Senior Quantitative Analyst - MRM

Fifth Third Bank; United States; Remote; USD 80,000 - 170,000; Full time

Job summary

An established industry player is seeking a Senior Quantitative Analyst to provide quantitative support in Risk and Finance. This role involves implementing and validating complex quantitative models, ensuring adherence to policies while driving a positive customer experience. The ideal candidate will possess strong analytical skills, a solid background in statistical modeling, and proficiency in tools like Python and SAS. Join a dynamic team where your expertise will contribute to innovative solutions and enhance the overall banking experience. This is an exciting opportunity to make a significant impact in a collaborative environment.

Qualifications

• 4-5 years of work experience in quantitative analytics or related fields.
• Experience in statistical/econometric modeling and database management.

Responsibilities

• Provide quantitative support throughout Risk and Finance divisions.
• Develop, maintain, and back test models for respective LOBs.

Skills

Statistical Modeling

Database Management

Python

SAS

SQL

VBA

Business Objects

Analytical Skills

Communication Skills

Education

Advanced Degree in Quantitative Analytics

Degree in Economics

Degree in Statistics

Degree in Engineering

Tools

Microsoft Office (Word, Excel, PowerPoint, Outlook)

R

Job description

Make banking a Fifth Third better

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GENERAL FUNCTION:

Day to day focus is on resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes. Role at this level usually has full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural experts representing a unit or team on cross-function process or project deliverables.

ESSENTIAL DUTIES AND RESPONSIBILITES:

• This person will provide quantitative support throughout the Risk and Finance divisions. This will include the implementation, modeling, and validation of quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital.
• Provide ongoing support to the development and implementation of quantitative and statistical models.
• Developing, maintaining, and back testing models to support respective LOBs. Also will have responsibility for ad-hoc reporting requests for quantitative modeling.
• Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.
• Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.
• While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

SUPERVISORY RESPONSIBILITIES:

May supervise day to day work of junior level employees, but will not typically have formal management role.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Minimum of 4-5 years work experience.
• Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area.
• Experience in statistical/econometric modeling and database management.
• Python, SAS (including statistical modeling), SQL, VBA, and Business Objects.
• Strong verbal and written communication skills.
• Strong analytical skills.
• Ability to present a professional image.
• Ability to work in a team environment.
• Ability to multi-task and to be flexible.
• Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary. Experience with Python, SAS, R and VBA is preferred.
• Prior management experience and evidence of leadership is a plus.

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Senior Quantitative Analyst - MRMTotal Base Pay Range 80,500.00 - 169,100.00 USD AnnualLOCATION -- Virtual, Ohio 00000

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.