CECL Model Development & Implementation Lead

About the role

Leads Current Expected Credit Losses (CECL) model development, enhancement, and end-to-end implementation initiatives, focusing on improving model performance, expanding coverage across new segments, and ensuring models are production-ready within a scalable and automated framework.

Responsibilities

• Develops and implements Current Expected Credit Losses (CECL) models for material segments without existing coverage, including assessing portfolio characteristics and identifying key risk drivers.
• Leads model enhancement and replacement strategy for underperforming models, including reassessment of assumptions, data inputs, and model structure.
• Executes end-to-end model development lifecycle, including calibration, testing, documentation, validation readiness, production deployment, and model performance monitoring.
• Applies strong understanding of cash flow-based CECL methodologies, including lifetime loss estimation, prepayment, and charge-off dynamics.
• Identifies opportunities for system automation and process improvement across data preparation, model execution, and testing.

Requirements

• Extensive experience in model development, testing, and production implementation across multiple asset classes, including CRE, C&I, and consumer portfolios.
• Strong programming skills in Python, SAS, and SQL.
• Experience in model performance evaluation and back-testing.
• Strong expertise in CECL / ACL frameworks and stress testing.
• 5+ years of role-specific work experience (7+ years preferred).

Preferred Qualifications

• Master’s degree and above in Economics, Finance, accounting, or related areas.
• Experience with Moody’s platforms.

Benefits

• Medical, dental, vision & HSA/FSA.
• 401(k) savings.
• Paid holidays & generous PTO.
• Additional wellness & voluntary benefits.
• Tuition reimbursement.
• Commuter benefits.
• Life and disability insurance.

Pay

$143,581 - $194,257

EverBank, N.A. is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.