Quantitative Team Lead | Truist Financial | Charlotte, NC 28269

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  • United States, Charlotte, NC 28269 View on Map
  • Post Date : November 19, 2020
  • Apply Before : December 19, 2020
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Job Description

Specific information related to the position is outlined below. To apply, click on the button above. You will be required to create an account (or sign in with an existing account). Your account will provide you access to your application information. Need Help?


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Regular or Temporary:

Regular


Language Fluency:
English (Required)


Work Shift:

1st shift (United States of America)


Please review the following job description:

Provide end-to-end execution of analytics projects, including model development, documentation and deployment. Projects may include, but not be limited to, risk model development, risk grade assessment and monitoring, delinquency, prepayment, and default estimation, customer attrition, credit line management, stress testing/loss forecasting, pricing, loss severity, loss reserving, portfolio management, interest rate derivatives hedging, and mortgage servicing. This position may also work in model validation reviewing these tools after they have been developed and deployed.

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.
1. Support other quantitative analysts working on projects; provide mentoring and training to accelerate development of technical, modeling process and business knowledge.
2. Act as an effective advocate to ensure user understanding and acceptance of proposed models, including written and verbal presentations to model users, stakeholders, managers and oversight groups.
3. For deployed models, develop, maintain and supervise monitoring, performance reporting, and change management processes and procedures, including, back testing. Work with model users and stakeholders to ensure models are fulfilling the business and risk management objectives set for them.
4. Ensure projects and processes comply with BB&T requirements for model documentation, validation and other policy requirements; address model validation recommendations and remediate issues.
5. Meet with, and make presentations to, Bank and Bank Holding Company regulators, as requested. Provide credible, well-documented evidence supporting validity of models for intended use. Support regulatory examinations and requests.
6. Meet with and respond to inquiries from internal and external audit teams.
7. Negotiate positive outcomes through interactions with senior management, business partners and assurance functions.
8. Perform other analytical activities, as requested by managers.
9. Continuously broaden and deepen expertise in analytical methods via self-directed research and training.
10. For Model Risk Management roles, ensure models subject to validation have received effective challenge, document the strengths, weaknesses and limitations of models, write model validation issues and observations in the course of model validation and promote sound model governance throughout the Corporation.

Required Skills and Competencies:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Master’s degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training
2. Five years of relevant experience or equivalent experience developing, documenting, implementing, or validating quantitative models
3. Three years of SAS experience with demonstrated application to large data problems of Data Step, SQL, SAS Macros, and relevant statistical procedures
4. Strong work ethic and desire to enhance knowledge base and technical skills
5. Ability to work independently and provide guidance and coaching to junior analysts
6. Ability to handle ambiguity and adapt to shifting objectives
7. Strong written and verbal communication skills
8. Strong problem solving skills
9. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
10. Ability to travel, occasionally overnight

Desired Skills:
1. PhD
2. Seven years of relevant experience or equivalent experience developing, documenting, implementing, or validating quantitative models
3. Chartered Financial Analyst (CFA), Financial Risk Manager (FRM) designation
4. Graduate of BB&T Banking School or Leadership Development Program


Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace.

Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name.

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Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name.

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