Director of Analytics

Fifth Third Bank, N.A.; United States; Remote; USD 152,000 - 327,000; Full time

Job summary

A financial services company based in the United States is seeking a Director of Analytics to lead the strategy and provide leadership in Risk and Treasury divisions. This role involves implementing and validating quantitative models and requires a strong background in statistical modeling and database management. Candidates should have an advanced degree in a relevant field and a minimum of 15 years of experience. The position offers a competitive salary range of $152,100 to $327,000 annually.

Benefits

Comprehensive benefits

Incentive compensation plan

Qualifications

• Minimum 15 years experience in statistical/econometric modeling.
• Ability to present a professional image.
• Experience with portfolio management concepts.

Responsibilities

• Direct strategy for Risk and Treasury divisions.
• Implement and validate quantitative models.
• Provide strategic direction for model development.

Skills

Statistical modeling

Database management

Analytical skills

Leadership

Communication skills

Education

Advanced degree in quantitative analytics or related field

Tools

SAS

SQL

VBA

Business Objects

Microsoft Office Suite

R

Job description

Overview

Make banking a Fifth Third better. We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

Essential Duties and Responsibilities

• This person will direct strategy and provide leadership throughout the Risk or Treasury divisions. This will include the implementation, modeling, and validation of quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital.
• Provide strategic direction to the development and implementation of quantitative and statistical models.
• Manage and lead in developing, maintaining, and back testing models to support respective LOBs.
• This role is viewed as a critical source of insight into the Bancorp's risk systems, models, and measurements and will be expected to provide information to realize the optimal risk appetite and returns for lines of business, regional, and customer relationships.

Supervisory Responsibilities

Through the Management team, oversees all staff within the relevant infrastructure area.

Minimum Knowledge, Skills and Abilities Required

• Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area.
• Minimum 15 years experience in statistical/econometric modeling and database management.
• Database experience, SAS (including statistical modeling), SQL, VBA, and Business Objects.
• 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.
• Experience with Microsoft Office products, such as Word, Excel, PowerPoint and Outlook is necessary. Experience with SAS, R and VBA is preferred.
• Prior management experience and evidence of leadership is a plus.
• Must have an understanding of both Basel II and economic capital frameworks.
• Experience in a cross-functional environment working with portfolio management concepts and constructing and explaining risk models are essential.
• Able to express methodological and modeling concepts to senior management.
• Ability to understand complex issues and develop meaningful analyses and recommendations to various levels of management including top executive management.
• Able to support independent analytical viewpoints to production and executive management.
• Proficiency in interpreting content of applicable regulations governing credit risk oversight and portfolio reporting requirements.

Compensation and Benefits

Director of Analytics

Total Base Pay Range 152,100.00 - 327,000.00 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

LOCATION -- Virtual, Illinois 00000

Additional Information

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.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.