Lead Quantitative Modeling & Model Risk

Capital One; McLean (VA); On-site; USD 225,000 - 257,000; Full time

Job summary

Capital One is seeking a Senior Manager, Quantitative Analyst to join the Model Risk Office and lead validation of economic forecasting, stress testing, finance forecasting, and interest rate and liquidity risk models. You will work with a 200+ quantitative team, advancing model sophistication and quality while collaborating with business leaders to influence strategy.

You will enhance technical skills, communicate results to senior management, and drive improvements in modeling practices using

Qualifications

• Demonstrated track-record in modeling and experience utilizing model estimation tools such as Python or R
• Ability to clearly communicate modeling results to management, model risk office, regulator and other modelers
• Drive to continuously improve all aspects of their work in a collaborative fashion
• Experience in machine learning
• Strong communication skills with the ability to quickly understand existing models and new requirements
• Experience working with Agile development methodologies
• Strong grasp of econometric theory and methodologies
• Desire to remain on the leading edge of analytical technology with a passion for the newest and most innovative tools.

Responsibilities

• Remain on the leading edge of analytical technology with a passion for the newest and most innovative tools
• Develop alternative model approaches to assess model design and advance future capabilities
• Understand relevant business processes and portfolios associated with model use
• Understand technical issues in econometric, statistical, and machine learning modeling and apply these skills toward developing models and assessing model risks and opportunities
• Communicate technical subject matter clearly and concisely to individuals from various backgrounds both verbally and through written communication; prepare presentations of complex technical concepts and research results to non-specialist audiences and senior management
• Maintain the efficiency and accuracy of our models through continuous improvement and application of best practices
• Develop and maintain high quality and transparent documentation
• Leverage the latest open source technologies and tools to identify areas of opportunity in our existing framework

Skills

Modeling

Communication of results

Agile

Machine learning

Econometric theory

Team leadership

Education

Bachelor's degree in a quantitative field

Master's degree in a quantitative field or MBA with quantitative concentration

PhD in a quantitative field

Tools

Python

R

Job description

Capital One is seeking a Senior Manager, Quantitative Analyst to join the Model Risk Office and lead validation of economic forecasting, stress testing, finance forecasting, and interest rate and liquidity risk models. You will work with a 200+ quantitative team, advancing model sophistication and quality while collaborating with business leaders to influence strategy.

You will enhance technical skills, communicate results to senior management, and drive improvements in modeling practices using