Salary
💰 $152,100 - $327,000 per year
About the role
- Directs and controls strategy and executing of the firm's activities within a major infrastructure area.
- Recommends objectives, policies and plans for these areas with the most senior executives of the firm.
- Partners with the revenue areas to improve efficiency, effectiveness, productivity and/or control.
- Provide strategic direction to the development and implementation of quantitative and statistical models.
- Manage and lead in developing, maintaining, and back testing models to support respective LOBs.
- Implementation, modeling, and validation of quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital.
- Provide information to realize the optimal risk appetite and returns for lines of business, regional, and customer relationships.
- Oversees all staff within the relevant infrastructure area through the Management team.
Requirements
- Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area.
- Minimum 15 years experience in statistical/econometric modeling and database management.
- Database experience, 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.
- Experience with SAS, R and VBA is preferred.
- Prior management experience and evidence of leadership is a plus.
- Must have an understanding of both Basel II and economic capital frameworks.
- Experience in a cross- functional environment working with portfolio management concepts and constructing and explaining risk models.
- Able to express methodological and modeling concepts to senior management.
- Ability to understand complex issues and develop meaningful analyses and recommendations to various levels of management including top executive management.
- Able to support independent analytical viewpoints to production and executive management.
- Proficiency in interpreting content of applicable regulations governing credit risk oversight and portfolio reporting requirements.