Quantitative Model Development Manager – Retail Credit Loss Forecasting
Truist
full-time
Posted on:
Location Type: Office
Location: Atlanta • North Carolina • United States
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About the role
- Manage a team of quantitative analysts focused on model development efforts specific to finance and risk measurement estimation methodologies
- Responsible for the end-to-end development life cycle of quantitative models related to the company's management and mitigation of risk
- Ensure that model risks are properly identified and managed
- Partner across the firm including Risk Functions and lines of businesses to evaluate and improve models continuously.
- Areas of model development include retail credit loss forecasting models used for BAU, CCAR and CECL processes.
- Lead periodic model review, model performance monitoring and validation finding mitigation following deployment.
Requirements
- Five years of relevant experience in best practices, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models
- Three+ years of model development experience using SAS or other applicable model development software/programming tools
- Management ability: Ability to manage projects and a team to successful outcomes
- Strong English communication skills, both written and verbal
- Ability to distill complex mathematical concepts into actionable results
- Strong work ethic; promote and conduct continued development of personal and associate knowledge base and technical skills
- Organization skills: Ability to communicate and manage competing organizational priorities effectively
- Problem solving skills: Strong problem solving skills
- Education: Advanced degree or equivalent experience in Statistics, Econometrics, Operations Research, Actuarial Science, Applied Mathematics, or other applied quantitative science, or equivalent education and related training
Benefits
- medical, dental, vision, life insurance
- disability, accidental death and dismemberment
- tax-preferred savings accounts
- 401k plan
- no less than 10 days of vacation
- 10 sick days
- paid holidays
- defined benefit pension plan eligibility
- restricted stock units eligibility
- deferred compensation plan eligibility
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
quantitative modelsmodel developmentrisk measurementSASmodel validationcredit loss forecastingCCARCECLmathematical conceptsstatistical analysis
Soft Skills
management abilitycommunication skillsorganizational skillsproblem solving skillsstrong work ethicteam leadershipproject managementcollaborationcritical thinkingadaptability