Quantitative Model Analyst

Valley Bank; Morristown (NJ); Hybrid; USD 122,200 - 192,500; Full time

Benefits offered by this job

Standard benefits package

Job summary

Valley National Bank d/b/a Valley Bank in Morristown, NJ seeks a Quantitative Model Analyst to perform quantitative and qualitative analyses of financial models, including stress testing and rate-sensitivity models. You will conduct statistical analyses, establish model validation processes, and ensure data integrity and reliability.

The role may be performed remotely up to one day per week. Requirements include a Bachelor's degree in Economics or Statistics and one year of related experience in

Qualifications

• Bachelor's degree in Economics, Statistics, or a closely related field.
• One year of experience in financial analysis or modeling.
• Experience may be concurrent and remote work is allowed up to one day per week.

Responsibilities

• Analyze financial models quantitatively and qualitatively.
• Evaluate capital stress testing and interest rate-sensitivity models.
• Validate models focusing on design, data integrity, and reliability.

Skills

Quantitative analysis

Statistical analysis

Model validation

Data integrity

Education

Bachelor's degree in Economics, Statistics, or a closely related field

Job description

Quantitative Model Analyst sought by Valley National Bank d/b/a Valley Bank in Morristown, NJ.
,

Perform quantitative and qualitative analyses of financial models, including the capital stress testing model and the interest rate-sensitivity model. Conduct statistical analyses and determine appropriate model validation processes and frequencies. Validate selected models including theoretical model design, data integrity and completeness, and reliability.,

Job Requirements

Bachelor's degree (or foreign equivalent) in Economics, Statistics, or a closely related field. Requires one year of experience in the job offered or a closely related role. One year of experience performing financial analysis, financial modeling, and statistical analysis. Experience may be concurrent. Job may be performed remotely up to one day per week.

Salary: $122,200 to $192,500/year. Standard benefits package.