Lead Quantitative Risk Analyst: Modeling & Strategy

Jobtailor; Charlotte (NC); On-site; USD 120,000 - 180,000; Full time

Job summary

Jobtailor seeks a senior professional to lead quantitative analytics and credit risk modeling in a highly controlled environment. You will develop advanced models, document methodologies, and design production-ready systems in collaboration with Technology teams.

You will perform end-to-end market risk stress testing, analyze scenario results, and provide insights to senior leaders while mentoring associates and shaping validation strategies.

Qualifications

• Master’s degree in a related field or equivalent work experience.
• Advanced (Master’s or PhD) degree in Math, Economics, Statistics, Engineering, Finance, Computer Science or similar discipline.
• 5+ years professional experience developing credit risk models.
• Strong programming skills, such as R, Python, SAS, SQL or another language.
• Experience with LaTeX.
• Experience using and developing cross-sectional models.
• Ability to create compelling data-driven stories and recommendations.
• Ability to present findings, data, and conclusions to influence senior leaders.
• Demonstrated leadership skills and ability to exert broad influence among peers.
• Ability to work in a large, complex organization and influence stakeholders and partners.
• Strong team-player capability and ability to work independently and collaboratively.
• Ability to work in a highly controlled and audited environment.
• Experience with complex data architecture, modeling and data science tools and libraries, data warehouses, and machine learning.
• Experience implementing models into production environments.
• Ability to extract, analyze, and merge data from disparate systems.
• Experience developing and maintaining complex databases and data sets.
• Experience using data mining and advanced analytical techniques.
• Experience managing large data sets using tools such as Hadoop

Responsibilities

• Lead development of quantitative analytics and complex modeling projects.
• Lead development of new models, analytic processes, and system approaches.
• Create technical documentation and white papers for developed models.
• Work with Technology staff to design systems for running models.
• Perform end-to-end market risk stress testing, including scenario design, implementation, results consolidation, and internal and external reporting.
• Analyze stress scenario results to identify key drivers.
• Develop wholesale credit risk models, including loss forecasting, commercial scorecards, behavioral scores, and regulatory capital models.
• Execute in-depth analysis of wholesale credit performance and financial data.
• Interact with internal model risk management, address concerns, and remediate model-related findings.
• Support post-implementation monitoring and stakeholder interaction.
• Plan quantitative work priorities in alignment with bank strategy.
• Identify continuous improvements through model development and validation reviews.
• Provide oversight of model development and model risk management.
• Provide methodological, analytical, and technical guidance on development and validation projects.
• Communicate submission and validation outcomes to model stakeholders and senior management.
• Perform statistical analysis on large datasets and interpret qualitative and quantitative results.
• May manage associates and perform managerial responsibilities including coaching, risk management, budgeting, talent leadership, and delegation.

Skills

Credit Risk Modeling

Statistical Analysis

R

Python

SAS

SQL

Data Mining

Machine Learning

Model Validation

Leadership

Education

Master’s degree in related field

Advanced degree in Math/Economics/Statistics/Engineering/CS/Finance

Tools

Hadoop

LaTeX

Data Warehouses

Data Science Tools

Job description

Jobtailor seeks a senior professional to lead quantitative analytics and credit risk modeling in a highly controlled environment. You will develop advanced models, document methodologies, and design production-ready systems in collaboration with Technology teams.

You will perform end-to-end market risk stress testing, analyze scenario results, and provide insights to senior leaders while mentoring associates and shaping validation strategies.