Senior Quantitative Analyst, Model Risk & ML

Capital One; Deerfield (IL); On-site; USD 123,000 - 141,000; Full time

Job summary

Capital One is seeking a Quantitative Analyst to join the Model Risk function, working with model development and risk teams on Loan Loss Forecasting and ACL frameworks. The role involves collaborating across lines of business to enhance analytics, develop cloud-based solutions, and apply quantitative methods to improve performance.

The position requires a Master’s degree (or MBA with quantitative focus) and experience in statistical modeling, regression, and programming in R/Python/SQL, with

Qualifications

• Master’s degree in a quantitative field or MBA with quantitative concentration.
• 1 year of experience in statistical or econometric modeling, linear and logistic regression, programming in R, Python or SQL, and presenting statistical concepts to non-statistical audiences.
• At least 1 year of experience in at least 3 of: survival analysis, time-series, panel data, cross-sectional data, machine learning, large datasets (>1M records).
• Strong ability to clearly communicate modeling or validation results to diverse audiences.
• Drive to develop and maintain high-quality model documentation or validation reports.
• Strong written and verbal communication skills and solid presentation abilities.

Responsibilities

• Partner with the various lines of business to enhance modeling and analytical framework.
• Work across Capital One entities to create novel analytical solutions to challenging business problems.
• Identify opportunities to apply quantitative methods and automation solutions to improve performance and efficiency.
• Collaborate in a cross-disciplinary team to build cloud-based data-driven solutions.
• Identify opportunities to apply quantitative methods or machine learning to improve business performance.

Skills

Quantitative analysis

Machine learning

Econometric analysis

Model estimation tools

Communication

Documentation

Presentation

Education

Master's degree in a quantitative field

MBA with quantitative concentration

Tools

R

Python

SQL

Job description

Capital One is seeking a Quantitative Analyst to join the Model Risk function, working with model development and risk teams on Loan Loss Forecasting and ACL frameworks. The role involves collaborating across lines of business to enhance analytics, develop cloud-based solutions, and apply quantitative methods to improve performance.

The position requires a Master’s degree (or MBA with quantitative focus) and experience in statistical modeling, regression, and programming in R/Python/SQL, with