Banner Bank

Quantitative Analyst

Banner Bank$88K — $104K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Statistics, or Mathematics (Required)
  • Master's degree (Preferred)
  • 4+ years of experience with SQL, R, and Power BI (Required)
  • 2+ years of modeling experience within Banking or Capital Markets at a DFAST or CCAR institution (Preferred)
  • Familiarity with federal and state laws related to financial reporting and stress-testing models.

Responsibilities

  • Develop and document stress testing models per regulatory requirements such as DFAST and Basel III.
  • Create and maintain quantitative tools measuring risks to earnings and capital.
  • Evaluate models for accuracy and compliance with regulatory expectations.
  • Act as a subject matter expert in risk quantification and modeling.
  • Prepare insights and documentation for regulators, auditors, and consultants.
  • Effectively communicate model results and recommendations to management levels.
  • Transform data from various sources into actionable business intelligence.

Benefits

  • Comprehensive employee benefits, including medical, dental, vision, LTD, STD, and life insurance.
  • Paid vacation, sick time, and 11 company-paid holidays.
  • 401k plan with up to 4% employer match.
  • Tuition reimbursement program for continued education.
Full Job Description
Join us as a Quantitative Analyst and help drive the modeling and analytical insights that support critical decision-making across the bank. In this role, you'll build and enhance models that guide risk management, financial performance, and regulatory compliance. Your work will directly influence strategic planning while partnering with teams who value collaboration, growth, and high performance.

In this role you'll

  • Develop and document models used for stress testing in alignment with regulatory requirements, including DFAST and Basel III.
  • Develop, document, and maintain quantitative tools and models that measure risks to earnings and capital, including probability of default, loss given default, and exposure at default.
  • Evaluate and enhance models to ensure relevance, accuracy, and ongoing compliance with regulatory expectations.
  • Serve as a subject matter expert in risk quantification and modeling, collaborating with business partners, risk teams, and regulatory authorities.
  • Prepare and provide data, model insights, and documentation for regulators, auditors, and consultants.
  • Communicate model results, findings, and recommendations clearly and effectively to all levels of management.
  • Analyze and translate data from multiple sources into meaningful business intelligence that supports sound financial and operational decisions.
  • Ensure compliance with policies, procedures, security requirements, and relevant government regulations.


What we're looking for

  • You have a Bachelor's degree in Finance, Economics, Statistics, or Mathematics (Required).
  • You have a Master's degree (Preferred).
  • You have 4 or more years of experience with SQL, R, and Power BI (Required).
  • You have 2 or more years of experience in a modeling discipline within Banking or Capital Markets at a DFAST or CCAR institution or consulting firm (Preferred).
  • You have 2 or more years of experience in financial and business analysis (Preferred).
  • An equivalent combination of education and experience can be considered in lieu of a degree.


What helps you shine

  • You bring strong interpersonal skills and enjoy collaborating with partners across the organization.
  • You excel at managing projects and adapting to evolving requirements while meeting tight deadlines.
  • You are proficient in at least one programming language, such as R.
  • You have experience developing models in PPNR, Credit Risk, or Market Risk.
  • You understand time-series models, including ARCH/GARCH, and have experience with time-series and panel data analysis.
  • You are familiar with linear and nonlinear generalized linear mixed models.
  • You understand interdependence between risk factors, including variance-covariance methods and copulas, and can apply key statistical distributions in analysis.
  • You are knowledgeable about federal and state laws related to accounting, financial reporting, and stress-testing models.


Travel

  • 0%


Our Company Values

  • Do the right thing
  • Mutual respect
  • Teamwork
  • Accountability


What Our Team Says

"I have the opportunity to learn and grow every day in my current role. I love the work life balance, knowing that we work hard, and strive for high performance but we are celebrated."

Compensation & Benefits

  • Targeted starting salary range (based on experience): $88,657-104,303
  • Annual incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement


Review Banner's employee benefits at: Employee Benefits | Banner Bank

Please take time to reviewBanner Bank's Consent & Privacy notice before applying.

About Banner Bank

Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey, with approximately $42 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, Florida, and Alabama. Valley Bank holds approximately $29 billion in assets. Valley Bank is one of the largest commercial banks headquartered in New Jersey.
Learn more about Banner Bank
Industry
Founded
1890

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