Quantitative Risk Analyst Job
Quantitative Risk Analyst (Job Number: 1309003)
Description
Description: This position is responsible for developing, maintaining and validating risk models for quantifying various types of financial risks (such as operation risk, credit risk market risk and interest rate risk) inherent in the Corporation's business activities and processes. These models calculate values at risk or economic capitals that are reported to Senior Management and the Board of Directors on a regular basis as a key input to risk management decision making. Models must use methodologies that are theoretically sound, with modeling choices, assumptions and parameters that are justifiable and supportable. The incumbent ensures that model development, implementation, data input, reporting, documentation, validation and maintenance use best practices, adhere to consistency and quality standards, and follow the guidance of corporate policies and procedures and regulatory requirements.
Qualifications
Qualifications: The candidate must have a superb quantitative and analystical background with a solid theoretical foundation coupled with strong progamming, documentation and communications skills. Must have a Master's Degree/PhD preferred (e.g., mathematics, physics, statistics or engineering); at least 3-5 years of academic/industry experience in complex quantitative modeling; experience in numerical analysis and computational methods using programming languages (such as C/C++, C#, Java, FORTRAN, MATLAB, SAS) and mathematical/statistical software packages. Must be extremely focused, detail oriented, results oriented and highly productive. Must have the ability to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time. The candidate must have excellent scientific and technical documentation and presentation skills, assertiveness influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language.
Primary Location: United States-USA-PA-Pittsburgh
Internal Jobcode: 05257
Job: Audit/Compliance/Risk
Organization: Risk-HR06016
Leave a Reply
You must be logged in to post a comment.