Senior Quantitative Operations Manager

Truist Bank • Atlanta, GA

11d • Remote

About The Position

Manage Model Implementation team responsible for developing, testing, and documenting risk model implementations, configuring models and platforms, running batch models for account management and risk ratings, and managing enterprise applications for credit risk ratings. Lead the bank's efforts to establish and manage model implementation platforms including third party and internal applications supporting commercial lending, risk ratings, account management, early warning systems, capital adequacy assessments, and financial crimes alerts for multiple lines of business. This position is approved for telecommuting and can be performed remotely within the Atlanta Metro area. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. Manage model implementation projects and configuration work to support commercial and small business risk ratings, batch models for account management, early warning system models, and financial crimes models. Ensure timely delivery of implementations with sufficient testing and documentation to manage operational risk of processes. Provide subject matter expertise and thought leadership to internal clients, cross-functional teams, and oversight groups involved in the use of models and systems housing models. Balance corporate needs for large-scale functionality and efficiency gains with short-term improvements and tight timelines. Leverage experience managing large-scale implementations and configurations to assist cross-functional teams with project planning and ongoing management of projects. Collaborate with information technology teams to ensure system conversions are successful by anticipating potential issues and roadblocks. Assist internal stakeholders in understanding and obtaining data involving commercial lending platforms, including financial spreads and risk ratings. Provide data to oversight groups as requested, leveraging expertise with the data. Manage development of team skills, including technology expertise and soft skills. Support team member growth and project success by aligning project duties with interests and capabilities. Provide positive, supportive leadership to team members and others outside the team. Assist with their work as needed to meet project goals and teach new skills. Recommend selection of systems, technologies, and implementation solutions to maximize functionality and flexibility while managing operational risks, key person risk, and corporate expenses. Partner with manager to supervise production runs for models run in batch on a regular basis. Ensure successful runs and documented, auditable processes. Assist manager with vendor management involving procurement and oversight of products and services. Fulfill application ownership responsibilities in partnership with other managers in Model Development Operations. Proactively communicate with and plan implementation efforts with internal and external stakeholders such as Model Risk Management, Audit, Credit, testing and training teams, and regulators. Recruit, manage, and retain the Model Implementation team comprised of quantitative operations officers and specialists.

Requirements

• MBA or master's degree in a quantitative field such as Computer Science, MIS, Operations Research, or Statistics plus 10 years of experience developing, implementing, running, and/or applying risk models for decision making.
• 10 years of experience leveraging SAS, R, Python, or similar tools for quantitative or analytical purposes, with at least 5 years managing a team in financial services performing these activities.
• Demonstrated proficiency in communicating with upper management, regulators and governance groups; leading cross-functional teams; managing projects; managing operational risk of production processes; securing agreements with vendors; and implementing models in production systems.

Nice To Haves

• 5 years managing implementation or production processing of credit risk models or financial crimes models for a financial institution.
• Familiarity with business use of risk rating models, functional use and technical design of credit lending platforms, and how these platforms support Credit processes.
• Familiarity with CCAR or CECL models and Sarbanes-Oxley standards for financial data reporting.
• Familiarity with software development life cycle components including experience supervising testing efforts including smoke testing, SIT, and UAT.
• Demonstrated proficiency with Excel/VBA, MS Project, Visio, and the full suite of MS Office software.
• Experience with SQL and a business intelligence tool (e.g., QlikView, Tableau, MicroStrategy).
• Experience implementing models in at least one the following third-party platforms: Moody's MRA/MRO/Credit Lens, NICE Actimize, FIS Origenate, Equifax Interconnect, or FICO Triad.
• Familiarity with Truist businesses, systems, and data.

Responsibilities

• Manage model implementation projects and configuration work to support commercial and small business risk ratings, batch models for account management, early warning system models, and financial crimes models.
• Ensure timely delivery of implementations with sufficient testing and documentation to manage operational risk of processes.
• Provide subject matter expertise and thought leadership to internal clients, cross-functional teams, and oversight groups involved in the use of models and systems housing models.
• Balance corporate needs for large-scale functionality and efficiency gains with short-term improvements and tight timelines.
• Leverage experience managing large-scale implementations and configurations to assist cross-functional teams with project planning and ongoing management of projects.
• Collaborate with information technology teams to ensure system conversions are successful by anticipating potential issues and roadblocks.
• Assist internal stakeholders in understanding and obtaining data involving commercial lending platforms, including financial spreads and risk ratings.
• Provide data to oversight groups as requested, leveraging expertise with the data.
• Manage development of team skills, including technology expertise and soft skills.
• Support team member growth and project success by aligning project duties with interests and capabilities.
• Provide positive, supportive leadership to team members and others outside the team.
• Assist with their work as needed to meet project goals and teach new skills.
• Recommend selection of systems, technologies, and implementation solutions to maximize functionality and flexibility while managing operational risks, key person risk, and corporate expenses.
• Partner with manager to supervise production runs for models run in batch on a regular basis.
• Ensure successful runs and documented, auditable processes.
• Assist manager with vendor management involving procurement and oversight of products and services.
• Fulfill application ownership responsibilities in partnership with other managers in Model Development Operations.
• Proactively communicate with and plan implementation efforts with internal and external stakeholders such as Model Risk Management, Audit, Credit, testing and training teams, and regulators.
• Recruit, manage, and retain the Model Implementation team comprised of quantitative operations officers and specialists.

Benefits

• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees