Senior Manager, Quantitative Analysis

McLean 1 (19050), United States of America, McLean, Virginia

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Senior Manager, Quantitative Analysis

As a Senior Manager, Quantitative Analysis within the Model Risk Office, you will lead a team in the validation of financial forecasting models that are used for Non-Interest Income PPNR and annual budgeting purposes. You will enhance your technical and analytical, while also working closely with business leaders to influence modeling practices. With a network of over 200 Quants and Data Scientists, challenging projects with an eye on the bottom line and a focus on work/life balance, we've created a dynamic environment with plenty of room for you to learn, grow, and realize your full potential.

Specific responsibilities may include, but are not limited to:
- Designing and leading model validation projects in PPNR and annual budget forecast
- Influencing business leaders in adopting appropriate modeling methods according to its use, materiality and business strategy

- Identifying and escalating model risk and enhancement opportunities, with a clear understanding of the business process and the model use

- Assessing modeling methodology in new business areas and analyzing outcomes with limited data

- Guiding the benchmarking of model methodologies and performance by developing alternative models

- Researching and utilizing industry best practices for modeling and validation
- Creating documentation for validation and analytical results
- Leveraging education, colleagues and training opportunities to develop solutions to business problems

- Analyzing complex data to identify data integrity issues
- Communicating validation results to senior management, model owners, regulators, and auditors

Basic Qualifications:
- Master's Degree
- At least 5 years of experience in financial forecasting within the financial services industry

- At least 2 years of experience in PPNR modeling

Preferred Qualifications:

- Master's Degree in Finance, Statistics, Economics, Mathematics, Financial Engineering or Quantitative Finance
- 7+ years of experience in developing financial forecasting models
- 2 years of experience in people management

- 1+ years of experience in Python, R or other open source languages

- 1+ years of experience working with regulatory requirements (e.g. CCAR/DFAST)

- Strong written and executive level communication skills

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

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