What Do Directors of Credit Model Development Do?
Wondering what the job is really like for directors of credit model development?
You've come to the right place.
Keep reading to find detailed information about what directors of credit model development do, including the type of work they are tasked with on a daily basis, industries in which they work, and the specific skills needed for a successful career.
Directors of Credit Model Development Overview & Description
Let's get started with the basics about directors of credit model development by taking a look at a simple description and popular job titles.
Directors of Credit Model Development all financial specialists not listed separately.
Popular Job Titles For Directors of Credit Model Development
Sample of Reported Job Titles
- Fraud Analysts
- Fraud Investigators
- Fraud Specialists
- Quantitative Analysts
- Quantitative Risk Analysts
- Model Validation Analysts
- Model Risk Managers
- Quantitative Model Analysts
- Quantitative Financial Analysts
- Quantitative Model Validation Analysts
- Fraud Risk Analysts
- Bail Bond Agents
Read on for insight into the industries where the highest concentration of jobs for directors of credit model development can be found.
Best Industries for Directors of Credit Model Development
Directors of Credit Model Development Jobs By Industry
- Federal Government, Civilian: 20.9%
- Depository Credit Intermediation: 10.4%
- Management of Companies and Enterprises: 7.4%
- Education and Hospitals (State Government): 4.4%
- Other Personal Services: 4.3%
- Other Financial Investment Activities: 4.3%
- Other: 48.3%
When it comes to jobs in the United States, the largest single category of directors of credit model development can be found working in the Federal Government, Civilian sector. In 2022, about 20.9% of all jobs for directors of credit model development were found there.
Other top industries by percentage include Depository Credit Intermediation (10.4%), Management of Companies and Enterprises (7.4%), Education and Hospitals (State Government) (4.4%), Other Personal Services (4.3%) and Other Financial Investment Activities (4.3%).
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Degree Options for Directors of Credit Model Development
Help organizations analyze financial statements and accounts to help prevent fraud, maintain data integrity, assess operational risk, and mitigate or remediate deficiencies as an accounting technician, assistant or bookkeeper.
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- Cost Per Credit: $398
What Do Directors of Credit Model Development Do on a Daily Basis?
So you have a high-level understanding of what directors of credit model development do and the types of industries in which they work - but what do they really do each day?
A great way to understand the type of work directors of credit model development do is to examine actual job postings and focus on the specific skills that employers are seeking. That will help paint a clearer picture of the tasks that directors of credit model development tackle each day.
Continue reading for a breakdown of specialized skills found in job postings for directors of credit model development, as well as common skills - interpersonal qualities and attributes - that can help you thrive in the workplace.
In-Demand Skills for Today's Directors of Credit Model Development
Based on 16,200 job postings
Top 5 Specialized Skills for Directors of Credit Model Development
| Skills | Postings | % of Total Postings |
|---|---|---|
| Python (Programming Language) | 4,070 | 25% |
| Risk Management | 3,953 | 24% |
| SQL (Programming Language) | 3,884 | 24% |
| Finance | 3,878 | 24% |
| Statistics | 3,341 | 21% |
Top 5 Common Skills for Directors of Credit Model Development
| Skills | Postings | % of Total Postings |
|---|---|---|
| Communications | 7,485 | 46% |
| Management | 6,385 | 39% |
| Research | 4,760 | 29% |
| Problem Solving | 3,771 | 23% |
| Operations | 3,668 | 23% |
Based on 16,200 job postings related to directors of credit model development, python (programming language) was the top specialized skill sought by employers, with 25% of all postings looking for that skillset. Skills for risk management, sql (programming language), finance, statistics and data analysis were also highly sought.
