Senior Quantitative Model Development Analyst at Truist (Atlanta, GA)

| Atlanta, GA
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Regular or Temporary:

Language Fluency: English (Required)

Work Shift:
1st shift (United States of America)

Please review the following job description:

The Market Risk Model Development team in the Risk Management Organization has an immediate need for a Senior Quantitative Model Development Analyst position. This position will focus on aspects of model development specific to market risk measurement estimation methodologies. Responsible for aspects of the development life cycle of quantitative models. Assist with identifying and escalating model risks. Develop awareness of key partnerships specific to models within targeted scope of responsibility. This position will participate in model reviews and validation finding mitigation following deployment.


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. Develop pricing models in areas of mortgage capital market, specifically in commercial MSR and hedging models. The model development life cycle includes data acquisition, data processing, model development, documentation, implementation assistance and assisting with closing assurance provider issue related to the model.

2. Evaluate, develop and maintain monitoring, performance reporting, and change-management processes. Work with stakeholders to ensure models fulfill the business objectives set for them.

3. Ensure assigned parts of model development projects and processes comply with Truist requirements for model risk management and other policy requirements.

4. Assist with user understanding and acceptance of models and associate analytics, including written and verbal presentations to model users, stakeholders, managers and oversight groups.

5. Address model questions from partners within the firm as needed, including assurance providers.


Required Qualifications:

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. Two or more years of relevant experience preferred.

2. Desire to learn and be challenged. Strong communication skills, both written and verbal

3. Ability to distill complex mathematical concepts into actionable results

4. Strong work ethic; promote and conduct continued development of personal and associate knowledge base and technical skills

5. Organization skills: Ability to communicate and manage competing organizational priorities effectively

6. Problem solving skills: Strong problem solving skills

7. Education: Advanced degree or equivalent experience in Statistics, Econometrics, Operations Research, Actuarial Science, Applied Mathematics, or other applied quantitative science, or equivalent education and related training

Preferred Qualifications:

1. Master's degree/PhD

2. Relevant professional designation(s)

3. Some experience in risk management

4. Some knowledge/experience of best practices and current regulatory environment

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.

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More Information on Truist
Truist operates in the Fintech industry. The company is located in Charlotte, NC. Truist was founded in 2019. It has 12339 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 93 open jobs at Truist, click here.
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