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Quantitative Finance Analyst

New York, New York

Job Description:

The Quantitative Financial Analyst will contribute to the Corporate Audit Model Risk team's enterprise-wide coverage of model risk management. Responsible for independently conducting quantitative analytics and modeling projects. Responsible for developing new models, analytic processes or systems approaches. Creates documentation for all activities and works with Technology staff in design of any system to run models developed. Incumbents possess excellent quantitative/analytic skills and a broad knowledge of financial markets and products.

The candidate will assume the following responsibilities:

  • Read and understand financial regulatory guidance and technical publications.
  • Interview business partners in various lines of business and control functions to understand relevant aspects of model governance, development, validation, and use.
  • Apply this understanding to the auditing of model governance, model development, model validation, and model use. Produce written evaluations based on these audits.
  • Provide quantitative modeling consultation to other audit teams and engage with business partners in ensuring effective model risk management across the bank


Required Skills:

  • Master's or Ph.D. in a quantitative discipline such as mathematics, statistics, operations research, physics, or economics.
  • Sound organizational, analytical, quantitative, oral, and written communication skills.
  • Ability to work well with and communicate with others, from teammates to executives, and to present findings to upper level management and executives.
  • Ability to manage multiple work efforts and to quickly change direction as needed.
  • Expertise in one of R, SAS, C++, MatLab, Java

Desired Skills:

  • Quantitative financial experience.
  • Experience with financial regulatory guidance, audit or compliance

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Quantitative Financial Analyst will contribute to the Corporate Audit Model Risk team's enterprise-wide coverage of model risk management. Responsible for independently conducting quantitative analytics and modeling projects. Responsible for developing new models, analytic processes or systems approaches. Creates documentation for all activities and works with Technology staff in design of any system to run models developed. Incumbents possess excellent quantitative/analytic skills and a broad knowledge of financial markets and products.

The candidate will assume the following responsibilities:

  • Read and understand financial regulatory guidance and technical publications.
  • Interview business partners in various lines of business and control functions to understand relevant aspects of model governance, development, validation, and use.
  • Apply this understanding to the auditing of model governance, model development, model validation, and model use. Produce written evaluations based on these audits.
  • Provide quantitative modeling consultation to other audit teams and engage with business partners in ensuring effective model risk management across the bank


Required Skills:

  • Master's or Ph.D. in a quantitative discipline such as mathematics, statistics, operations research, physics, or economics.
  • Sound organizational, analytical, quantitative, oral, and written communication skills.
  • Ability to work well with and communicate with others, from teammates to executives, and to present findings to upper level management and executives.
  • Ability to manage multiple work efforts and to quickly change direction as needed.
  • Expertise in one of R, SAS, C++, MatLab, Java

Desired Skills:

  • Quantitative financial experience.
  • Experience with financial regulatory guidance, audit or compliance

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22000605

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Kristen Perry

Referral Bonus:

0

Street Address

Primary Location:
222 BROADWAY, NY, New York, 10038