Quantitative Credit Risk Modeling Analyst I

Frost • San Antonio, TX

3d

About The Position

It’s about giving people a sense of security. Do you enjoy researching and extracting insights from data? Would others describe you as being reliable and resourceful? Do you have a background in statistics, mathematics, or finance? If so, being a Quantitative Credit Risk Modeling Analyst I with Frost could be for you. At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled financial services. Who you are: As a Quantitative Credit Risk Modeling Analyst I, you will assist in the development,monitoring and execution of internal risk models throughout the bank. You enjoy interpreting data to identify potential risk exposure to the organization. More than that, this role is about providing top-quality service keeping integrity, caring, and excellence top of mind. What you’ll do: Monitor and execute risk models across a wide range of bank areas to ensure that they are aligned with Frost’s risk strategy. These may include (but are not limited to) models related to fraud, AML, PPNR, interest rates, credit-risk, marketing, and Dodd-Frank stress-testing Perform periodic analysis of line of business risk models. Interpret data to determine any potential risk exposure and/or enhance both strategic and tactical decision making by management Interact with Model Validation by reviewing policies, controls, risk assessments, documentation standards, and validation standards required to manage the modeling processes used throughout the Lines of Business Ensure the bank is in compliance in accordance to regulatory guidance Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

Requirements

• Bachelor’s degree in mathematics or a mathematically related field such as mathematical finance, financial engineering, statistics, operations research or economics
• 1+ years experience with modeling, preferably within the financial services industry
• Experience with documenting technical aspects of a model as well as presenting results/findings
• Proficient in SQL, SAS, or R
• Proficient in Microsoft computer applications
• Excellent written and verbal communication skills

Nice To Haves

• Advanced degree (Ph.D. or Master’s) in mathematics or a mathematically related field such as mathematical finance, financial engineering, statistics, operations research or economics
• Mastery of statistics and numerical techniques

Responsibilities

• Monitor and execute risk models across a wide range of bank areas to ensure that they are aligned with Frost’s risk strategy. These may include (but are not limited to) models related to fraud, AML, PPNR, interest rates, credit-risk, marketing, and Dodd-Frank stress-testing
• Perform periodic analysis of line of business risk models.
• Interpret data to determine any potential risk exposure and/or enhance both strategic and tactical decision making by management
• Interact with Model Validation by reviewing policies, controls, risk assessments, documentation standards, and validation standards required to manage the modeling processes used throughout the Lines of Business
• Ensure the bank is in compliance in accordance to regulatory guidance
• Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

Benefits

• Medical, dental, vision, long-term disability, and life insurance
• 401(k) matching
• Generous holiday and paid time off schedule
• Tuition reimbursement
• Extensive health and wellness programs, including our Employee Assistance Program
• Referral bonus program
• + more!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level