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The position of Senior Quantitative Analyst - MRM at Fifth Third Bank presents an opportunity for candidates to excel by making banking processes better. The job focus is on problem-solving and requires expertise to interpret policies, guiding complex transactions or issues. This role comes with a significant level of responsibility, necessitating ownership of processes, reporting, procedures, or products. Candidates are considered analytical experts, representing their respective unit on cross-functional projects.
The responsibilities of this role include:
Providing quantitative support across the Risk and Finance divisions. This includes implementation, modeling, and validation of quantitative models like PD, LGD, ALM, CCAR, QRM, MRM, and Economic Capital.
Ongoing development and maintenance of quantitative and statistical models, along with back testing to support various Lines of Business (LOBs).
Ad-hoc reporting requests for quantitative modeling, ensuring risk is managed through effective communication within the organization.
Promoting a culture of accountability by adhering to the Bank's policies while striving to deliver an exceptional customer experience.
Overseeing the day-to-day work of junior level employees when necessary, providing guidance without full managerial responsibilities.
Candidates seeking the role should meet the following requirements:
4-5 years of relevant work experience in quantitative analysis or a similar field.
An advanced degree in quantitative analytics, economics, statistics, engineering, or a related field is vital.
Demonstrated expertise in statistical/econometric modeling and database management is expected.
Proficient in programming languages and software such as Python, SAS, SQL, VBA, and Business Objects.
Strong written and verbal communication skills along with analytical capabilities to analyze complex financial data.
Experience with Microsoft Office tools like Word, Excel, PowerPoint, and Outlook is necessary. Familiarity with additional tools like R is a preference.
Prior experience in a management capacity or demonstrated leadership traits would be advantageous but not required.
The salary range for the Senior Quantitative Analyst position is noteworthy, with a total base pay range of $80,500.00 - $169,100.00 per year. This competitive salary aligns with the high level of expertise and responsibility demanded in the role.
The position is remote, allowing flexibility in the work environment. As a virtual position, it requires a strong ability to collaborate with team members across different geographical locations without compromising productivity. While operating outside of traditional office spaces, candidates are expected to maintain a high level of accountability and demonstrate effective independent working skills.
Fifth Third Bank is committed to creating an inclusive company culture, emphasizing a diverse workforce and ensuring equal employment opportunities. This commitment reflects on their hiring practices and workplace environment, making it a conducive area for growth and personal development.
In conclusion, the Senior Quantitative Analyst - MRM role at Fifth Third Bank presents a strong career interest for individuals with a robust background in quantitative analytics and risk management. Offering competitive compensation, a remote work environment, and a workplace that values diversity and inclusion, this role is ideal for driven individuals ready to make a significant impact in banking.
This job offer was originally published on himalayas.app
This job offer summary has been generated using automated technology. While we strive for accuracy, it may not always fully capture the nuances and details of the original job posting. We recommend reviewing the complete job listing before making any decisions or applications.
