Capital One
Principal Quantitative Analyst - Model Risk Audit
Capital One, Richmond, Virginia, United States, 23214
Overview
Principal Quantitative Analyst - Model Risk Audit Capital One uses data to drive decision making. As part of the Model Audit team, you will review models and model risk practices across the enterprise and partner with business units to raise model risk issues and provide assurance to the Audit Committee. You will collaborate cross-functionally to deliver analytical solutions that support a winning strategy in a changing business environment. Responsibilities and Skills Apply deep expertise in econometric, statistical and machine learning methods to generate critical insights and decision frameworks for the business and customers.
Communicate technical subject matter clearly to individuals from various backgrounds.
Partner with lines of business to enhance modeling and analytical framework.
Work across Capital One entities to create novel analytical solutions to challenging business problems.
Identify opportunities to apply quantitative methods, machine learning and automation to improve business performance and process efficiency.
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. Successful candidates would 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 (such as predictive modeling, logistic regression, survival analysis, panel data models, design of experiments, decision trees, machine learning methods).
Basic Qualifications A quantitative degree with related experience: Bachelor’s degree plus 5 years of data analytics experience; or Master’s degree or MBA with quantitative concentration plus 3 years; or PhD in a quantitative field.
Preferred Qualifications PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance or a related discipline.
1+ year of experience with Python, R or other statistical software.
2+ years of data analysis experience.
1+ year of experience manipulating and analyzing large data sets.
Proficiency in key econometric and statistical techniques (such as predictive modeling, logistic regression, survival analysis, panel data models, design of experiments, decision trees, machine learning methods).
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position. Compensation and Benefits The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries refer to the amount Capital One is willing to pay at the time of posting. Salaries for part-time roles will be prorated based on hours worked. McLean, VA: $158,600 - $181,000 for Principal/Associate Quant Analytics Richmond, VA: $144,200 - $164,600 for Principal/Associate Quant Analytics Candidates hired to work in other locations will be subject to the pay range for that location, and the actual salary offered will be in the offer letter. This role may be eligible for performance-based incentive compensation, including cash bonuses or long-term incentives, discretionary or non-discretionary depending on the plan. Capital One offers a comprehensive and inclusive set of benefits. Learn more at the Capital One Careers website. Eligibility varies based on full/part-time status, exemption status, and management level. Additional Information
This role accepts 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 accordance with applicable laws. Capital One promotes a drug-free workplace. Capital One will consider qualified applicants with a criminal history in a manner consistent with applicable laws and regulations. If you require accommodations during the application process, contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. For technical questions about Capital One's recruiting process, email Careers@capitalone.com. Capital One does not endorse or guarantee third-party products or services referenced through this site. Some positions posted may be for Capital One Canada, Capital One Europe, or Capital One Philippines Service Corp., depending on location.
#J-18808-Ljbffr
Principal Quantitative Analyst - Model Risk Audit Capital One uses data to drive decision making. As part of the Model Audit team, you will review models and model risk practices across the enterprise and partner with business units to raise model risk issues and provide assurance to the Audit Committee. You will collaborate cross-functionally to deliver analytical solutions that support a winning strategy in a changing business environment. Responsibilities and Skills Apply deep expertise in econometric, statistical and machine learning methods to generate critical insights and decision frameworks for the business and customers.
Communicate technical subject matter clearly to individuals from various backgrounds.
Partner with lines of business to enhance modeling and analytical framework.
Work across Capital One entities to create novel analytical solutions to challenging business problems.
Identify opportunities to apply quantitative methods, machine learning and automation to improve business performance and process efficiency.
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. Successful candidates would 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 (such as predictive modeling, logistic regression, survival analysis, panel data models, design of experiments, decision trees, machine learning methods).
Basic Qualifications A quantitative degree with related experience: Bachelor’s degree plus 5 years of data analytics experience; or Master’s degree or MBA with quantitative concentration plus 3 years; or PhD in a quantitative field.
Preferred Qualifications PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance or a related discipline.
1+ year of experience with Python, R or other statistical software.
2+ years of data analysis experience.
1+ year of experience manipulating and analyzing large data sets.
Proficiency in key econometric and statistical techniques (such as predictive modeling, logistic regression, survival analysis, panel data models, design of experiments, decision trees, machine learning methods).
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position. Compensation and Benefits The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries refer to the amount Capital One is willing to pay at the time of posting. Salaries for part-time roles will be prorated based on hours worked. McLean, VA: $158,600 - $181,000 for Principal/Associate Quant Analytics Richmond, VA: $144,200 - $164,600 for Principal/Associate Quant Analytics Candidates hired to work in other locations will be subject to the pay range for that location, and the actual salary offered will be in the offer letter. This role may be eligible for performance-based incentive compensation, including cash bonuses or long-term incentives, discretionary or non-discretionary depending on the plan. Capital One offers a comprehensive and inclusive set of benefits. Learn more at the Capital One Careers website. Eligibility varies based on full/part-time status, exemption status, and management level. Additional Information
This role accepts 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 accordance with applicable laws. Capital One promotes a drug-free workplace. Capital One will consider qualified applicants with a criminal history in a manner consistent with applicable laws and regulations. If you require accommodations during the application process, contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. For technical questions about Capital One's recruiting process, email Careers@capitalone.com. Capital One does not endorse or guarantee third-party products or services referenced through this site. Some positions posted may be for Capital One Canada, Capital One Europe, or Capital One Philippines Service Corp., depending on location.
#J-18808-Ljbffr