Quantitative Asset Specialist

Truist•Atlanta, GA

1d•Onsite

About The Position

The Quantitative Asset Management team is responsible for enabling and supporting the Bank on the identification and proactive risk management of quantitative assets. This is a 1LoD enablement function, supporting the enterprise in compliance with 2LoD requirements. Quantitative Assets include models and End User Computing Tools (EUCs). This teammate will partner cross-functionally to execute effective, efficient, and proactive compliance with Truist’s risk management requirements, including identification of Quantitative Assets and the ongoing risk management of those assets.

Requirements

Bachelor’s degree in Finance, Economics, Business, Mathematics, Statistics or other business or risk management related areas.
One to three years (1-3) of relevant experience in the financial industry or equivalent governance field including experience in data science/analytics, model and /or EUC risk management, and/or governance, framework, and controls design and testing, etc.
Strong communication skills, both written and verbal. Ability to manage competing organizational priorities effectively.
Ability to think critically and strategically, multi-task, and drive change. Strong work ethic & problem-solving skills.
Strong quantitative, governance, and analytic abilities. Able to design, generate, execute, and effectively challenge analytical reporting using data science or BI applications such as Excel, Tableau, Python, or Snowflake.
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Nice To Haves

Experience across large financial institutions and consulting firms a plus.

Responsibilities

Execute on regulatory risk, external events and quantitative asset (QA) governance requirements including QA identification, governance, controls execution and testing/monitoring in support of assigned business units.
Assist with the establishment and maturation of the firm’s quantitative asset risk programs (including quantitative asset management) to meet with regulatory expectations.
Serve as a subject matter expert for quantitative asset management programs, providing effective challenge as necessary to first line design, updates, & changes.
Identify efficiency and other enhancement opportunities within the model, QAM, and EUC framework, process, and application for the coverage area; designing and working with key stakeholders to implement.
Monitor adherence of business partners to QAM risk programs including developing KRI/KPI metrics; sharing best practices with 1LOD partners & leaders.
Design, establish, automate, and own analytical reporting to be used in monitoring and reporting on quantitative asset programs, as well as for regulatory, TAS and 1st line presentations.
Act as a liaison between the first line teammates and second line risk program owners/risk partners.
Establish working relationships with 1st and 2nd line risk partners