As for common skills, communications was the most desired skill found in job postings for directors of credit model development, followed by management, research, problem solving, operations and investigation.
| Skill | Postings | % of Total Postings |
|---|---|---|
| Python (Programming Language) | 4,070 | 25% |
| Risk Management | 3,953 | 24% |
| SQL (Programming Language) | 3,884 | 24% |
| Finance | 3,878 | 24% |
| Statistics | 3,341 | 21% |
| Data Analysis | 3,228 | 20% |
| Fraud Prevention And Detection | 3,228 | 20% |
| Financial Services | 3,055 | 19% |
| SAS (Software) | 2,814 | 17% |
| R (Programming Language) | 2,687 | 17% |
| Fraud Investigation | 2,566 | 16% |
| Economics | 2,563 | 16% |
| Auditing | 2,402 | 15% |
| Model Validation | 1,910 | 12% |
| Project Management | 1,905 | 12% |
| Accounting | 1,858 | 11% |
| Computer Science | 1,810 | 11% |
| Machine Learning | 1,653 | 10% |
| Bank Secrecy Act | 1,611 | 10% |
| Risk Analysis | 1,610 | 10% |
| Skill | Postings | % of Total Postings |
|---|---|---|
| Communications | 7,485 | 46% |
| Management | 6,385 | 39% |
| Research | 4,760 | 29% |
| Problem Solving | 3,771 | 23% |
| Operations | 3,668 | 23% |
| Investigation | 3,632 | 22% |
| Detail Oriented | 3,513 | 22% |
| Writing | 3,508 | 22% |
| Mathematics | 3,433 | 21% |
| Customer Service | 3,309 | 20% |
| Leadership | 2,967 | 18% |
| Microsoft Excel | 2,934 | 18% |
| Verbal Communication Skills | 2,382 | 15% |
| Microsoft Office | 2,328 | 14% |
| Decision Making | 2,283 | 14% |
| Presentations | 2,188 | 14% |
| Analytical Skills | 2,154 | 13% |
| Self-Motivation | 2,137 | 13% |
| Influencing Skills | 1,777 | 11% |
| Organizational Skills | 1,633 | 10% |
Most In-Demand Jobs for Directors of Credit Model Development
Top 5 Posted Job Titles
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Fraud Analysts | 6,196 | 18% |
| Fraud Investigators | 7,162 | 20.8% |
| Fraud Specialists | 5,585 | 16.2% |
| Quantitative Analysts | 2,429 | 7% |
| Quantitative Risk Analysts | 1,591 | 4.6% |
According to job postings that were published between September 2021 and August 2022, the top job sought by employers was fraud analysts, with 2,127 unique job postings. Fraud investigators were second, with 1,131 postings, followed by fraud specialists, quantitative analysts and quantitative risk analysts.
Expand the section below to see unique job postings for all occupations related to directors of credit model development.
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Fraud Analysts | 6,196 | 18% |
| Fraud Investigators | 7,162 | 20.8% |
| Fraud Specialists | 5,585 | 16.2% |
| Quantitative Analysts | 2,429 | 7% |
| Quantitative Risk Analysts | 1,591 | 4.6% |
| Model Validation Analysts | 1,067 | 3.1% |
| Model Risk Managers | 1,026 | 3% |
| Quantitative Model Analysts | 721 | 2.1% |
| Quantitative Financial Analysts | 2,689 | 7.8% |
| Quantitative Model Validation Analysts | 622 | 1.8% |
| Fraud Risk Analysts | 467 | 1.4% |
| Bail Bond Agents | 943 | 2.7% |
| Fraud Detection Analysts | 496 | 1.4% |
| Fraud Prevention Analysts | 1,274 | 3.7% |
| Quantitative Researchers | 460 | 1.3% |
| Financial Engineers | 402 | 1.2% |
| Fraud Data Analysts | 370 | 1.1% |
| Fraud Prevention Specialists | 424 | 1.2% |
| Directors of Credit Model Development | 249 | 0.7% |
| Quantitative Analytics Managers | 338 | 1% |
Additional Links
Ready to dig deeper into career information for directors of credit model development? Visit our other pages focused on salary and education for directors of credit model development.
How much do directors of credit model development make?
Directors of Credit Model Development: How do you become one?
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