QSG Analyst

We’re looking for an organized and self-driven individual to join our Quantitative Strategies Group (QSG) as an Analyst. 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, carryout 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 remediation. 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 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 Degree or equivalent) in Statistics, Mathematics, Operations Research, Physics, or a quantitative science Minimum 2+ 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, consumer credit products 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 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 is required.