Senior Principal Financial Modeling & Quantitative Analyst
Senior Principal Financial Modeling & Quantitative Analyst
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Job Description
Please reference the schedule and minimum qualifications listed below before applying.
If you need assistance with filling out our application form or during any phase of the application interview or employment process please notify our Human Resources Team at option 1 or email and every reasonable effort will be made to accommodate your needs in a timely manner.
Job Summary
The Senior Principal Financial Modeling & Quantitative Analyst leads the development of advanced financial and quantitative models that support strategic decision-making across our banking operations. This role will be instrumental in capital planning risk modeling asset-liability management and regulatory forecasting/reporting. The analyst combines their deep banking or credit union knowledge with strong quantitative skills.Job Description
LOCATION
Mountain America Center - In Office:
9800 S Monroe St
Sandy UT 84070
SCHEUDULE
Full Time
To be effective an individual must be able to perform each job duty successfully.
- Design build and maintain sophisticated financial and quantitative models for:
- Net interest income (NII) and balance sheet forecasting
- Credit risk and loan loss modeling (e.g. CECL PD/LGD/EAD)
- Capital stress testing and scenario analysis
- Asset-liability management (ALM) and interest rate risk
- Capital markets and investment analysis
- Lead the development of short- and long-term liquidity forecasting models.
- Analyze the impact of interest rate changes on liquidity and funding strategies.
- Collaborate with FP&A and Treasury teams to align liquidity planning with business operations and capital structure goals.
- Evaluate and recommend strategies for optimizing working capital and minimizing liquidity risk.
- Apply statistical and quantitative techniques to model development and validation. Lead quantitative analysis to support pricing strategies portfolio optimization and risk-adjusted return metrics
- Collaborate with Accounting & Treasury 2nd and 3rd line Risk FP&A and Regulatory Reporting teams to align modeling assumptions and outputs
- Ensure model governance documentation and compliance with regulatory expectations
- Provides policy recommendations and best practices for model governance and critical measures
- Present findings and model outputs to senior & executive leadership board committees and regulators
- Lead and mentor a team of financial modelers and quantitative analysts
KNOWLEDGE SKILLS and ABILITIES
The requirements listed are representative of the knowledge skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
Education and Experience
- Bachelors degree in Finance Mathematics Statistics or a related field; advanced degree (MS MBA PhD) or certifications (CFA FRM) preferred.
- 7 years of experience in financial modeling and quantitative analysis within banking or financial services.
- Strong understanding of bank or credit union financials regulatory capital (Basel III/IV) and liquidity frameworks (LCR NSFR).
- Proficiency in Excel VBA and financial modeling tools
- Experience with ALM systems management (preferred: BancWare Empyrean ZMFS)
- Experience with statistical modeling and scenario analysis
- Familiarity with regulatory stress testing frameworks (and CECL modeling preferred but not required)
- Ability to translate complex quantitative insights into strategic recommendations
- Brings strategic business context to decisions made across groups
Knowledge & Skills
- Experience working in the Workday Financial Management environment preferred
- Knowledge of data visualization tools such as Power BI and Tableau
- Prior involvement in securitizations whole loan or participation sales or structured finance preferred.
- Experience working in either a Symitar or Correlation: Keystone environment preferred
- Experience developing hedging strategies using derivatives such as interest rate swaps caps floors and futures preferred.
- Functional thought leader sought after for key decisions
- Leverages knowledge of trends in profession and/or specialized areas to influence strategy
- Leadership and talent management skills
- Strategic thinking
- Problem solving skills
- Verbal/written communication skills
Leadership and Organization Development
- Creates a sense of urgency and accountability in delivering objectives and a culture which fosters innovation and creativity
- Coaches individuals to reach full potential
- Significantly participates in recruiting efforts. Continually raises the bar
- May be responsible for communicating team or department vision and goals
- Oversees planning process and delegation across teams and/or departments
- Go-to person in at least one major functional or technical area
- Has authority over decisions for particular projects within a group
Scope and Strategic Impact
- Applies specialized knowledge to implement programs and initiatives and contributes to solving problems of high complexity.
- Will serve as a technical lead for our most complex cross functional projects.
- Analyzes data to summarize findings and draws conclusions about programs to project teams
- Contributes to projects that impact the organization and is accountable for impact analysis of programs and initiatives
- Assists with priority projects and provides for a review and recommendation on current processes and technologies that facilitate operational efficiencies
- Develops relationships with key business and functional leaders
- Applies advanced subject matter knowledge to complex business issues and is regarded as a subject matter expert
- Able to handle most unique situations
- Develops expertise and may help set functional procedures and direction
- Initiates projects for a team or approves proposed projects from teams
- Identifies and institutionalizes best practices
- Develops solutions to some of the companys most challenging issues requiring significant ingenuity
- May develop long-term strategies and influence leadership decisions
- Keeps abreast of industry trends and applies knowledge to MACUs business
- Functional thought leader sought after for key decisions
Analytical Thinking & Problem Solving
- Works on complex problems / projects where analysis of situations or data requires an in-depth evaluation of multiple factors
- Exercises significant independent judgment within broadly defined procedures and practices to determine best method for accomplishing work and achieving objectives
- Makes decisions on most complex business issues
PHYSICAL ABILITIES / WORKING CONDITIONS
Physical Demands
Ability to sit talk and hear consistently
Vision Requirements
Close vision (clear vision at 20 inches or less)
Distance vision (clear vision at 20 feet or more)
Color vision (ability to identify and distinguish colors)
Weight Lifted or Force Exerted
Ability to lift up to 10 pounds frequently and up to 25 pounds occasionally
Environmental
There are no unusual environmental factors (such as a typical office)
Noise Environment
Moderate noise (business office with computers and printers light traffic)
***This Job is not eligible to be performed in Colorado or Connecticut either remotely or in-person.***
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Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.
Required Experience:
Staff IC
Employment Type
Full-Time
