Full-Time

Principal Quantitative Analyst

Pay Equity, People Strategy & Analytics

Confirmed live in the last 24 hours

Capital One

Capital One

10,001+ employees

Offers diverse financial products and services

Fintech
Financial Services

Senior

H1B Sponsorship Available

McLean, VA, USA + 1 more

More locations: Richmond, VA, USA

Category
Quantitative Analysis
Quantitative Research
Quantitative Finance
Required Skills
Python
R
SQL
Data Analysis
Requirements
  • Currently has, or is in the process of obtaining a Bachelor’s Degree plus at least 5 years of experience in data analytics, or currently has, or is in the process of obtaining a Master’s Degree plus at least 3 years in data analytics, or currently has, or is in the process of obtaining PhD with an expectation that required degree will be obtained on or before the scheduled start date.
  • At least 2 years of programming experience or financial modeling or econometric modeling (can include Graduate School Research work).
  • Strong understanding of quantitative analysis methods in relation to financial institutions.
  • Demonstrated track-record in machine learning and econometric analysis.
  • Experience utilizing model estimation tools.
  • Ability to clearly communicate modeling results to a wide range of audiences.
  • Drive to develop and maintain high quality and transparent model documentation.
  • Strong written and verbal communication skills.
  • Strong presentation skills.
  • Ability to fully own the model development process: from conceptualization through data exploration, model selection, validation, deployment, business user training, and monitoring.
  • Proficiency in key econometric and statistical techniques (such as predictive modeling, logistic regression, survival analysis, panel data models, design of experiments, decision trees, machine learning methods).
  • Master’s Degree or PhD in Statistics, Economics, Mathematics, Operations Research, Engineering, Physics or related discipline (preferred).
  • At least 3 years of experience in statistical techniques such as regression, root cause analysis, causal inference, classification and clustering (preferred).
  • At least 3 years of experience with developing and implementing models using modern scripting languages (Python, R or other statistical languages) (preferred).
  • At least 3 years of experience working with large-scale, cloud-based coding environments and databases (Python, SQL or other data manipulation languages) (preferred).
  • At least 1 years of experience in consulting (preferred).
Responsibilities
  • Partner with cross-functional teams from Legal and Human Resources to assess Capital One's compensation system.
  • Utilize Python, SQL, and Quicksight to build modular, scalable, statistical models and reporting infrastructure and dashboards that will provide key insights about pay equity & fairness.
  • Provide insights that drive decisions and help shape policy impacting 50,000+ associates.
  • Flex your interpersonal skills to translate the complexity of statistical model results into tangible insights and actionable recommendations.
  • Apply root cause analysis, such as causal inference, to answer why an observed phenomenon happens and suggest actions that could effectively address concerns.

Capital One offers a range of financial services, including credit cards, savings accounts, car loans, and business checking accounts, primarily in the United States. The company focuses on user-friendly banking solutions with no fees or minimums for checking accounts, making it easier for customers to manage their finances. Capital One differentiates itself by emphasizing financial inclusion and literacy, partnering with organizations to provide educational resources. Their goal is to make banking more accessible and straightforward for everyone.

Company Stage

IPO

Total Funding

$15.9M

Headquarters

McLean, Virginia

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Minna Technologies positions Capital One as a leader in subscription management.
  • Collaboration with Worldpay enhances payment security, addressing payment fraud concerns.
  • Recognition by HITEC as 2024 Corporation of the Year boosts brand reputation.

What critics are saying

  • Increased competition in subscription management may dilute Capital One's first-mover advantage.
  • Key executive departures, like Joe Rodriguez, could impact risk management capabilities.
  • Focus on mobile banking may attract regulatory scrutiny over data privacy and security.

What makes Capital One unique

  • Capital One offers user-friendly banking with no fees or minimums for checking accounts.
  • The company emphasizes financial inclusion through community partnerships and philanthropic efforts.
  • Capital One's mobile app provides innovative subscription management tools for credit card users.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Medical, Dental, & Vision coverage

Onsite Health Centers

Prescription saving with network of local pharmacies

Stock Purchase Plan

Education Assistance

401(k)

Flexible Spending Accounts

Life and Disability insurance

Generous paid time off + corporate & floating holidays

Registered dieticians on site, cooking classes and free virtual fitness classes

Employee Assistance Program