, and outputs to glean actionable insights for leadership.
Anticipate, develop, and defend required model adjustments.
Proactively enhance model execution processes, related control environment, and derived insights. - (20%)
Summarize results into key insights that are easy to understand and useful for operations and strategic decision-making. Expand suite of analytical insights to gain deeper understanding of business drivers. - (20%)
Present key findings and recommended solutions to internal and external stakeholders. Develops key content for analytical presentations that are easy to understand and insightful for non-technical audiences. - (20%)
Helps to maintains complete and accurate model and operational processes and procedures. Performs model monitoring and maintenance, reviews, and remediation when necessary. Establish and perform necessary controls and assist with risk and control self-assessments. Ensure that adequate supporting documentation is preserved for model validators and reviewers as well as regulators. - (20%)
Partner with internal stakeholders to support model development activities with an execution and business implementation focus. - (10%)
Looks for and implements continuous improvements to existing processes and procedures. - (10%)

Benefits

Bread Financial offers medical, prescription drug, dental, vision, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability) to eligible associates (regular full-time associates scheduled to work 30 hours per week or more) and their spouses/domestic partners, and child(ren) under the age of 26.
New associate elected coverage begins on date of hire (with the exception of disability coverage which has a 6-month waiting period).
Six weeks of 100% paid parental leave for eligible parents is available after a 180-day waiting period.
Hired associates can immediately enroll in Bread Financial’s 401(k) plan.
All associates receive 11 paid holidays.
Associates have discretion in managing their time away from work through the Flexible Time Off (FTO) program and may need to notify and receive approval from their manager prior to taking the time off.
Associates (except those located in Illinois) receive 80 hours of Paid Sick and Safe Time (“PSST”) upon hire and at the beginning of each subsequent calendar year.
Illinois associates receive 40 hours of Illinois PSST upon hire and at the beginning of each subsequent calendar year and 40 hours of Illinois Paid Leave upon hire and at the beginning of each subsequent calendar year. Illinois Paid Leave must be used before associates in Illinois will be approved to take FTO.
Hired associates will be able to elect the purchase company stock during offering periods in June and December.
You will be eligible for an annual incentive bonus based on individual and company performance.