Quantitative Risk Management Sr. Associate

Quantitative Risk Management Analyst
The Quantitative Risk Management Analyst will utilize quantitative methods and data analysis to identify, measure, and communicate existing or potential financial risk exposures at the Bank. This role will engage with business partners and colleagues to provide a financial risk management perspective towards analytic opportunities in the development of new models, processes, products, and/or strategies. The successful candidate will work collaboratively across key functional business areas and product lines to provide quantitative insights and risk perspectives. While this role is primarily focused on analytics and risk management, the ideal candidate will have a strong technical aptitude and understanding of database concepts.

Key Responsibilities and Duties

• Conduct ad-hoc analysis of credit and/or financial performance to assess existing or emerging risks and communicate findings to business partners and risk stakeholders.
• Utilize data analysis skills, statistical procedures, and quantitative methods to create Risk Management analytic assessments.
• Identify and analyze risk trends across various products and evaluate performance relative to related policies and the banks' risk appetite.
• Prepare detailed findings of independent research and empirical analysis projects for various business units, risk officers, management, risk committees, and other stakeholders.
• Support risk management projects that may include industry benchmarking, credit vintage analysis, credit concentration analysis, and additional insights to financial risks.
• Foster risk management perspectives across the organization to deepen risk management culture.

Qualifications

• 3 Years Required; 5 Years Preferred

• University (Degree), Preferred

Additional Education Requirements

• Bachelor's Degree

Physical Requirements

• Physical Requirements: Sedentary Work

Preferred Education

• University (Degree)

Career Level
7IC

Qualifications:

Required:

• 3 or more years of experience in the financial services or risk management.

Preferred:

• 5 or more years of experience in the financial services or risk management, preferred.
• Bachelor's degree in a quantitative discipline (Economics, Finance, Statistics, Engineering, or related field), required.
• Master's degree or higher in a quantitative discipline (Economics, Mathematical Finance, Statistics, Engineering, or related field), or 2+ years of experience in analytics, data science, or financial risk management, required.
• 2 or more years of experience with SAS programming, preferred.
• Experience with predictive modeling or data mining (Regression, Decision Trees, Forecasting, and/or Simulation models), preferred.
• Capacity to interpret technical-level data with a functional-level understanding of risk analytics.
• Ability to convey highly technical information in practical business-based terms.
• Demonstrate a desire to continually and quickly learn.
• Strong analytical skills with high attention to detail and accuracy.
• Excellent communication skills with the ability to develop relationships with business partners across multiple teams.
• Must be self-motivated, have exceptional time management skills, and be capable of working independently.
• Interest in Financial Risk Manager (FRM), Professional Risk Manager (PRM), or Chartered Financial Analyst (CFA) designation a plus.

Base Pay Range: $76,900/yr. - $128,100/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview

As a part of TIAA's Financial Solutions business, TIAA Bank, a division of TIAA, FSB, provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country.

COVID-19 Vaccination

TIAA requires all U.S. employees to be fully vaccinated against COVID-19 and provide documentation of full vaccination, unless you qualify for an accommodation as determined by TIAA consistent with applicable law.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here.

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If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: [email protected]

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