Model Risk Quant Analytics Manager
KeyBank
full-time
Posted on:
Location Type: Office
Location: Cleveland • New York, North Carolina, Ohio • 🇺🇸 United States
Visit company websiteSalary
💰 $112,000 - $210,000 per year
Job Level
Mid-LevelSenior
About the role
- Validate models across trading desks, ensuring alignment with regulatory standards and internal risk frameworks.
- Lead validation of IRRBB models, addressing volatility in interest rates and behavioral modeling complexities.
- Oversee validation of liquidity models used for stress testing and funding risk, ensuring resilience under adverse conditions.
- Explore and apply AI/ML techniques to develop challenger models and improve validation efficiency and model performance.
Requirements
- Master’s degree in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 5 years of relevant experience; or Bachelor’s degree in statistics, mathematics, economics, financial engineering, data sciences, predictive modeling, or other quantitative disciplines and at least 6 years of relevant experience
- Deep expertise in market risk, stochastic modeling, and IRRBB frameworks
- Strong understanding of behavioral assumptions and hedging strategies
- Experience with platforms like Calypso, QRM, Bloomberg
- Proven ability to lead cross-functional teams and communicate complex concepts clearly
Benefits
- Eligibility for incentive compensation subject to individual and company performance
- Bonuses
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
model validationAI techniquesML techniquesstochastic modelingpredictive modelingliquidity modelingstress testingbehavioral modelingrisk frameworkshedging strategies
Soft skills
leadershipcommunicationcross-functional team collaboration