Quantitative Model Analyst

Valley Bank; Morristown (NJ); Ibrido; USD 122.000 - 193.000; Tempo pieno

Descrizione del lavoro

Valley National Bank d/b/a Valley Bank in Morristown, NJ, is seeking a Quantitative Model Analyst to perform quantitative and qualitative analyses of financial models, including stress testing and interest-rate sensitivity models. The role conducts statistical analyses and determines model validation processes, data integrity, and reliability.

The ideal candidate holds a bachelor's degree and has one year of related experience; remote work up to one day per week is allowed.

Competenze

• Bachelor's degree in Economics, Statistics, or related field.
• One year of experience in financial analysis.
• Experience with financial modeling and statistical analysis.
• Remote work up to one day per week.

Mansioni

• Analyze financial models including capital stress testing and interest rate-sensitivity models.
• Validate model design, data integrity and reliability.

Conoscenze

Financial modeling

Statistical analysis

Model validation

Data integrity

Formazione

Bachelor's degree in Economics/Statistics

Descrizione del lavoro

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.