Manager, Quantitative Analysis - Model Risk Audit

Discover Financial
Richmond, Plano, New York
Workplace: OnsiteFull timeUSD 197,300 - 225,100 annuallyFunction: Capital Markets, Trading & QuantExperience: 4+ yearsEducation: mastersSkills: ["Communication","Written communication","Verbal communication","Presentation skills","Documentation"]

Lead model risk audit work by applying econometric, statistical, and machine learning methods to generate decision frameworks and insights for the business. Partner cross-functionally across Capital One to enhance modeling and analytical approaches, build cloud-based solutions, and identify automation opportunities. Communicate technical results clearly to diverse audiences and maintain high-quality, transparent documentation while connecting model risk issues to support the Audit Committee.

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Discover Financial
Discover Financial
5 days ago

Manager, Quantitative Analysis - Model Risk Audit

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Last checked: 19 hours agoStatus: Live

Job Summary

Lead model risk audit work by applying econometric, statistical, and machine learning methods to generate decision frameworks and insights for the business. Partner cross-functionally across Capital One to enhance modeling and analytical approaches, build cloud-based solutions, and identify automation opportunities. Communicate technical results clearly to diverse audiences and maintain high-quality, transparent documentation while connecting model risk issues to support the Audit Committee.
Location: Richmond, Plano, New York
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Manager level

Key Responsibilities

  • •Apply econometric, statistical, and machine learning expertise to produce insights and decision frameworks for business and customers.
  • •Partner with lines of business to enhance modeling and analytical frameworks and deliver novel analytical solutions to business problems.
  • •Identify opportunities to use quantitative methods, machine learning, and automation to improve business performance and efficiency.
  • •Collaborate cross-disciplinarily to build cloud-based solutions grounded in data.
  • •Communicate technical subject matter clearly to diverse audiences and maintain high-quality, transparent documentation.

Pay and Benefits

Salary: USD 197,300 - 225,100 annually

Key Requirements

  • •Master’s degree in a quantitative field (or MBA with quantitative concentration) plus 4 years of quantitative analytics, or a PhD plus 1 year of quantitative analytics, with the degree obtainable by the scheduled start date.
  • •At least 4 years of experience in statistical or econometric modeling.
  • •At least 4 years of experience with linear and logistic regression and programming in R, Python, or SQL.
  • •At least 4 years of experience presenting statistical concepts and research results to non-statistical audiences.
  • •At least 4 years of experience in at least 3 of: survival analysis, time-series analysis, panel data analysis, cross-sectional data analysis, machine learning, or analyzing/managing large datasets (>1M records).
Experience:4+ yearsFinancial servicesFintechCloud computingMachine learning
Education:Master's in Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field
Skills:CommunicationWritten communicationVerbal communicationPresentation skillsDocumentation
Tech Stack:RPythonSQLCloud computingMachine learning

Eligibility

Work Authorization:Sponsorship available.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn