First Street Foundation
Risk & Resilience Engineer
New York City
Sponsorship not specified$90k-$125kDetected 27 days ago
PythonGitAWSGCPAzureCloud PlatformsMachine LearningData AnalysisStatisticsResearch
About the role
- Our mission: We exist to connect climate and financial risk.
- We are looking for an expert in risk and resilience of the built environment.
- The loss models will represent structure damages and associated downtime from exposure to natural hazards like flood, wildfire, and wind, enabling our customers to connect physical risk to financial risk.
Responsibilities
- Connect climate and financial risk by developing custom loss models representing impacts to structures and infrastructure assets globally to pair with First Street's hazard models
- Analyze historical loss observational data to improve model accuracy, identify quality control issues, and develop suggested remedies for identified issues.
- Perform statistical analysis to validate loss model predictions and assess model uncertainties.
- Analyze building codes and exposure datasets to identify common construction practices globally to inform loss model section
- Experience working with multi-hazard data, catastrophe models, building level damage data, and construction cost estimation data
Requirements
- Expertise using scripted languages like Python
- Expertise in a science-based approach with a high degree of concern for reliability, accuracy and reproducibility
- Proficiency with source control platforms such as Git
- Research experience in the latest resilience modeling, technical guidelines, etc.
- ML/AI experience
- Expertise with big data analysis in high performance compute environments, either on premises or on cloud platforms including AWS, GCP, and/or Azure
Nice to have
- Ph.D. (preferred) or Master's degree with 3 years experience in structural engineering, civil engineering, operation research, or a related field.
Compensation
- Competitive salary commensurate with experience
Benefits
- Ownership interest in the company via Employee Stock Option Plan
- 15 vacation days along with 8 statutory company holidays, 5 days for winter break office closure, and 10 sick days
- Healthcare monthly premium covered at 100% for employee or a significant contribution for family plans
- Vision and dental benefits with partial employee contribution
- 12 weeks of paid parental leave
- Access to One Medical, Teledoc, HealthAdvocate, Kindbody, and Talkspace
- Commuter benefits
- Life Insurance
- Create models of structure damage, repair time, and indirect impacts using a combination of approaches including first principles of engineering, cost estimation, statistics, and machine learning.
- Hands-on experience in developing risk models for buildings or infrastructure systems using machine-learning models or statistical methods
Company info
- First Street is the standard for Climate Risk Financial Modeling. For over a decade, we've been translating climate risk into decision-useful financial outcomes for investors, businesses, communities, and property owners worldwide. With backing from world-class firms, including Innovation Endeavors, Galvanize, General Catalyst, and others, our team has raised millions to change how the global economy thinks about climate change.
- Read more about our culture here https://pitch.com/v/first-street-culture-deck---public-6sv4i5 and see what Climate Risk Financial Modeling is all about here https://youtu.be/GLTGXKwJlRI.
- Our data: We've assembled leading climate scientists and economists to develop transparent, peer-reviewed methodologies to calculate the past, present, and future climate risk for and asset classes spanning real estate, infrastructure, and companies. Using physics-based deterministic models, we predict the likelihood of floods, wildfires, hurricanes, and other hazards at any location on Earth, along with associated damage and downtime.
- Our customers: We aim to incorporate climate risk data into every financial decision made today. We are relied on every day by:
- First Street is the standard for Climate Risk Financial Modeling.
- For over a decade, we've been translating climate risk into decision-useful financial outcomes for investors, businesses, communities, and property owners worldwide.
- With backing from world-class firms, including Innovation Endeavors, Galvanize, General Catalyst, and others, our team has raised millions to change how the global economy thinks about climate change.
- Our data: We've assembled leading climate scientists and economists to develop transparent, peer-reviewed methodologies to calculate the past, present, and future climate risk for and asset classes spanning real estate, infrastructure, and companies.
- Using physics-based deterministic models, we predict the likelihood of floods, wildfires, hurricanes, and other hazards at any location on Earth, along with associated damage and downtime.
- Our customers: We aim to incorporate climate risk data into every financial decision made today.
- We are relied on every day by:
- Institutional investors like Norges Bank Investment Management and Blackstone.
- Banking enterprises, including Bank of America and Fifth Third.
- Government bodies ranging from Fannie Mae to the US State of Connecticut.
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This listing is sourced directly from First Street Foundation's careers page and normalized into a canonical job model.