Fifth Third Bancorp

Senior Quant Analyst-CCAR/CECL

Fifth Third Bancorp$82K — $172K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in quantitative analytics, economics, statistics, engineering, or related area.
  • 4-5 years of experience in statistical/econometric modeling and database management.
  • Proficiency in Snowflake, SAS, SQL, and database applications.
  • Familiarity with statistical modeling tools and languages like Python, R, and Git preferred.
  • Strong verbal and written communication, analytical, and teamwork skills.
  • Ability to manage multiple tasks and remain flexible in a fast-paced environment.

Responsibilities

  • Provide quantitative support to the Risk or Finance divisions.
  • Implement, model, and validate various quantitative models including PD, LGD, and CCAR.
  • Support the development and implementation of statistical models.
  • Develop and maintain models for respective Lines of Business (LOBs).
  • Handle ad-hoc reporting requests related to quantitative modeling.
  • Integrate Comerica and Fifth Third data throughout the transition period.

Benefits

  • Comprehensive benefits programs for physical, financial, emotional, and social well-being.
  • Differentiated compensation offerings to recognize employee contributions.
Full Job Description
  • Job Profile Summary
    The Senior Quantitative Analyst is responsible for resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes. Role at this level usually has full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural experts representing a unit or team on cross-function process or project deliverables.
  • Job Description
    GENERAL FUNCTION:
    The Senior Quantitative Analyst is responsible for resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes. Role at this level usually has full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural experts representing a unit or team on cross-function process or project deliverables.
    Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
    ESSENTIAL DUTIES AND RESPONSIBILITIES:
    • Provide quantitative support throughout the Risk or Finance divisions.
    • Implementation, modeling, and validation of quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital.
    • Provide ongoing support to the development and implementation of quantitative and statistical models.
    • Developing, maintaining, and back testing models to support respective LOBs.
    • Responsibility for ad-hoc reporting requests for quantitative modeling.
    • Incorporate Comerica and Fifth Third data and processes through integration period.

    MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
    • Knowledge of Comerica data and processes preferred
    • Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area.
    • Minimum 4-5 years of experience in statistical/econometric modeling and database management.
    • Database experience, Snowflake, SAS (including statistical modeling), and SQL.
    • Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary.
    • Experience with Python, R, SAS (including statistical modeling), SQL, Git, Amazon SageMaker, Snowflake and VBA is preferred.
    • Strong verbal and written communication skills.
    • Strong analytical skills.
    • Ability to present a professional image.
    • Ability to work in a team environment.
    • Ability to multi-task and to be flexible.
    • Prior management experience and evidence of leadership is a plus.

    #LI-GM1
Senior Quant Analyst-CCAR/CECL

Total Base Pay Range 82,100.00 - 172,500.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Virtual, Ohio 00000

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

Similar Jobs

More Jobs at Fifth Third Bancorp

More Finance & Insurance Jobs

Find similar Senior Quant Analyst-CCAR/CECL jobs: