Analyst/Associate - Model Validation - Credit Risk/Market Risk - Non-Model Estimation Automation

Job Summary

Estimations Design & Analysis (EDA) sits within the CFO organization and is responsible for, in partnership with Line of Businesses and Corporate teams, analyzing the underlying methodology of estimations in the firm and ensuring that they are in accordance with policy guidelines, and supporting the end-to-end life-cycle of estimation method design, build and integration with F3.

In this role, the person will work with LOB clients to enhance estimation method design by improving model estimation approaches being used and/or by developing more advanced non-model estimation approaches. The person will analyze existing estimation documentation, gain access to estimation input data and assumptions, and experiment to create better statistical models or non-model approaches. The person will also be responsible for also creating documentation supporting any newly created approaches and also for preparing for independent reviews. This position provides a rare opportunity for motivated candidates to learn about forecasting methodologies across various LOBs and products across the firm and participate in and understand the end-to-end process from estimation design to implementation.

The position involves interaction with many teams across the firm including LOBs and Corporate finance functions, model development, and technology & operations. The ability to work efficiently and communicate effectively across these boundaries will be one of the keys to success.

Education

Degree in a Finance, Economics, Statistics, Engineering or related field; advanced degree a plus; FRM, CFA, CPA certification a plus.

Qualifications

- Experience into model validation, risk calculation

- Experience on R, Python, SAS.

- 3 to 5 years work experience in financial analysis or risk management working with mathematical logic and functions

- General understanding of a banking organization hierarchy and structure

- Knowledge of financial products/markets and regulatory requirements a plus

- Strong analytical and problem solving skills

- Attention to detail

- Experience partnering with technology and business to drive strategic projects

- Candidate must be a self starter who is able to work in a fast paced, results driven environment

- Good organizational, written and communication skills