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Manager, Quantitative Analytics

Location : Washington, DC
Job Type : Direct
Hours : Full Time
Travel : No
Relocation : No

Job Description :

As a Manager, Quantitative Analysis within the Model Risk Office, you will be part of the model validation team, working on the validation of stress testing models and Interest Rate and Liquidity Risk Management models.  You will enhance your technical and analytical skills, while also working closely with business leaders to influence business strategy. With a network of over 200 quantitative analysts and statisticians, 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: 

- Contributing to model validation projects, in a leading or analytic capacity

- Understanding business processes and portfolios associated with model use, and the nature of model use within those processes

- Assessing the methodologies and processes used by modeling teams to develop and manage their models, and identifying potential risk and the associated materiality of the risk

- Benchmarking model methodologies and performance by specifying and managing the development of alternative models

- Solving problems with limited data and making conclusions with analytical justifications

- Providing constructive and actionable solutions to model issues identified

- Researching industry practices related to model methodologies

- Documenting validation processes and results

- Complying with the company’s model policy and regulatory requirements

- Communicating validation results to management, model owners, regulators, and auditors

- Leveraging education, colleagues and training opportunities to develop solutions to business problems 

- Contributing horizontally by knowledge sharing across validation teams


Basic Qualifications 
- Master’s Degree in Statistics, Economics, Finance, Financial Engineering, Operational Research, Physics or Mathematics  
- At least 3 years’ experience in Statistical analysis or Econometrics or Financial Risk Management

Preferred Qualifications 
- Doctorate in quantitative field

- At least 5 years of experience in Statistical analysis or Econometrics

- At least 5 years of experience in Financial Risk Management

- Proficiency in Machine Learning, Cloud, and Python

- Strong verbal and written communication skills



Required Qualifications :
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