Enterprise Risk Quant Analyst – ERM & Modeling

CVS Health; Illinois; Hybrid; USD 44.000 - 85.000; Vollzeit

Zusammenfassung

CVS Health in the United States (Illinois) is seeking an ERM-focused risk analyst to support quantitative risk models, regulatory deliverables, and related processes. You will work under ERM leadership to maintain models, test changes, and provide clear documentation.

The role requires strong Excel and SQL skills; familiarity with VBA, Python, or R is a plus; attention to detail and the ability to translate business questions into rigorous analysis while partnering with cross-functional teams.

Qualifikationen

• Bachelor's degree in a quantitative, analytical, finance, business, or related field.
• Foundational experience with quantitative analysis, financial or statistical modeling, or complex analytical coursework or projects.
• Proficiency in Microsoft Excel, with working knowledge of SQL and VBA.
• Demonstrated attention to detail and commitment to accuracy, completeness, data integrity, and clear, well-organized documentation.
• Ability and willingness to learn complex quantitative models, understand how their components connect, and build the subject-matter expertise needed to maintain and enhance them over time.
• Self-starter mindset with the ability to ask thoughtful questions, identify issues, recommend practical improvements, incorporate feedback, and take increasing ownership of assignments.

Aufgaben

• Develop a deep understanding of assigned quantitative risk models, their data flows, calculations, assumptions, dependencies, controls, outputs, and business context, and take increasing ownership of maintenance and enhancement.
• Support the enterprise economic capital model and other risk-quantification tools by investigating issues, evaluating changes, testing and reconciling results, and explaining updates.
• Partner with subject matter experts and cross-functional teams to collect and interpret data, understand data definitions, develop or validate assumptions, and translate business information into quantitative analysis.
• Prepare and analyze complex datasets through profiling, cleansing, standardization, validation, reconciliation, transformation, aggregation, trend analysis, and data-quality control checks.
• Use SQL, Excel, and, where applicable, VBA, R, or Python to extract and transform data, perform quantitative and statistical analysis, support modeling, automate processes, and produce reporting.
• Maintain auditable documentation of data sources, business rules, model methodologies, assumptions, limitations, changes, testing, results, and governance activities.
• Support stress-scenario development and execution, enterprise risk quantification, and analysis of business impacts.
• Build productive relationships with internal and external stakeholders, communicate technical concepts clearly to technical and non-technical audiences, provide timely status updates, and raise issues promptly.
• Take ownership of assignments, ask thoughtful questions, incorporate feedback, and proactively identify opportunities to improve data quality, model controls, documentation, and process efficiency.

Kenntnisse

Quantitative analysis

Attention to detail

Self-starter mindset

Ausbildung

Bachelor's degree in quantitative/analytical/finance/business or related field

Tools

Excel

SQL

VBA

PowerQuery

R

Python

Jobbeschreibung

CVS Health in the United States (Illinois) is seeking an ERM-focused risk analyst to support quantitative risk models, regulatory deliverables, and related processes. You will work under ERM leadership to maintain models, test changes, and provide clear documentation.

The role requires strong Excel and SQL skills; familiarity with VBA, Python, or R is a plus; attention to detail and the ability to translate business questions into rigorous analysis while partnering with cross-functional teams.