Quantitative Analyst R014880 Position Available In Orleans, Louisiana
Tallo's Job Summary: This Quantitative Analyst role (R014880) involves conducting qualitative and statistical analysis for various bank projects. Responsibilities include model optimization, data validation, and developing new models. Requirements include a Bachelor's Degree in Mathematics or Statistics, two years of quantitative analytics experience, and proficiency in Microsoft Office applications. This position does not have supervisory duties.
Job Description
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JOB FUNCTION / SUMMARY
This position is responsible for conducting qualitative and statistical analysis through application of mathematical and statistical expertise to various bank projects and processes that utilize the models and/or automated tools. Conducts quantitative analysis related to modeling projects and/or automated tools. May develop or assist in developing new models, analytic processes, or system approaches. Creates documentation for all activities and may work with technology staff in design of any systems, processes, or controls to run models developed.
ESSENTIAL DUTIES & RESPONSIBILITIES
Responsible for performance monitoring and optimization of applicable modelsEvaluates and enhances current models related to underlying assumptions, theoretical foundations, statistical and mathematical methods, empirical evidence, data quality, and software implementation.
Assesses quality of model outputs through back testing against realized outcomes and benchmarking against other models or systems. Improves methodology involving data capture and analysis through the bank’s internal data warehouse and data base infrastructure utilized by the models.
Develops independent tests and designs experiments for data collection and validation.
Validate data, identify data quality issues (if any), and work with Technology to address them.
Compile and maintain data related to required quarterly filings, annual Risk Assessment, and other management reporting as requested.
Provides ad hoc statistical and mathematical support.
Performs other duties as requested by management.
SUPERVISORY RESPONSIBILITIES
This job does not have supervisory duties.
MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE
Bachelor’s Degree in Mathematics, Statistics or related field; or an equivalent combination of education and experienceTwo years related quantitative analytics experienceDemonstrated understanding of regression analysis, transaction monitoring, and case management modelingDemonstrated ability to apply mathematical concepts to data analysisAbility to learn business intelligence and data management software and other related software applications.
Demonstrated ability to think critically and problem solveAbility to read and interpret documents required to perform essential job functionsExperienced user of Microsoft Office applications, including Excel, Power Point, and OfficeBasic knowledge of and exposure to the banking industry and banking concepts, preferred
ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS
Ability to work under stress and meet deadlinesAbility to operate a keyboard if required to perform the essential job functionsAbility to read and interpret a document if required to perform the essential job functionsAbility to travel if required to perform the essential job functionsAbility to lift/move/carry approximately 20 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.
Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.