Logo
Hispanic Technology Executive Council

Manager, Quantitative Analysis - Credit Risk Ratings

Hispanic Technology Executive Council, Mc Lean, Virginia, us, 22107


Locations: VA - McLean, United States of America, McLean, VirginiaManager, Quantitative Analysis - Credit Risk RatingsAt Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database, cutting edge technology in 1988! Fast-forward a few years, and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven decision-making.As a Quantitative Analyst at Capital One, youll be part of a team thats leading the next wave of disruption at a whole new scale, using the latest in cloud computing and machine learning technologies and operating across billions of customer records to unlock the big opportunities that help everyday people save money, time and agony in their financial lives.As a Quantitative Analyst in Capital Ones Commercial Bank, youll be part of a team using modern technology to disrupt, generate insights, and drive critical business planning. The Commercial Bank has a $100B+ loan portfolio that has grown organically and via acquisitions, covering Commercial and Industrial, Commercial Real Estate, and Structured Products. On this team, youll get an opportunity to develop credit risk models for a diverse set of portfolios with a diverse set of tools and challenges. This will involve blending business thinking and economic fundamentals with robust quantitative tools to forecast rare credit default and loss events. Its a growing team full of exciting opportunities to solve complex problems across a range of business segments.

Responsibilities and Skills:Lead a team of quantitative analysts to develop credit risk rating models that are robust, intuitive, well-grounded, and that support Commercial business and credit experts in their decision makingCollaborate 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 BankWork effectively with challenge functions to ensure prompt and comprehensive supportMaintain the existing suite of models and tools for accuracy, compliance, and user supportManage model development project timelines against the needs and capacity of the project teamUnderstand technical issues in econometric and statistical modeling and apply these skills toward developing models and assessing model risks and opportunitiesEffectively communicate technical subject matter to individuals from various backgrounds both verbally and through written materialsIdentify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficienciesExpertise in quantitative analysis is central to our success in all markets. Our modelers thrive in a culture of mutual respect, excellence and innovation.

Successful candidates would possess:Strong understanding of quantitative analysis methods in relation to financial institutionsDemonstrated track-record in statistical-learning and econometric analysisDesire to remain on the leading edge of analytical technology with a passion for finding value in the newest and most innovative toolsConsulting experienceStrong coding skills in R or Python and drive to create efficient, accurate, and maintainable code with best practicesAbility to clearly communicate modeling results and recommendations to senior leaders and maintain high standards of documentationIntellectual curiosity and a drive to produce best estimates that balance confidence and uncertaintyReverence for processes, controls, governance, and infrastructureAbility to manage a small team and projects that require cross-team collaboration

Basic Qualifications:Currently has, or is in the process of obtaining a Bachelors Degree plus at least 6 years of experience in data analytics, or currently has, or is in the process of obtaining a Masters Degree plus at least 4 years of experience in data analytics, or currently has, or is in the process of obtaining PhD plus at least 1 year 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 datePreferred Qualifications:PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related disciplines5+ years of experience in statistical modeling, regression analytics or machine learning4+ years of credit risk modeling experience for commercial banks (default probability, loss given default, or exposure at default)2+ years of experience managing a team of analystsCapital One will consider sponsoring a new qualified applicant for employment authorization for this position.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York Citys Fair Chance Act; Philadelphias Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).Recruiting: VA - McLean, United States of America, McLean, VirginiaManager, Quantitative Analysis - Credit Risk Ratings

At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database, cutting edge technology in 1988! Fast-forward a few years, and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven decision-making.As a Quantitative Analyst at Capital One, youll be part of a team thats leading the next wave of disruption at a whole new scale, using the latest in cloud computing and machine learning technologies and operating across billions of customer records to unlock the big opportunities that help everyday people save money, time and agony in their financial lives.As a Quantitative Analyst in Capital Ones Commercial Bank, youll be part of a team using modern technology to disrupt, generate insights, and drive critical business planning. The Commercial Bank has a $100B+ loan portfolio that has grown organically and via acquisitions, covering Commercial and Industrial, Commercial Real Estate, and Structured Products. On this team, youll get an opportunity to develop credit risk models for a diverse set of portfolios with a diverse set of tools and challenges. This will involve blending business thinking and economic fundamentals with robust quantitative tools to forecast rare credit default and loss events. Its a growing team full of exciting opportunities to solve complex problems across a range of business segments.

Responsibilities and Skills:Lead a team of quantitative analysts to develop credit risk rating models that are robust, intuitive, well-grounded, and that support Commercial business and credit experts in their decision makingCollaborate 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 BankWork effectively with challenge functions to ensure prompt and comprehensive supportMaintain the existing suite of models and tools for accuracy, compliance, and user supportManage model development project timelines against the needs and capacity of the project teamUnderstand technical issues in econometric and statistical modeling and apply these skills toward developing models and assessing model risks and opportunitiesEffectively communicate technical subject matter to individuals from various backgrounds both verbally and through written materialsIdentify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficienciesExpertise in quantitative analysis is central to our success in all markets. Our modelers thrive in a culture of mutual respect, excellence and innovation.

Successful candidates would possess:Strong understanding of quantitative analysis methods in relation to financial institutionsDemonstrated track-record in statistical-learning and econometric analysisDesire to remain on the leading edge of analytical technology with a passion for finding value in the newest and most innovative toolsConsulting experienceStrong coding skills in R or Python and drive to create efficient, accurate, and maintainable code with best practicesAbility to clearly communicate modeling results and recommendations to senior leaders and maintain high standards of documentationIntellectual curiosity and a drive to produce best estimates that balance confidence and uncertaintyReverence for processes, controls, governance, and infrastructureAbility to manage a small team and projects that require cross-team collaboration

Basic Qualifications:Currently has, or is in the process of obtaining a Bachelors Degree plus at least 6 years of experience in data analytics, or currently has, or is in the process of obtaining a Masters Degree plus at least 4 years of experience in data analytics, or currently has, or is in the process of obtaining PhD plus at least 1 year 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 datePreferred Qualifications:PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related disciplines5+ years of experience in statistical modeling, regression analytics or machine learning4+ years of credit risk modeling experience for commercial banks (default probability, loss given default, or exposure at default)2+ years of experience managing a team of analystsCapital One will consider sponsoring a new qualified applicant for employment authorization for this position.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York Citys Fair Chance Act; Philadelphias Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).