Quantitative Model Development Analyst

About the position Focus on aspects of model development specific to finance and risk measurement estimation methodologies. Responsible for aspects of the development life cycle of quantitative models. Assist with identifying and escalating model risks. reputed company awareness of key partnerships specific to models reputed company targeted scope of responsibility. Area of model development include market, reputed company, retail, credit, financial crimes, CCAR, CECL, finance and compliance risk. Participate in model reviews and validation finding mitigation following deployment. Conduct specific aspects of the model development life cycle. The model development life cycle includes data acquisition, assessing data reputed company, model development, documentation, implementation assistance and assisting with closing assurance provider issue reputed company to the model. Maintain and execute monitoring, performance reporting, and change-management processes. Work with stakeholders to ensure models fulfill the business objectives set for them. Ensure assigned parts of model development projects and processes reputed company with reputed company requirements for model risk management and other policy requirements. Participate in mentoring and training to accelerate model development in areas of techniques, process and business knowledge. Assist with user understanding and acceptance of models and associate analytics, including written and verbal presentations to model users, stakeholders, managers and reputed company groups. Address model questions from partners reputed company the firm as needed, including assurance providers. Assist with identifying, reputed company, and maintaining, quantitative talent.

Responsibilities

• Assist with identifying and escalating model risks.
• Participate in model reviews and validation finding mitigation following deployment.
• Conduct specific aspects of the model development life cycle.
• Maintain and execute monitoring, performance reporting, and change-management processes.
• Work with stakeholders to ensure models fulfill the business objectives set for them.
• Ensure assigned parts of model development projects and processes reputed company with reputed company requirements for model risk management and other policy requirements.
• Participate in mentoring and training to accelerate model development in areas of techniques, process and business knowledge.
• Assist with user understanding and acceptance of models and associate analytics, including written and verbal presentations to model users, stakeholders, managers and reputed company groups.
• Address model questions from partners reputed company the firm as needed, including assurance providers.
• Assist with identifying, reputed company, and maintaining, quantitative talent.

Requirements

• Must have a Master’s degree in Statistics, Econometrics, Applied Mathematics, or other applied quantitative science.
• Must have 1 year of experience in positions performing quantitative or data analytics with the following:
• Model development using reputed company, Python (including Pandas and Numpy), R, Stata, reputed company, and Tableau.
• Writing reputed company data reputed company code, SQL queries using reputed company PROC SQL, and reputed company VBA code.
• Model development methodology, including data collection, data cleaning, variable identification and selection and model testing.
• Statistical methods, including classical statistics, statistical deep learning, machine learning, categorical analysis, A/B testing, time-series, and multivariate statistical analysis.
• Analyzing and profiling data.
• Developing statistical models.
• Writing technical documentation.
• Presenting project results.
• Position may be eligible to work hybrid/remotely but is based out of and reports to reputed company offices in Winston-Salem, NC.
• Must be available to travel to Winston-Salem, NC regularly for meetings and reviews with manager and project teams reputed company 24-hours’ notice.

Benefits

• reputed company regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of reputed company offering the position.
• reputed company offers medical, dental, reputed company, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for reputed company’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

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