Python Developer Credit Risk & Quantitative Analytics

Phaxis LLC

New York, NY

JOB DETAILS
SALARY
$170,000–$200,000 Per Year
SKILLS
Amazon Web Services (AWS), Analysis Skills, Apache Hadoop, Apache Spark, Automation, Best Practices, Big Data, Cloud Computing, Computer Programming, Computer Systems, Credit Risk, Data Analysis, Data Quality, Data Science, Economics, Financial Risk, GCP (Good Clinical Practices), Git, Machine Learning, Mathematics, Microsoft Windows Azure, Model Validation, Problem Solving Skills, Python Programming/Scripting Language, Quantitative Analysis, Requirements Management, Risk, Risk Analysis, Risk Management, Risk Modeling, SQL (Structured Query Language), Software Development Lifecycle (SDLC), Software Engineering, Source Code/Configuration Management (SCM), Statistics
LOCATION
New York, NY
POSTED
30+ days ago
Salary is 170k to 200k + bonus

We are seeking a highly skilled Python Developer with strong experience in credit risk analytics and quantitative modeling to join our dynamic risk management team. The ideal candidate will combine programming expertise with a deep understanding of financial risk, providing robust models, automation, and analytical tools to support data-driven decision-making.

Key Responsibilities:

  • Develop, maintain, and optimize Python-based applications for credit risk modeling, scoring, and reporting.

  • Design and implement quantitative models to measure, monitor, and predict credit risk across portfolios.

  • Collaborate with risk analysts, quants, and data scientists to translate business requirements into scalable software solutions.

  • Conduct data analysis and validation, ensuring high-quality inputs for risk models.

  • Automate risk reporting, stress testing, and scenario analysis workflows.

  • Implement best practices in coding, version control, and model governance.

  • Stay current with industry trends in credit risk, regulatory requirements, and quantitative finance.

Required Qualifications:

  • Strong Python programming skills, including experience with libraries such as pandas, NumPy, SciPy, scikit-learn, or PyTorch.

  • Solid experience in credit risk modeling (e.g., PD, LGD, EAD models, Basel II/III frameworks).

  • Strong quantitative and statistical skills, including regression, time series, or machine learning techniques.

  • Familiarity with databases and SQL for data extraction and manipulation.

  • Experience with version control (Git) and software development lifecycle best practices.

  • Excellent problem-solving skills and the ability to translate complex quantitative concepts into actionable solutions.

Preferred Qualifications:

  • Advanced degree in Mathematics, Statistics, Financial Engineering, Economics, or related field.

  • Knowledge of regulatory requirements related to credit risk (e.g., Basel, IFRS 9).

  • Exposure to cloud computing platforms (AWS, GCP, Azure) or big data tools (Spark, Hadoop).

  • Experience in backtesting, model validation, or risk automation frameworks.

About the Company

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Phaxis LLC

We stand for PERSEVERANCE, as we refuse to quit when the journey gets tough. Your gold is our mission, and we search day and night to find it.
COMPANY SIZE
50 to 99 employees
INDUSTRY
Staffing/Employment Agencies
FOUNDED
2002
WEBSITE
https://phaxis.com/