1+ months

Principal Quantitative Analyst -Model Validation

Capital One
McLean, VA 22101
McLean 1 (19050), United States of America, McLean, Virginia

At Capital One, were building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Principal Quantitative Analyst -Model Validation

As a Principal Quantitative Analyst within the Model Risk Office, you will validate loss forecasting and stress testing models used to measure risk and calculate capital requirements. Validations cover all aspects of model development and performance and include forward-looking advancements in model sophistication and quality. You will enhance your technical and analytical skills, while also working with business leaders understand and influence business strategies. With a network of over 200 quantitative analysts, data scientists and statisticians, weve created a dynamic environment with ample opportunities for learning and growth.
Responsibilities:
Develop and implement validation strategies for statistical and other quantitative models used in loss forecasting, stress, and capital calculations
Assess the quality and risk of model methodologies, outputs, and processes
Develop alternative model approaches to assess model design and advance future capabilities
Understand relevant business processes and portfolios associated with model use
Understand technical issues in econometric and statistical modeling and apply these skills toward assessing model risks and opportunities
Communicate clearly and concisely both verbally and through written communication via model validation reports and presentations

Basic Qualifications:
Masters Degree
At least 3 years experience in quantitative analysis with Statistics, Econometrics, or Data Mining

Preferred Qualifications:
Doctorate in quantitative field including Statistics, Mathematics, or Economics
3+ years experience in credit risk modeling and analysis
Proficiency with statistical and data software languages and packages
Strong verbal and written communication skills

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

Posted: 2019-09-27 Expires: 2020-01-13

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Principal Quantitative Analyst -Model Validation

Capital One
McLean, VA 22101

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