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
Social Impact
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, making it easier for customers to manage their money. Capital One stands out from competitors with its commitment to financial inclusion and literacy, partnering with organizations to provide educational resources. The goal is to create a more accessible financial system for everyone.

Company Stage

IPO

Total Funding

$15.9M

Headquarters

McLean, Virginia

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Capital One's extensive range of financial products and services provides ample opportunities for career growth and specialization.
  • The company's commitment to financial inclusion and literacy offers employees a chance to make a meaningful impact on communities.
  • Strategic partnerships and investments, such as those with Stripe, Adyen, and StrongDM, indicate a forward-thinking approach and potential for innovation.

What critics are saying

  • The competitive financial services landscape requires Capital One to continuously innovate to maintain its market position.
  • The end of the consumer card partnership with Walmart could impact customer acquisition and revenue streams.

What makes Capital One unique

  • Capital One's focus on financial inclusion and no-fee banking solutions sets it apart from traditional banks that often have more restrictive fee structures.
  • Their strategic partnerships with fintech giants like Stripe and Adyen for fraud prevention highlight their commitment to leveraging technology for enhanced security.
  • Capital One's collaboration with educational platforms like Khan Academy underscores their dedication to financial literacy, a unique value proposition in the financial services sector.

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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