QSG Analyst

Overview

***This is an NBN Connect post on behalf of another organization.

What we’re looking for

We’re looking for an organized and self-driven individual to join our Quantitative Strategies Group (QSG) as an Analyst. The Quantitative Strategies Group is responsible for researching and developing cutting-edge mathematical models to enable the fintech capital markets and strategic direct lending businesses.

What You’ll Do

· As a key member of the Business Risk unit within QSG, you will work on risk model/tool development and management. Help the lead of the unit in second and third line liaisons, working closely with model owners to ensure model compliance.

· Under the leadership and mentorship of the lead of the unit, carry out light modeling activities, including but not limited to model enhancements, error corrections, what-if analysis, and outcome attributions. Author high-quality model documentation, execute model monitoring plans, and build solutions for identified model issues.

· Participate in all model production runs necessary for regulatory, capital management, and business processes. Take complete ownership of the assigned procedure, build presentation artifacts, ad-hoc analytics, and conduct deep dives.

· Maintain model inventory and calendar for different activities like validation, model production for various usages, Q&A with second and third line, etc.

· Participate in validation discussions with MRM, including iterating on validation findings and proposed resolutions. Assist the unit lead for off-second and third line, as well as external regulatory exams.

Education and Experience

· Strong quantitative & analytical skills: The role requires a strong quantitative background (PhD /Master’s Degree or equivalent) in Statistics, Mathematics, Operations Research, Physics, or a quantitative science

· Minimum 4+ years prior experience in an Analytics function, Model Development, or Model Validation. Experience with Credit risk models and experience in model validation is preferable. Past experience working in a Model Risk Management function or a Model Risk Oversight function is a definite plus. Understanding of capital markets, securitizations, and consumer credit products is a plus.

· Strong communication skills: Verbal and Written, as well as excellent negotiation and diplomacy skills required. Risk and control mindset: Ask incisive questions, assess the materiality of issues, and escalate as required.

· Broad knowledge of relevant Modeling frameworks and standards. Sound project management /organizational skills: flexible, adaptable to shifting priorities to achieve the most effective result, and able to work in a fast-paced environment are required.