Director - Quant Analytics

Director - Quant Analytics - BFS (20-26 yrs)

In this role, you will:

- Manage and develop teams responsible for the creation, implementation and validation of complex financial and statistical models

- Analyze and manage risks to enable decision-making for businesses for staffing, planning, forecasting or other functional areas related to business operations

- Provide expert opinion on models for business operations and support the overall business process and risk management

- Perform various compliance requirements with corporate and regulatory reporting, involving finance and capitalisation requirements

- Be an authority on model risk policies and procedures, and enforce adherence to them

- Determine the scope and prioritisation of work

- Perform key input in the development of strategy, policies, procedures, and organisational controls

- Manage multiple teams of highly skilled quantitative analysts or managers

- Interface with internal and external audit or regulators

- Manage complex organisations that develop predictive models, including Artificial Intelligence and Machine Learning

- Lead groups responsible for creation, implementation, validation, and ongoing maintenance

- Analyse models, manage markets, credit, counterparty, and operational risks

- Forecast losses and compute capital requirements

- Identify opportunities and strategies for analytics and data science through experienced managers and business strategies

- Collaborate across the enterprise to predict current and future needs

- Evaluate, recommend, and implement strategies for developing and modelling resources to predict, improve, and measure the success of fundamentals and new initiatives

- Recommend and implement strategies for developing and utilising model resources to predict, improve fundamentals and new initiatives

- Interpret and develop a range of policies and procedures to drive continuous advancement of the state of analytics and data science

- Manage teams of highly skilled quantitative analysts in mathematical or scientific disciplines, and managers of such groups

- Exercise the usual authority of an experienced manager

- Manage allocation of people and financial resources for Quantitative Analytics

- Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

- 10+ years of relevant Quantitative Analytical experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

- 4+ years of management or leadership experience

- Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, accounting, finance, economics, or computer science

- Previous model development or validation experience in business planning in large financial firms

Domain Knowledge:

- A wide knowledge of modelling and statistical techniques and their uses

- Strong computing and programming experience

- Knowledge of regulatory requirements: SR 11-7, industry standards on model validation, model governance, extensive expertise and keen insight on the model risk management process and future directions, expertise in defining model performance metrics and risk reduction techniques

Desired Skills:

- Deep expertise in model risk management, validation, and governance (SR 11- 7)

- Strong quantitative modelling, statistical, and programming skills

- Proven leadership of large, multi- location analytics teams

- Excellent stakeholder communication with senior leaders, auditors, and regulators