Capital One
Senior Associate, Quantitative Analyst - Model Risk Audit
Capital One, Mc Lean, Virginia, us, 22107
Overview
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, you’ll be part of a team that’s 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 part of Capital One’s Model Audit team, you will have a unique vantage point to review models and model risk practices across the enterprise and the opportunity to connect the dots to raise the appropriate model risk issues and provide assurance to the Audit Committee. Successful candidates will partner cross-functionally with business throughout the company to deliver breakthrough analytical solutions to support a winning strategy in a continually changing business environment.
Responsibilities and Skills
Apply deep expertise in econometric, statistical and machine learning methods to generate critical insights and decision frameworks for our business and customers
Communicate technical subject matter clearly and concisely to individuals from various backgrounds
Partner with the various lines of business to enhance modeling and analytical framework
Work across Capital One entities to create novel analytical solutions to the challenging business problems
Identify opportunities to apply quantitative methods, machine learning, and automation solutions to improve business performance and process efficiencies
Collaborate in a cross-disciplinary team to build cloud-based solutions grounded in data
Expertise in quantitative analysis
is central to our success in all markets. Our modelers thrive in a culture of mutual respect, excellence and innovation.
Qualifications Successful candidates will possess:
Strong understanding of quantitative analysis methods in relation to financial institutions
Demonstrated track-record in machine learning and econometric analysis
Experience utilizing model estimation tools
Ability to clearly communicate modeling results to a wide range of audiences
Drive to develop and maintain high quality and transparent model documentation
Strong written and verbal communication skills
Strong presentation skills
Proficiency in key econometric and statistical techniques (predictive modeling, logistic regression, survival analysis, panel data models, design of experiments, decision trees, machine learning methods)
Basic Qualifications
Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:
A Bachelor's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) plus 3 years of experience performing data analytics
A Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) or an MBA with a quantitative concentration plus 1 year of experience performing data analytics
Preferred Qualifications
Master’s Degree or PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related discipline
At least 2 years of experience with data analysis
At least 1 year of experience with Python, R or other statistical analyst software
Sponsorship and employment details
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Compensation and location
The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. Salary information is for candidates hired to perform work within one of these locations. The actual offer will be reflected in the offer letter.
Plano, TX: $120,900 - $138,000
Charlotte, NC: $120,900 - $138,000
Chicago, IL: $120,900 - $138,000
McLean, VA: $133,000 - $151,800
New York, NY: $145,100 - $165,600
Richmond, VA: $120,900 - $138,000
Riverwoods, IL: $120,900 - $138,000
This role is also eligible to earn incentives that may include cash bonuses and long-term incentives. Salaries for other locations will follow the pay range for that location. This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable laws. Capital One promotes a drug-free workplace and may consider applicants with criminal histories in accordance with applicable laws.
If you require an accommodation during the application process, please contact Capital One Recruiting. All information you provide will be kept confidential and used only to provide needed accommodations.
Capital One does not provide, endorse nor guarantee third-party products, services, or information available through this site. Foreign postings note: Canada, the United Kingdom, and the Philippines have location-specific postings.
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As a Quantitative Analyst at Capital One, you’ll be part of a team that’s 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 part of Capital One’s Model Audit team, you will have a unique vantage point to review models and model risk practices across the enterprise and the opportunity to connect the dots to raise the appropriate model risk issues and provide assurance to the Audit Committee. Successful candidates will partner cross-functionally with business throughout the company to deliver breakthrough analytical solutions to support a winning strategy in a continually changing business environment.
Responsibilities and Skills
Apply deep expertise in econometric, statistical and machine learning methods to generate critical insights and decision frameworks for our business and customers
Communicate technical subject matter clearly and concisely to individuals from various backgrounds
Partner with the various lines of business to enhance modeling and analytical framework
Work across Capital One entities to create novel analytical solutions to the challenging business problems
Identify opportunities to apply quantitative methods, machine learning, and automation solutions to improve business performance and process efficiencies
Collaborate in a cross-disciplinary team to build cloud-based solutions grounded in data
Expertise in quantitative analysis
is central to our success in all markets. Our modelers thrive in a culture of mutual respect, excellence and innovation.
Qualifications Successful candidates will possess:
Strong understanding of quantitative analysis methods in relation to financial institutions
Demonstrated track-record in machine learning and econometric analysis
Experience utilizing model estimation tools
Ability to clearly communicate modeling results to a wide range of audiences
Drive to develop and maintain high quality and transparent model documentation
Strong written and verbal communication skills
Strong presentation skills
Proficiency in key econometric and statistical techniques (predictive modeling, logistic regression, survival analysis, panel data models, design of experiments, decision trees, machine learning methods)
Basic Qualifications
Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:
A Bachelor's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) plus 3 years of experience performing data analytics
A Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) or an MBA with a quantitative concentration plus 1 year of experience performing data analytics
Preferred Qualifications
Master’s Degree or PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related discipline
At least 2 years of experience with data analysis
At least 1 year of experience with Python, R or other statistical analyst software
Sponsorship and employment details
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Compensation and location
The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. Salary information is for candidates hired to perform work within one of these locations. The actual offer will be reflected in the offer letter.
Plano, TX: $120,900 - $138,000
Charlotte, NC: $120,900 - $138,000
Chicago, IL: $120,900 - $138,000
McLean, VA: $133,000 - $151,800
New York, NY: $145,100 - $165,600
Richmond, VA: $120,900 - $138,000
Riverwoods, IL: $120,900 - $138,000
This role is also eligible to earn incentives that may include cash bonuses and long-term incentives. Salaries for other locations will follow the pay range for that location. This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable laws. Capital One promotes a drug-free workplace and may consider applicants with criminal histories in accordance with applicable laws.
If you require an accommodation during the application process, please contact Capital One Recruiting. All information you provide will be kept confidential and used only to provide needed accommodations.
Capital One does not provide, endorse nor guarantee third-party products, services, or information available through this site. Foreign postings note: Canada, the United Kingdom, and the Philippines have location-specific postings.
#J-18808-Ljbffr