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

Fintech
Financial Services

Senior

H1B Sponsorship Available

McLean, VA, USA

Category
Quantitative Analysis
Quantitative Finance
Required Skills
Python
R
Data Analysis
Requirements
  • 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
  • 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
  • PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related disciplines (preferred)
  • 5+ years of experience in statistical modeling, regression analytics or machine learning (preferred)
  • 4+ years of credit risk modeling experience for commercial banks (default probability, loss given default, or exposure at default) (preferred)
  • 2+ years of experience managing a team of analysts (preferred)
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 offers a variety 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 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 transform the banking experience by ensuring everyone has access to financial services and the knowledge to make informed decisions.

Company Stage

IPO

Total Funding

$15.9M

Headquarters

McLean, Virginia

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Worldpay enhances payment security and efficiency for merchants.
  • Capital One's collaboration with HITEC improves data infrastructure and decision-making.
  • Financial empowerment initiatives support community stability, like the $86,000 grant to United Way.

What critics are saying

  • Increased competition in subscription management tools may dilute Capital One's first-mover advantage.
  • Over-reliance on partnerships for tech advancements could pose risks if partnerships falter.
  • Departure of key personnel like Joe Rodriguez may affect risk management expertise.

What makes Capital One unique

  • Capital One offers user-friendly banking with no fees or minimums for checking accounts.
  • The company partners with Minna Technologies for subscription management tools in its app.
  • Capital One's mobile banking app is a model for secure, user-friendly digital banking.

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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