Senior Director, Quantitative Analysis

Industry: Accounting, Finance & Insurance

  •  

8 - 10 years

Posted 62 days ago

This job is no longer available.

As a Senior Director, Quantitative Analysis within the Model Risk Office, you will lead a team in the validation of financialforecasting models that are used for PPNR and earning forecast, as well as investment portfolio analytics. You will enhance your technical and analytical, while also working closely with business leaders to influence modeling practices. With a network of over 200 Quants and Data Scientists, challenging projects with an eye on the bottom line and a focus on work/life balance, we’ve created a dynamic environment with plenty of room for you to learn, grow, and realize your full potential.

Specific responsibilities may include, but are not limited to:


- Lead a team in validation projects of PPNR, annual budget forecast, banking-book investment portfolio analytics and securitization models
- Influencing business leaders in adopting appropriate modeling methods according to its use, materiality and business strategy

- Plan and manage the execution of multiple concurrent validation projects and ongoing model risk activities

- Identifying and escalating model risk and enhancement opportunities, with a clear understanding of the business process and the model use

- Guiding the benchmarking of model methodologies and performance by developing alternative models

- Researching and utilizing industry best practices for modeling and validation
- Creating documentation for validation and analytical results
- Leveraging education, colleagues and training opportunities to develop solutions to business problems
- Communicating validation results to senior management, model owners, regulators, and auditors

Basic Qualifications:
- MBA or Master’s Degree in Finance, Statistics, Economics, Mathematics, Physics, Data Science, Financial Engineering or Quantitative Finance
- At least 8 years of experience in quantitativefinance within the financial services industry

- At least 3 years of experience in PPNR modeling or validation

Preferred Qualifications:

- Ph.D. in Finance, Statistics, Economics, Mathematics, Physics, Data Science, Financial Engineering or Quantitative Finance

- 5+ years of experience in validation of financialforecasting models
- 5 years of experience in people management

- 2+ years of experienceworking with regulatory requirements (e.g. CCAR/DFAST)

- Strong written and executive level communication skills

R69016