Senior Manager, Quantitative Analysis - Model Risk
Senior Manager, Quantitative Analysis - Model Risk
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$ 204900 - 233800
1 Vacancy
Job Description
At Capital One data is at the center of everything we do. As a startup we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database cutting edge technology in 1988! Fastforward a few years and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of datadriven decisionmaking.
As a Quantitative Analyst at Capital One youll be part of a team thats leading the next wave of disruption at a whole new scale using the latest in cloud computing and machine learning technologies and operating across billions of customer records to unlock the big opportunities that help everyday people save money time and agony in their financial lives.
As a Senior Manager Quantitative Analyst within the Model Risk Office you will be part of the Model Validation Team working on the validation of Economic forecasting models stress testing models finance forecasting models and Interest Rate and Liquidity Risk Management models. Validations cover all aspects of model development and performance and include forwardlooking advancements in model sophistication and quality. You will enhance your technical and analytical skills while also working closely with business leaders to influence business strategy. With a network of over 200 quantitative analysts and statisticians weve created a dynamic environment with plenty of room for you to learn grow and realize your full potential.
Responsibilities:
Remain on the leading edge of analytical technology with a passion for the newest and most innovative tools
Develop alternative model approaches to assess model design and advance future capabilities
Understand relevant business processes and portfolios associated with model use
Understand technical issues in econometric statistical and machine learning modeling and apply these skills toward developing models and assessing model risks and opportunities
Communicate technical subject matter clearly and concisely to individuals from various backgrounds both verbally and through written communication; prepare presentations of complex technical concepts and research results to nonspecialist audiences and senior management
Maintain the efficiency and accuracy of our models through continuous improvement and application of best practices
Develop and maintain high quality and transparent documentation
Leverage the latest open source technologies and tools to identify areas of opportunity in our existing framework
Expertise in quantitative analysis is central to our success in all markets. Our modelers thrive in a culture of mutual respect excellence and innovation.
Successful candidates would possess:
Demonstrated trackrecord in modeling and experience utilizing model estimation tools such as Python or R
Ability to clearly communicate modeling results to management model risk office regulator and other modelers
Drive to continuously improve all aspects of their work in a collaborative fashion
Experience in machine learning
Strong communication skills with the ability to quickly understand existing models and new requirements/business needs
Experience working with Agile development methodologies
Strong grasp of econometric theory and methodologies
Desire to remain on the leading edge of analytical technology with a passion for the newest and most innovative tools.
Basic Qualifications:
Currently has or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:
A Bachelors Degree in a quantitative field (Statistics Economics Operations Research Analytics Mathematics Computer Science or a related quantitative field) plus 7 years of experience performing data analytics
A Masters Degree in a quantitative field (Statistics Economics Operations Research Analytics Mathematics Computer Science or a related quantitative field) or an MBA with a quantitative concentration plus 5 years of experience performing data analytics
A PhD in a quantitative field (Statistics Economics Operations Research Analytics Mathematics Computer Science or a related quantitative field) plus 2 years of experience performing data analytics
Preferred Qualifications:
PhD in Economics Statistics Mathematics Financial Engineering Finance Physics or related disciplines
At least 5 years of experience in statistical modeling or regression analytics or machine learning
At least 2 years of experience managing largescale projects
At least 2 years of experience managing a team of analysts
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
The minimum and maximum fulltime annual salaries for this role are listed below by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for parttime roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Richmond VA: $204900 $233800 for Sr Mgr Quantitative AnalysisCandidates hired to work in other locations will be subject to the pay range associated with that location and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidates offer letter.
This role is also eligible to earn performance based incentive compensation which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.Capital One offers a comprehensive competitive and inclusive set of health financial and other benefits that support your total wellbeing. Learn more at theCapital One Careers website. Eligibility varies based on full or parttime status exempt or nonexempt status and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy childbirth or related medical conditions) race color age national origin religion disability genetic information marital status sexual orientation gender identity gender reassignment citizenship immigration status protected veteran status or any other basis prohibited under applicable federal state or local law. Capital One promotes a drugfree workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries including to the extent applicable Article 23A of the New York Correction Law; San Francisco California Police Code Article 49 Sections; New York Citys Fair Chance Act; Philadelphias Fair Criminal Records Screening Act; and other applicable federal state and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position and you require an accommodation please contact Capital One Recruiting ator via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital Ones recruiting process please send an email to
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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Required Experience:
Senior Manager
Employment Type
Full-Time
