Senior Quantitative Analytics Leader, Model Risk

Capital One; McLean (VA); On-site; USD 225,400 - 257,200; Full time

Job summary

Capital One seeks a Senior Manager, Quantitative Analysis within the Model Risk Office to lead the validation of economic forecasting, stress testing, and finance models. You will guide performance assessment, document processes, and influence business strategy with a team of over 200 quantitative analysts.

Responsibilities include advancing modeling technology, communicating results to senior management and regulators, and leveraging open-source tools.

Qualifications

• Demonstrated track-record in modeling and experience utilizing model estimation tools such as Python or R
• Drive to continuously improve all aspects of their work in a collaborative fashion
• Experience in machine learning
• Strong communication skills with the ability to quickly understand existing models and new requirements
• Experience working with Agile development methodologies
• Strong grasp of econometric theory and methodologies
• Desire to remain on the leading edge of analytical technology with a passion for the newest and most innovative tools.

Responsibilities

• Remain on the leading edge of analytical technology with a passion for the newest and most innovative tools
• Develop alternative model approaches to assess model design and advance future capabilities
• Understand relevant business processes and portfolios associated with model use
• Understand technical issues in econometric, statistical, and machine learning modeling and apply these skills toward developing models and assessing model risks and opportunities
• Communicate technical subject matter clearly and concisely to individuals from various backgrounds both verbally and through written communication; prepare presentations of complex technical concepts and research results to non-specialist audiences and senior management
• Maintain the efficiency and accuracy of our models through continuous improvement and application of best practices
• Develop and maintain high quality and transparent documentation
• Leverage the latest open source technologies and tools to identify areas of opportunity in our existing framework

Skills

Modeling & estimation

Communication of results

Machine learning

Agile methodologies

Econometric theory

Team leadership

Education

Bachelor’s degree in a quantitative field

Master’s degree in a quantitative field or MBA with quantitative concentration

PhD in a quantitative field

Tools

Python

R

Job description

Capital One seeks a Senior Manager, Quantitative Analysis within the Model Risk Office to lead the validation of economic forecasting, stress testing, and finance models. You will guide performance assessment, document processes, and influence business strategy with a team of over 200 quantitative analysts.

Responsibilities include advancing modeling technology, communicating results to senior management and regulators, and leveraging open-source tools.