Director of Quantitative Analytics & Model Oversight - Confidential : Job Details

Director of Quantitative Analytics & Model Oversight

About the Company

An internationally recognized banking group in the financial services industry, this subsidiary of a public company has been a key player since its founding in 1996, employing over 10,001 individuals globally.

About the Role

The Company is on the lookout for a talented Director of Quantitative Analytics and Model Oversight to lead the charge in creating a fully digital bank that resonates with customer needs and interests. This pivotal role includes:

• Providing expert oversight over various financial risks such as credit, market, liquidity, and model risk.
• Managing the end-to-end Current Expected Credit Loss (CECL) allowance process and credit forecasting activities.
• Playing a crucial part in stress testing and preparing the bank for the Comprehensive Capital Analysis and Review (CCAR).

To thrive in this role, a strong background in credit risk management, CECL reserving, and experience in a fast-paced, economically challenging environment are crucial. The ideal candidate will:

• Hold a Bachelor's degree in a quantitative field, with an advanced degree or professional certification preferred.
• Possess a CFA or FRM certification.
• Have over 12 years of experience focusing on credit risk management and financial forecasting.
• Exhibit excellent communication, presentation, and interpersonal skills for effective collaboration with various stakeholders, including senior management such as the CEO and Board of Directors.
• Demonstrate a proven leadership track record, solid understanding of financial and regulatory landscapes, and an unwavering commitment to integrity and risk management.

Experience with CCAR and a deep knowledge of commercial and retail banking lending products, including risk modeling and data analysis, are highly desirable. Join us in this exciting opportunity and play a significant role in shaping the future of banking.

Hiring Manager Title Managing Director, Head of Financial and Quantitative Risk

Travel Percent Less than 10%

Functions

• General Management