Principal Architect, Modeling and Validation  Altisource® Labs is driving global software innovation at Altisource, one of NASDAQ’s fastest growing stocks, with an end goal of causing major disruption in the financial services industry and beyond.  Altisource Labs is a start-up in the best sense of the word. We have small, high-caliber, focused teams and a mission-driven culture. However, unlike most start-ups, we also have the swagger and financial stability of a billion dollar company. That combination means high financial upside with little risk; offering a unique chance to shift your career into hyper-drive.  Our mission is to transform entire industries. To do that, we need the best talent out there. The models we build matters to millions of people every day, and solves real world problems. It is complex. It is challenging. We are building a team to execute on that vision. What we do today is impressive. What we do tomorrow will be groundbreaking.  Consumer Analytics Division:  Right now we are in the initial stages of launching – and spinning out - our Consumer Analytics team as a separate business unit to drive powerful big-data analytics products and solutions. We are leveraging our deep expertise in consumer psychology, quantitative modeling and data science, and software technology, and coupling those with our built-in customer-base to launch scalable platform solutions into the Financial Services industry, Healthcare, Hospitality, Telecom, and more.  Position Profile:  You are passionate about applying mathematical modeling to solve real problems. You’re happiest when you can prove the impact of statistical models in generating business lift. You are capable of using off-the-shelf tools when they’re available, but you’re even happier rolling up your sleeves and doing it yourself. You want to work with a small team of modelers on cutting-edge modeling as a subject matter expert who knows the best practices around modeling and validation. And more than anything, you love to turn ideas into reality. If that’s you, let us know.  Key Responsibilities:  - Help to conceive, build, and test statistical modeling and model validation frameworks and systems using best in class tools and state of the art knowledge of models and systems  - Develop and execute initiatives to manage model risk arising from deployment of new machine learning paradigms in business automation applications  - Review ongoing model performance, assess overall model health and work with stakeholders to resolve risks  - Mentor junior staff into becoming expert modelers.   Key Results Areas:  - Process and system for automated model validation   - Create organizational IP leveraging advances in areas related to mathematical modeling especially in the domain of model validation  Qualifications and Experience:  - Extensive hands on experience working with models and large data sets using different modeling platforms, tools and languages.  - Experience using simulation, backtesting and sensitivity analysis preferably in the financial services space  - High attention to detail combined with an ability to work in a fast paced environment with minimal guidance.  - Experience working with at least two of the following: MATLAB, R, SAS, SPSS, Excel-VBA, SQL, Python, Java and C/C++.  - Strong understanding of model practices and processes.  - Must be a strategic thinker who challenges the status quo  - PhD in Economics, Applied Statistics, Applied Mathematics, Engineering, Operations Research, or similar disciplines with a heavy quantitative focus. A US Degree is preferred.  - 7+ years of quantitative analytics/financial services experience. Experience working in US preferred.

Mumbai

Altisource - Principal Architect - Modeling & Validation   

Altisource - Principal Architect - Modeling & Validation    ,Job Description for Altisource - Principal Architect - Modeling & Validation    in Altisource Labs in  Mumbai for (8-11) years of experience. Apply Now!

Job Description for Altisource - Principal Architect - Modeling & Validation    in Altisource Labs in  Mumbai for (8-11) years of experience. Apply Now!