Truist is looking to solve the problem of managing Wholesale credit risk measurement estimation methodologies by developing and implementing quantitative models.
Requirements
- Ten years of relevant experience in best practices, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models with concentration in a particular financial domain
- Seven+ years of model development experience using SAS or other applicable model development software/programming tools
- Ability to distill complex mathematical concepts into actionable results
- Strong problem solving skills
- 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
- Master's degree/PhD
- Relevant professional designation(s)
Responsibilities
- Manage team specific to all aspects of the model development life cycle.
- Actively participate in the model development lifecycle.
- Ensure model development projects and processes comply with Truist requirements for model risk management and other policy requirements.
- Provide mentoring and training to accelerate model development in areas of techniques, process and business knowledge.
- Advocate towards user understanding and acceptance of models and associate analytics, including written and verbal presentations to model users, stakeholders, managers and oversight groups.
- Serve as core point of contact to address model questions within the firm as needed, including assurance providers (e.g., Corporate Model Risk Management, Corporate Audit, and regulators).
- Identify, recruit, maintain, and manage quantitative talent; delegate effectively to resolve organizational requirements
Other
- Strong English communication skills, both written and verbal
- Management ability: Ability to manage projects and teams to successful outcomes
- Organization skills: Ability to communicate and manage competing organizational priorities effectively
- Education: Advanced degree or equivalent experience
- Ability to work in a team environment
