Truist is seeking a senior transformative leader to spearhead the Quantitative Asset Management function within the Quantitative Office to develop a first line of defense program to federate the effective identification, classification, and ongoing use and maintenance of the bank’s models and EUCs.
Requirements
- Bachelor's degree in Statistics, Econometrics, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training
- 10+ years of relevant experience, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models
- 10+ years of relevant experience supervising teammates with a quantitative educational and/or work backgrounds
- Master's degree or higher in Statistics, Econometrics, Mathematics, or other applied quantitative science, or equivalent education and related training
Responsibilities
- Manage model development/estimation activities across the model life cycle, including planning, data acquisition, estimation, evaluation, documentation, approval, model/business process integration and implementation
- Build / lead a team of highly skilled quantitative model developers to develop risk models using advance modeling approaches
- Establish, maintain and administer model development infrastructure, process and procedures
- Assist various parties (e.g., lines of business leads) with identifying/assessing viable model development opportunities
- Assist with model compliance activities as it relates to Model Risk Management/SR 11-7 policy/standards
- Assist client (model owner) with integrating model into the business process and model deployment activities, including production scoring support and sustainability, as appropriate
- Provide on-going model support specific to evaluation/surveillance and interpretation of model performance
Other
- Bachelor's degree
- 10+ years of relevant experience
- 10+ years of relevant experience supervising teammates
- English language fluency
- Ability to work in the United States
