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Senior Modeling Analyst - San Bruno

Nomis Solutions is the leading provider of Pricing and Profitability Management solutions to the financial services industry. We are headquartered in San Bruno, California, with offices in London and representation in New York, Toronto, Atlanta, and Johannesburg, South Africa. We've been leading the charge to move an entire industry from a cost-plus pricing methodology to a pricing methodology based on deep understanding of customer demand and price elasticity. In the process, we've analyzed and priced over $400 billion in consumer accounts across a wide variety of banking products and generated over $400 million in measurable profit improvements for our customers. We feel that this is a great "win-win" opportunity: we can help banks make money by better targeting and pricing their products so that the right customers get the right product at the right price.

We've developed Nomis Score, an exciting and powerful new pricing tool, used to take a deep dive into customer-level price sensitivity. Once segmented, this granular approach can be used to truly comprehend an individual customer's preferences between brand, service, product features, access, and their willingness to pay. We're looking for a motivated Senior Modeling Analyst to join our talented San Bruno, CA, team and help drive continued development and growth of Nomis Score.

For more information on Nomis please visit our web site at http://www.nomissolutions.com

Responsibilities:
  • Lead efforts to develop, maintain and enhance the Nomis Score to ensure model robustness over time and across application
  • Lead client facing score validation projects that clearly demonstrate the business value the Nomis Score can provide to the user, ensure project timelines are met, engage frequently with client to ensure expectations are set correctly and exceed client expectations
  • Recommend ideas to substantially enhance model robustness (new data sources, new analytic techniques, enhanced model form recommendations), create plan to incorporate these enhancements, lead effort to enact plan
  • Package research and client score findings into market facing communications that showcase our value and entice prospects to purchase solutions. Present findings internally as well as to external facing entities
  • Interact closely with other groups to understand other solution offerings and generate ideas for how Nomis Score could be integrated into these other offerings and how the incremental benefit can be quantified
  • Continually assess current score development and validation processes/procedures and make recommendations for areas of improvement and take leadership role to drive these improvement opportunities
  • Manage direct reports as needed by setting targeted objectives, providing direction and feedback on frequent basis, helping to set work load priorities

Required Skills & Experience:

  • Strong analytical problem-solving skills. Demonstrated ability in solving complex business problems and "outside the box thinking" leveraging advanced analytics
  • Strong understanding of P&L for financial services industry
  • 5+ years of analytic/predictive modeling (with focus on demand or price elasticity modeling) experience in financial industry
  • B.S. in a quantitative field such as applied mathematics, economics, operations research, or management science mandatory - Masters or Ph D preferred
  • Previous experience in consumer banking (preferably in Marketing) with working knowledge of US and International Credit Bureau data is highly desirable
  • Strong SAS and Excel knowledge

Personal Skills:

  • Ability to work independently and efficiently on projects with attention to detail and to deliver exceptional results within aggressive deadlines
  • Ability to work in a high-energy start-up environment
  • Ability to be flexible and work collaboratively with internal team members to ensure all deliverables are fully aligned with the business strategy
  • Demonstrated ability to communicate technical and analytic approaches and results to various groups
  • Excellent presentation skills and client facing experience
  • Willingness to travel (30%)

Instructions for Application:
Please send your resume with "Senior Modeling Analyst" to: jobs@nomissolutions.com

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