Quantitative Model Development Analyst
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Job Location:
Winston Salem, NC - USA
Monthly Salary:
Not Disclosed
Posted on:
19 hours ago
Vacancies:
1 Vacancy
Job Summary
The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have a profile with us you can log in to check status.
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
- Focus on aspects of model development specific to finance and risk measurement estimation methodologies.
- Responsible for aspects of the development life cycle of quantitative models.
- Assist with identifying and escalating model risks.
- Develop awareness of key partnerships specific to models within targeted scope of responsibility.
- Area of model development include market commercial retail credit financial crimes CCAR CECL finance and compliance risk.
- Participate in model reviews and validation finding mitigation following deployment.
- Conduct specific aspects of the model development life cycle. The model development life cycle includes data acquisition assessing data integrity model development documentation implementation assistance and assisting with closing assurance provider issue related to the model.
- Maintain and execute monitoring performance reporting and change-management processes. Work with stakeholders to ensure models fulfill the business objectives set for them.
- Ensure assigned parts of model development projects and processes comply with Truist requirements for model risk management and other policy requirements.
- Participate in mentoring and training to accelerate model development in areas of techniques process and business knowledge.
- Assist with user understanding and acceptance of models and associate analytics including written and verbal presentations to model users stakeholders managers and oversight groups.
- Address model questions from partners within the firm as needed including assurance providers.
- Assist with identifying recruiting and maintaining quantitative talent.
Requirements
- Must have a Masters degree in Statistics Econometrics Applied Mathematics or other applied quantitative science.
- Must have 1 year of experience in positions performing quantitative or data analytics with the following:
- Model development using SAS Python (including Pandas and Numpy) R Stata Excel and Tableau.
- Writing SAS data step code SQL queries using SAS PROC SQL and Excel VBA code.
- Model development methodology including data collection data cleaning variable identification and selection and model testing.
- Statistical methods including classical statistics statistical deep learning machine learning categorical analysis A/B testing time-series and multivariate statistical analysis.
- Analyzing and profiling data.
- Developing statistical models.
- Writing technical documentation.
- Presenting project results.
- Position may be eligible to work hybrid/remotely but is based out of and reports to Truist offices in Winston-Salem NC. Must be available to travel to Winston-Salem NC regularly for meetings and reviews with manager and project teams within 24-hours notice.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.
Required Experience:
IC
Key Skills
- Python
- C/C++
- Fortran
- R
- Data Mining
- Matlab
- Data Modeling
- Laboratory Techniques
- MongoDB
- SAS
- Systems Analysis
- Dancing
About Company
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