The Quantitative Analyst is responsible for constructing investment models and mining external and internal data sources to validate model assumptions and drive the Bank's consumer and commercial loan origination, acquisition and disposition decisions. As a member of the Bank's internal analytics department, the analyst will work closely with multiple business line managers, strategy advisors, and external consultants. The ideal candidate should be intellectually curious, possess a willingness to problem solve and understand the root cause with a results oriented focus.
Develop proprietary data from a number of existing data sources, including internal databases, existing Excel data sheets, online data tools, etc. for use in strategic business and investment decisions.
Design and construct flexible financial models and perform ad hoc financial forecasting, analyses and modeling.
Analyze data sources for potential errors and inconsistencies; validate the formulas and methods, back-test forecasting models and develop new approaches that improve existing models.
Execute data analysis projects related to new product development and investments in a time critical, transaction-oriented environment.
A bachelor's degree in a quantitative discipline or a bachelor’s degree and an advanced degree in a quantitative discipline such as applied mathematics, statistics, finance or economics.
2-5 years of experience in consumer banking, commercial banking, specialty finance, or special situations lending with a demonstrated background in analyzing and modeling both consumer and commercial debt products.
Must be comfortable working with large sets of data; knowledge of data mining and predictive modeling methodologies preferred.
Strong knowledge and experience with MS Excel and Cognos BI; experience with SQL preferred.
Advanced written and verbal communication skills in order to work with the various business line managers, lines of businesses, including accounting, audit and information technology teams.
Must be able to organize and prioritize independently and meet tight deadlines.
Admirals Bank - 2 years ago