Capital One
Senior Associate, Quantitative Analyst - Model Risk Audit
Capital One, Charlotte, North Carolina, United States, 28245
United States, North Carolina, Charlotte
Senior Associate, Quantitative Analyst - Model Risk Audit
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 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 viewpoint to review models and model risk practices across the enterprise and have 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
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
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
Salary:
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 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.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well‑being. Learn more at the Capital One Careers website. Eligibility varies based on full or part‑time status, exempt or non‑exempt status, and management level.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non‑discrimination in compliance with applicable federal, state, and local laws. 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 City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If 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.com.
Capital One does not provide, endorse, or 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).
#J-18808-Ljbffr
Senior Associate, Quantitative Analyst - Model Risk Audit
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 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 viewpoint to review models and model risk practices across the enterprise and have 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
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
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
Salary:
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 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.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well‑being. Learn more at the Capital One Careers website. Eligibility varies based on full or part‑time status, exempt or non‑exempt status, and management level.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non‑discrimination in compliance with applicable federal, state, and local laws. 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 City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If 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.com.
Capital One does not provide, endorse, or 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).
#J-18808-Ljbffr