Data Scientist I, MIRS

Posted 8 Days Ago
New York, NY
83K-104K Annually
Entry level
Fintech • Real Estate • Financial Services
The Role
As a Data Scientist I, perform data modeling, framework development, and validation of credit models. Analyze data trends, prepare reports, and recommend credit risk strategies.
Summary Generated by Built In

Position:                      Data Scientist I, MIRS

Location:                     New York, NY 

Description of work to be performed:

Perform data modeling and analysis, analytical framework development and the estimation and validation of credit models. Perform programming in support of model estimation, implementation, monitoring, and back testing. Develop and maintain cloud-based modeling frameworks. Prepare model estimation and design for delinquency, default, prepayment and claim severity. Perform analysis of standard reporting and model performance. Perform model development and methodology research. Create analytical presentations and communication of strategic business findings to management. Perform analysis and recommend alternative credit structures, risk sharing arrangements, and non-traditional manners in which to participate and take on credit risk as appropriate and necessary. Perform data manipulation of large files (R, Python, or SAS datasets) to identify trends and make recommendations and adjustments to credit or portfolio guidelines as necessary. Perform other duties as assigned or apparent.

Qualifications / Requirements:

Bachelor’s degree, or foreign degree equivalent, in Finance, Economics, Mathematics, Statistics or a related field and 1 year of related experience. The position also requires 6 months of understanding of mathematical, statistical, and probability modeling; 6 months of econometric and quantitative finance concepts; 6months of strong analytical background, along with the ability to identify trends and make recommendations based on sound business judgment; 6 months of knowledge of SAS, R, C++ or python for data analysis and modelling; 6 months of data manipulation of large files (R, Python, or SAS datasets). Telecommuting may be permitted. When not telecommuting, must report at 275 Madison Ave, Suite1501, New York, NY 10016. <10% travel required. 40 hrs/wk, 8:00am-5:00pm, M-F, $82,763.00 - $103,700.00 per year.

Radian Guaranty Inc. will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background check and drug screen (as applicable).

In the alternative, employer will accept a master’s degree or foreign degree equivalent, in Finance, Mathematics, Statistics, or a closely related field and 6 months of experience. The position also requires 6 months of understanding of mathematical, statistical, and probability modeling; 6 months of econometric and quantitative finance concepts; 6months of strong analytical background, along with the ability to identify trends and make recommendations based on sound business judgment; 6 months of knowledge of SAS, R, C++ or python for data analysis and modelling; 6 months of data manipulation of large files (R, Python, or SAS datasets). Telecommuting may be permitted. When not telecommuting, must report at 275 Madison Ave, Suite1501, New York, NY 10016. <10% travel required. 40 hrs/wk, 8:00am-5:00pm, M-F, $82,763.00 - $103,700.00 per year.

Radian Guaranty Inc. will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background check and drug screen (as applicable).

https://careers.radian.com/us/en

REQ - R20250046

#LI-DNI

Defining Roles for Radian's Future

Understanding the qualities and characteristics that define a Leader and an Employee is important to ​building our future-fit workforce. Radian's future is only as bright as its people. For that reason, our People Plan includes profiles to support the qualities and characteristics that each Leader as well as each Employee should embody upon hire or via development.

EEO Statement

Radian complies with all applicable federal, state, and local laws prohibiting discrimination in employment.  All qualified applicants will receive consideration for employment without regard to gender, age, race, color, religious creed, marital status, gender identity, sexual orientation, national origin, ethnicity, ancestry, citizenship, genetic information, disability, protected veteran status or any other characteristic protected by applicable federal, state, or local law.

An applicant’s criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position.  The material duties include those listed in the “Primary Duties and Responsibilities” section above, as well as the ability to adhere to Company policies, exercise sound judgment, effectively manage stressful situations, work safely and respectfully with others, exhibit trustworthiness, and safeguard confidential information belonging to the Company and its customers.  Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

 

Equal Opportunity Employer Details

To learn more about Radian’s Code of Conduct and Ethics and workplace conduct, please click [here]. Radian participates in E-Verify [Link] (en español [Link]). Learn more about your rights under immigration laws [Link] (en español [Link]). View the "EEO is the Law" poster [Link]. View the "EEO is the Law" Supplement [Link]. View Pay Transparency Nondiscrimination Provision [Link].

 

Accommodation

Whether you require an accommodation for the job application or interview process, Radian is dedicated to a barrier-free employment process and encourages a diverse workforce. If you have questions about the accommodation process, please e-mail [email protected].

Please note that you may redact or remove age-related information that identifies your age, date of birth, or dates of attendance at or graduation from an educational institution on any additional application materials you submit as part of the application. Additional application materials include but are not limited to, resumes, CVs, transcripts, or certifications.

Top Skills

C++
Python
R
SAS
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The Company
Philadelphia, PA
1,479 Employees
On-site Workplace

What We Do

Radian Group Inc. (NYSE: RDN) and its family of companies is a catalyst for homeownership, transforming risk into opportunity through services and technologies that empower housing and capital market participants to act confidently.
Our industry-leading mortgage insurance, mortgage conduit, and comprehensive suite of mortgage, risk, title, valuation and asset management are forward-leaning solutions that shape the future of homeownership. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Visit www.radian.com to learn how the Radian family of companies is transforming the real estate and mortgage industries.
© 2024 Radian Group Inc. All Rights Reserved. 550 East Swedesford Road, Suite 350, Wayne, PA 19087. Mortgage insurance is provided and underwritten by Radian Guaranty Inc., a monoline mortgage insurance company licensed to write business in all 50 states, the District of Columbia and Guam. Mortgage purchases and sales completed by Radian Mortgage Capital LLC, Corp NMLS#: 1982356. Title insurance and title services are provided by Radian Title Insurance Inc., NAIC#: 51632, CA- License# 5093-0. FL – Title insurance license #51632, AZ – Title Insurer 51632 (not licensed in AK, HI, ID, IA, ME, NH, NJ, VT and WY) and Radian Settlement Services Inc., FL- Non-Resident Title Agency #A271379, AZ- Non-Resident Title Agent #1800016008. Title Insurance policies are underwritten by Radian Title Insurance Inc. Pyramid Platform, Prop Offers and single family rental services provided by Radian Real Estate Management LLC. Valuation services provided by homegenius Real Estate LLC and homegenius Real Estate Inc. (collectively dba homegenius Real Estate). 7730 South Union Park Avenue Ste 400, Midvale, UT 84047. Tel 877-500-1415. homegenius Real Estate LLC and its wholly owned subsidiary are licensed in every state and the District of Columbia. Additional licenses available at www.radian.com/licensing-disclosure

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