Quantitative Model Analyst 4

Role Overview

• Validates, tests, and documents usage of complex statistical models.
• The models may cover a variety of products or services; however, all models are used as part of the financial decision-making process.
• Specific results focus on documenting the validation and/or testing of advanced statistical models and communicating the results to stakeholders within the Bank.
• Deliverables include creation of model validation documentation such as: formal written reports, summary presentations, model or reporting code documentation, procedures, or other ad hoc reporting/documentation.

Requirements

• Bachelor’s degree in a quantitative field, and eight or more years of relevant experience OR
• MA/MS in a quantitative field, and five or more years of related experience OR
• PhD in a quantitative field, and four or more years of related experience
• Advanced knowledge of various regression techniques, parametric and non-parametric algorithms, times series techniques, and other statistical models, various model validation tests/methodologies, using SAS or similar statistical package
• Thorough data compilation, programming skills and qualitative analysis skills
• Thorough knowledge of the quantitative and qualitative risk factors, industry risks, competition risks, and risk management approaches
• Advanced understanding of applicable regulatory rules, guidance, or supervisory letters
• Ability to manage multiple tasks across various timelines
• Strong analytical, organizational, problem-solving, negotiation, and project management skills
• Demonstrated independence, teamwork and leadership skills
• Effective interpersonal, verbal and written communication skills.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law