Senior Quantitative Model Development Analyst- Retail CCAR and CECL

Truist Financial - Atlanta, GA

Part-time,Full-time - Mid Level

Atlanta, GA

Credit Intermediation and Related Activities

About the position

The Senior Quantitative Model Development Analyst role at Truist focuses on the development life cycle of quantitative models specific to finance and risk measurement methodologies. This position is responsible for model development, validation, and ensuring compliance with model risk management policies. The analyst will work closely with stakeholders to ensure models meet business objectives and assist in mentoring and training to enhance model development capabilities.

Responsibilities

• Conduct specific aspects of the model development life cycle including data acquisition, assessing data integrity, model development, documentation, and implementation assistance.
• Evaluate, develop, and maintain monitoring, performance reporting, and change-management processes.
• Ensure compliance of assigned parts of model development projects with Truist's model risk management requirements.
• Assist in mentoring and training to accelerate model development in techniques, processes, and business knowledge.
• Facilitate user understanding and acceptance of models through presentations and communication with stakeholders.
• Address model-related questions from partners within the firm.

Requirements

• Two or more years of relevant experience in developing, documenting, implementing, or validating quantitative models using SAS or other applicable software.
• Strong English communication skills, both written and verbal.
• Ability to distill complex mathematical concepts into actionable results.
• Strong work ethic and commitment to personal and associate development.
• Organizational skills to manage competing priorities effectively.
• Strong problem-solving skills.
• Advanced degree or equivalent experience in Statistics, Econometrics, Operations Research, Actuarial Science, Applied Mathematics, or other applied quantitative science.

Nice-to-haves

• Master's degree or PhD in a relevant field.
• Relevant professional designations.
• Some experience in risk management.
• Knowledge of best practices and current regulatory environment.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment insurance
• Tax-preferred savings accounts
• 401k plan
• Vacation days (minimum of 10 days)
• Sick days (minimum of 10 days)
• Paid holidays
• Defined benefit pension plan (depending on position)
• Restricted stock units (depending on position)
• Deferred compensation plan (depending on position)