Principal Quantitative Risk Management Analyst

First Tech Federal Credit Union; Marlborough (MA); Híbrido; USD 147.000 - 176.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical coverage

Dental coverage

Vision coverage

401(k) match

Paid time off

Paid federal holidays

Employee loan pricing

Descripción de la vacante

First Tech Federal Credit Union is seeking an experienced quantitative risk professional to design and enhance analytical methodologies for risk measurement across markets, credit, and operations. The role emphasizes governance, robust reporting, and collaboration with finance, data, and technology teams.

You will lead development of advanced risk models, monitor macro trends, and provide actionable insights to stakeholders while ensuring compliance with regulatory requirements.

Formación

• Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree).
• 8–12 years of relevant experience.

Responsabilidades

• Develop, refine, and maintain sophisticated quantitative models that assess market, credit, operational, and portfolio-level risks.
• Lead the implementation and continuous improvement of analytical tools and processes used for risk measurement, forecasting, stress testing, and scenario analysis.
• Establish and interpret risk metrics, thresholds, and guidelines to ensure the organization’s exposure remains within acceptable boundaries.
• Evaluate the risk implications of new or evolving financial products, strategies, and business initiatives, providing actionable insights to stakeholders.
• Monitor macroeconomic trends, market conditions, and emerging risk signals to identify potential vulnerabilities and recommend mitigation strategies.
• Drive the creation of effective reporting frameworks that enhance transparency, data quality, and efficiency in communicating risk insights.
• Collaborate cross-functionally with business, finance, data, and technology partners to embed quantitative risk practices into decision-making processes.
• Provide technical guidance, mentorship, or subject-matter expertise to others to strengthen the organization’s overall analytical capabilities.
• Ensure adherence to internal policies, governance expectations, and regulatory requirements related to risk modeling and analytics.

Conocimientos

Quantitative finance

Statistics

Econometrics

Mathematics

Risk management

Model governance

Educación

Bachelor's degree in a relevant field

Herramientas

Python

R

SQL

Descripción del empleo

Description

This role provides advanced quantitative expertise to evaluate, model, and manage risk across diverse areas of the organization. This role leads the design and enhancement of analytical methodologies that support informed decision‑making, effective risk controls, and proactive identification of emerging threats to organizational objectives.

What You’ll Do :

• Develop, refine, and maintain sophisticated quantitative models that assess market, credit, operational, and portfolio‑level risks.
• Lead the implementation and continuous improvement of analytical tools and processes used for risk measurement, forecasting, stress testing, and scenario analysis.
• Establish and interpret risk metrics, thresholds, and guidelines to ensure the organization’s exposure remains within acceptable boundaries.
• Evaluate the risk implications of new or evolving financial products, strategies, and business initiatives, providing actionable insights to stakeholders.
• Monitor macroeconomic trends, market conditions, and emerging risk signals to identify potential vulnerabilities and recommend mitigation strategies.
• Drive the creation of effective reporting frameworks that enhance transparency, data quality, and efficiency in communicating risk insights.
• Collaborate cross‑functionally with business, finance, data, and technology partners to embed quantitative risk practices into decision‑making processes.
• Provide technical guidance, mentorship, or subject‑matter expertise to others to strengthen the organization’s overall analytical capabilities.
• Ensure adherence to internal policies, governance expectations, and regulatory requirements related to risk modeling and analytics.

Typical Scope

• Anticipates internal/external business issues and recommends product, process or service improvements. Leads projects or programs with significant risk and complexity and develops strategy for project execution. Analyzes complex business issues using conceptual thinking and exercises significant judgment on technical or highly complex problems. Makes recommendations impacting processes or outcomes.
• Exercises independent judgment in methods, techniques and evaluation criteria to work on significant and unique issues. Expert level knowledge in functional area and broad understanding of multiple disciplines. Applies innovative technical or industry knowledge. Communicates frequently with leadership.
• Acts independently to determine methods and procedures. May supervise the activities of others. Works autonomously under general guidance. May lead work group through expertise. Manages multiple processes or programs and establishes operational plans.

Essential Skills

Education & Experience:

• Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree)
• Required Experience: 8 - 12 years of relevant experience

Qualifications & Skills

• Strong expertise in quantitative finance, statistics, econometrics, mathematics, or a related discipline.
• Proven ability to build, validate, and interpret complex risk or financial models using tools such as Python, R, SQL, or similar analytics platforms.
• Deep knowledge of risk concepts—including market, credit, operational, and portfolio risk—and their application in financial or operational environments.
• Ability to translate complex analytical findings into clear, actionable recommendations for diverse stakeholders.
• Demonstrated capability to work independently on complex problems while contributing effectively within cross‑functional teams.
• Strong understanding of data structures, model governance, and analytical best practices.

Location:

Marlboro/Chelmsford, MA or Hillsboro, OR - HYBRID

Target Compensation

$146,500 - $176,000

Schedule

Monday - Friday 8am-5pm

Who We Are

Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.

Employees Are Eligible For

• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: You'll accrue up to 15 days in your first year. In addition, you'll receive 40 hours of sick time and 3 personal days, which refresh annually
• Paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria)

Employment Statements

First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

First Tech is not currently offering Visa transfer/sponsorship for this position.