Head of Quantitative Business Solutions

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

JOB SUMMARY
The Head of Quantitative Business Solutions is a senior executive responsible for translating advanced quantitative methodologies into scalable production-ready solutions that directly support the banks core client facing business lines including consumer small business wealth and wholesale. This role serves as a critical bridge between quantitative research and development technology and business stakeholders ensuring that analytical models optimization tools and decision engines are effectively embedded into frontline processes. The position oversees the design delivery monitoring and continuous improvement of end-to-end quantitative solutions with a focus on enhancing risk-adjusted returns credit extension operational efficiency and customer outcomes while maintaining alignment with regulatory expectations and model risk management standards.

In addition the Head of Quantitative Business Solutions leads an organization of quantitative professionals to industrialize models and analytics ensuring robustness scalability and proper governance throughout the model lifecycle. The role partners closely with business executives risk management and technology leadership to prioritize initiatives allocate resources and drive strategic transformation delivery and decisioning related. A key mandate includes establishing best practices for model integration monitoring and performance measurement while fostering innovation through the adoption of advanced analytics and machine learning techniques in a controlled and compliant manner and effective model risk mitigation.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.

1. Set model development strategy and priorities across in-scope major client facing business line portfolios aligning investment and sequencing to business strategy risk appetite and regulatory expectations.

2. Own executive accountability for model development delivery across multiple teams/leaders including scope resourcing quality and timelines for new builds redevelopments and material changes across the inventory.

3. Ensure consistent application of required controls and procedures across model tiers and portfolios.

4. Establish/lead a high-performing organization of quantitative professionals including hiring succession planning performance standards and capability building to sustain leading model development practices.

5. Scale model development infrastructure and operating model including leading tooling (languages platforms etc.) development libraries reusable components governance routines and transparent reporting that improves throughput while strengthening controls.

6. Drive model opportunity intake and portfolio shaping with lines of business and functions helping stakeholders identify viable modeling opportunities define business objectives clarify intended use and set effective implementation pathways and sustainability plans.

7. Lead senior engagement with Model Risk Oversight Audit and regulators including executive-level responses governance presentations and remediation planning representing model development positions with clarity credibility and strong evidentiary support.

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Masters degree in Statistics Econometrics Applied Mathematics Operations Research Data Science Engineering Computer Science or other applied quantitative science (or equivalent education and related training).

2. Twelve (12) years of relevant experience in a quantitative function in a financial services setting (or equivalent regulated industry experience).

3. Seven (7) years of leadership experience setting performance standards and driving deliverables across multiple teams.

4. Deep expertise across in quantitative model development model lifecycle management and/or model risk management.

5. Demonstrated success leading large-scale high-impact programs including work involving complex portfolios cross-functional stakeholders and risk/regulatory scrutiny.

6. Demonstrated senior-level experience partnering with oversight partners auditors and/or regulators including the ability to communicate complex quantitative topics in clear executive language.

7. Strong executive communication skills including the ability to influence senior leaders explain complex quantitative topics and represent the function credibly with risk audit and regulatory stakeholders.

Preferred Qualifications:

1. PhD in a quantitative discipline (e.g. Statistics Mathematics Econometrics Engineering etc.).

2. Experience managing major model portfolios tied to regulatory expectations (e.g. stress testing allowance/credit loss capital/liquidity/market risk fraud/financial crimes compliance).

3. Professional credentials such as FRM/CFA/CQF or equivalent advanced training and strong modern programming/data skills (e.g. Python/R/SQL) sufficient to set technical direction and standards (not necessarily as a daily individual contributor).

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.

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