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Freelance Credit Risk Modeling Jobs in Utah (NOW HIRING)

The ideal candidate has strong analytical skills, attention to detail, and a desire to grow within credit risk and financial modeling. What You'll Do: * CECL Data & Modeling Support * Assist with ...

The ideal candidate has strong analytical skills, attention to detail, and a desire to grow within credit risk and financial modeling. What You'll Do: * CECL Data & Modeling Support * Assist with ...

The ideal candidate has strong analytical skills, attention to detail, and a desire to grow within credit risk and financial modeling. What You'll Do: * CECL Data & Modeling Support * Assist with ...

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Freelance Credit Risk Modeling information

What are the key skills and qualifications needed to thrive as a Freelance Credit Risk Modeler, and why are they important?

To thrive as a Freelance Credit Risk Modeler, you need a strong background in statistics, quantitative finance, and data analysis, typically supported by a degree in finance, mathematics, or a related field. Proficiency in programming languages such as Python, R, or SAS, along with experience using risk modeling software and knowledge of regulatory frameworks like Basel III, is crucial. Excellent communication, project management, and client relationship skills help distinguish top freelancers in this role. These abilities are essential for delivering accurate risk assessments, meeting client expectations, and maintaining compliance in a dynamic financial environment.

What is freelance credit risk modeling?

Freelance credit risk modeling involves independent professionals analyzing and predicting the likelihood that borrowers or counterparties will default on financial obligations. These freelancers use statistical methods, machine learning models, and data analysis to assess credit risk for banks, lenders, or other firms. Their work helps organizations make informed lending decisions, set appropriate interest rates, and comply with regulatory requirements. Freelancers in this field may work on projects like developing credit scorecards, stress testing portfolios, or validating existing risk models.

What is the difference between Freelance Credit Risk Modeling vs Credit Analyst?

AspectFreelance Credit Risk ModelingCredit Analyst
CredentialsRelevant certifications (e.g., CFA, credit risk certifications), strong quantitative skillsTypically requires a degree in finance, economics, or related field; certifications are a plus
Work EnvironmentIndependent, project-based, remote or client-siteUsually in banks, financial institutions, or corporate offices
Industry UsageUsed by consulting firms, freelance platforms, and financial servicesEmployed directly by financial institutions or corporations
Comparison Search IntentUnderstanding freelance opportunities in credit risk modelingAssessing creditworthiness and risk for lending decisions

Freelance Credit Risk Modeling involves independent, project-based work focusing on developing risk models, often remotely. Credit Analysts work within organizations to evaluate creditworthiness, typically in a structured environment. While both roles require financial expertise and similar credentials, their work settings and employment types differ significantly.

How do freelance credit risk modelers typically collaborate with clients and other stakeholders during projects?

Freelance credit risk modelers usually work closely with client teams such as credit analysts, data engineers, and compliance officers to understand data sources, project objectives, and regulatory requirements. Communication often occurs through regular virtual meetings, progress reports, and collaborative tools to ensure transparency and alignment. Freelancers must be proactive in clarifying goals, sharing preliminary findings, and incorporating feedback to deliver models that meet both technical and business needs. Building strong client relationships and maintaining clear documentation are key to successful collaboration in this role.
What are the most commonly searched types of Credit Risk Modeling jobs in Utah? The most popular types of Credit Risk Modeling jobs in Utah are:
What are popular job titles related to Freelance Credit Risk Modeling jobs in Utah? For Freelance Credit Risk Modeling jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Freelance Credit Risk Modeling jobs in Utah look for? The top searched job categories for Freelance Credit Risk Modeling jobs in Utah are:
What cities in Utah are hiring for Freelance Credit Risk Modeling jobs? Cities in Utah with the most Freelance Credit Risk Modeling job openings:
Risk-Salt Lake City-Associate, Credit Risk-9702045

Risk-Salt Lake City-Associate, Credit Risk-9702045

Goldman Sachs

Salt Lake City, UT

Other

Posted 27 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

29th of 141 rated banks


Job description

Job Duties: Associate, Credit Risk with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Assess the credit and financial strength of the Corporates counterparts by performing fundamental credit analysis of both quantitative and qualitative credit factors. Assess and manage the risk of loss resulting from the failure of a counterparty to meet its contractual obligations across the firm's trading and credit businesses. Responsible for approving transactions, setting credit exposure limits, monitoring adherence to those limits, measuring credit exposure and losses from counterparty default. Conduct in-depth analyses related to causes and effects of credit events and conduct sector and/or regional (i.e. country) based concentration analyses. Recommend and defend internal and regulatory risk ratings for counterparts/transactions as required. Perform counterparty research reviews and analysis of corporate counterparts. Present findings and recommendations to senior management and answer questions relating to analysis performed. Proactively monitor and assess counterparts and industry subsectors including based on market indicators, regulatory guidance, rating agency commentary and counterparty surveillance and report relevant information and its impact to senior management in a timely manner. 

Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Computational Finance and Risk Management, Economics, or a related field and one (1) year of experience in job offered or a related role OR Bachelor's degree (U.S. or foreign equivalent) in Finance, Computational Finance and Risk Management, Economics, or a related field and three (3) years of experience in job offered or a related role. Prior experience must include one (1) year (with master's degree) or three (3) years (with bachelor's degree) of experience with: working with derivatives, loans and other products that give rise to credit risk to institutional counterparties; familiarity with regulatory rating requirements and application of such guidance is preferred - experience with credit regulatory processes such as the Shared National Credit (SNC) or Allowance for Loan and Lease Losses (ALLL); applying accounting methods (both Generally Accepted Accounting Principle and International Financial Reporting Standards) to analyze financial reports and explain performance variances; building financial models in Excel using advanced functionality, including macros, pivot tables, v-lookup, slicers, and h-lookup and Microsoft PowerPoint, to produce and present analytical insights and highlight data trends; utilizing Business Intelligence Software solutions, including Tableau, to provide actionable insights for Business decisions; and credit risk management experience, with a background in corporate credit risk.

The Goldman Sachs Group, Inc., 2026. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.


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About Goldman Sachs

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At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869