Senior Manager, Quantitative Analysis – Model Validation

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 – Model Validation

Capital One, a Fortune 500 company and one of the nation's top 10 banks, is one of the largest, most analytically sophisticated Financial Services providers in the world. We offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work.

As a Quantitative Analyst Sr. Manager within the Model Risk Office, you will lead a team or be an individual contributor in the validation of loss forecasting, stress testing and Basel-related models that are used to measure risk and calculate capital requirements associated with financial assets. You will enhance your technical and analytical skills, while also working closely with business leaders to influence business strategy. With a network of over 200 Statisticians, 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:

  • Contributing to model validation projects, in a leadership and/or analytic capacity
  • Understanding business processes and portfolios associated with model use, and the nature of model use within those processes
  • Assessing the methodologies and processes used by modeling teams to develop and manage their models, and identifying potential weaknesses and the associated materiality of the risk
  • Developing project plans, setting and managing expectations, and delivering results through self and/or others
  • Benchmarking model methodologies and performance by specifying and managing the development of alternative models
  • Analyzing complex data to determine correlations and data integrity issues
  • Researching industry practices related to model methodologies
  • Documenting validation processes and results
  • Communicating validation work to management, model owners, regulators, and auditors
  • Leveraging education, colleagues and training opportunities to develop solutions to business problems
  • Assisting with building the validation group, through contributions to hiring, training, and developing infrastructure such as processes and templates

Basic Qualifications:

  • Master's Degree in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Physics or Technology
  • At least 4 years of experience in Statistical or Econometrics modeling

Preferred Qualifications:

  • Doctorate in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Physics or Technology
  • 7+ years of experience in consumer or commercial risk
  • 5+ years of experience in risk scoring and forecasting models

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

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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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 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 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


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