Junior Quantitative Risk Position with a Bank recruitment
As a Quantitative Analyst you will be responsible for developing analytic methods/models to measure, forecast, and report various types of risk.
Responsibilities include:
-Develop quantitative models to help management better understand/manage risk. These models will cover a broad array of risk types including commercial credit, operational, business and insurance risk.
-Perform quantitative analysis of large-scale data sets to extract key insights including developing presentations of findings
-Develop macro-economic forecasting models for the bank's risk and income including forecasting methodologies including stress testing.
-Continuing analysis and monitoring of model assumptions and statistical uncertainty associated with both assumptions and model output
-Contributing to model documentation and reporting on model framework and development progress to regulators, auditors, and key businesses partners
Qualifications:
-PhD or M.S. in quantitative discipline (e.g., statistics, economics, mathematics, financial engineering, etc.)
-Excellent knowledge in statistics, mathematics, and financial modeling
-2-4 years of related experience
-Ability to work in a team environment and to effectively collaborate with other internal staff and service partners
-Good programming skills and ability to use advanced statistical programming languages (e.g., SAS, S+, R, Matlab, etc.)
-Demonstrated project management skills, ability to work on multiple projects on a concurrent basis, and able to meet deadlines
-Eligible to work in the US
