Job Description

Reference # : 17-07526Title : Quant Finance Analyst
Location : Charlotte, NC
Position Type : Direct Placement
Experience Level : Start Date : 08/07/2017
Assignment Detail
Industry:Financial Services
Description
Quant Finance Analyst
Grab the opportunity to achieve your full potential! Eclaro is looking for a Quant Finance Analyst for our client in Charlotte, NC.
Eclaro’s client is one of the world's largest financial institutions, committed to providing the tools and services that bridge the gap between customers and their goals. If you’re up to the challenge, then take a chance at this rewarding opportunity!
This Quant Finance Analyst will be responsible for independently conducting model validation and ongoing model risk management activities for capital, operational and compliance models. He/She shall possess excellent quantitative/analytic skills and is able to document and communicate model validation and ongoing model review findings with business partners.

RESPONSIBILITIES:
  • Review and validate capital (Basel and economic capital), operational (fraud, other operational risk and operational volume) and compliance models
  • Provide effective challenge on underlying assumptions, theory, data, estimation, implementation and limitations of the model being validated
  • Perform independent testing to identify/quantify model risk associated with the model being validated
  • Prepare validation report and technical documents for the model being validated
  • Work closely with model owners, developers and users with respect to compensating controls of the model and communication of validation outcomes
  • Perform annual model reviews, on-going monitoring reviews, Required Actions Items closure
  • Provide support for regulatory and audit requests
EXPERIENCE/SKILLS REQUIRED:
  • PhD or Masters degree in quantitative fields such as mathematics, statistics or equivalent
  • In depth understanding of probability theory and statistical analysis, particularly in probability distribution (including univariate and multivariate), statistical estimation, hypothesis testing, and regression (such as linear and logistic) analysis
  • 5+ years of hands-on quantitative modelling or validation experience in capital models or related area
  • Strong communication (both written and verbal) and collaboration skills
  • Familiar with SR11-07 and related requirements on model risk
  • Strong programming skills in one or more of the following:
  1. SAS
  2. MATLAB
  3. R
  4. Python
  5. C++
Interested in applying? Contact Charly Vie at charly@eclaro.com now.

Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

Apply Online