Simplify Logo

Full-Time

Senior Manager

Quantitative Analysis, Credit Risk Ratings

Confirmed live in the last 24 hours

Capital One

Capital One

10,001+ employees

Offers diverse financial products and services

Financial Services
Fintech

Senior, Expert

McLean, VA, USA

Category
Risk Management
Finance & Banking
Required Skills
Python
R
Data Analysis
Requirements
  • Currently has, or is in the process of obtaining a Bachelor’s Degree plus at least 7 years of experience in data analytics, or currently has, or is in the process of obtaining a Master’s Degree plus at least 5 years of experience in data analytics, or currently has, or is in the process of obtaining PhD plus at least 2 years of experience in data analytics, financial modeling or econometric modeling (can include Graduate School Research work) with an expectation that required degree will be obtained on or before the scheduled start date
  • Strong understanding of quantitative analysis methods in relation to financial institutions
  • Demonstrated track-record in statistical-learning and econometric analysis
  • Desire to remain on the leading edge of analytical technology with a passion for the newest and most innovative tools
  • Consulting experience
  • Strong coding skills in R or Python and drive to create efficient, accurate, and maintainable code with best practices
  • Ability to clearly communicate modeling results to a wide range of audiences and maintain high standards of documentation
  • Intellectual curiosity and a drive to produce best estimates that balance confidence and uncertainty
  • Reverence for processes, controls, governance, and infrastructure
  • Ability to manage a small team and projects that require cross-team collaboration
Responsibilities
  • Lead a team of quantitative analysts to develop deep modeling expertise, business context, and relationships in a business vertical, e.g., Commercial & Industrial lending
  • Create credit risk rating models that are robust, intuitive, well-grounded, and that support Commercial business and credit experts in their decision making
  • Collaborate with other credit modeling functions (e.g., ACL, CCAR) to ensure a coherent and cohesive suite of models to forecast losses for the entire Commercial Bank
  • Work effectively with challenge functions to ensure prompt and comprehensive support
  • Maintain the existing suite of models and tools for accuracy, compliance, and user support
  • Manage model development project timelines against the needs and capacity of the team
  • Understand technical issues in econometric and statistical modeling and apply these skills toward developing models and assessing model risks and opportunities
  • Effectively communicate technical subject matter to individuals from various backgrounds both verbally and through written materials
  • Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies

Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system while providing comprehensive support and resources to help customers make informed financial decisions.

Company Stage

Series A

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.

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