Ally Financial

Quantitative Model Developer

Ally Financial

Charlotte, NC, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a highly analytical and detail-oriented individual with a passion for finance and mathematics? Do you have experience in developing and implementing quantitative models to drive business decisions? If so, Ally Financial is looking for an exceptional Quantitative Model Developer to join our team.As a Quantitative Model Developer at Ally Financial, you will play a crucial role in developing and enhancing quantitative models that support our business strategies and drive growth. You will work closely with various stakeholders to identify and solve complex business problems using data-driven insights and cutting-edge techniques. We are seeking a driven and talented individual who can thrive in a fast-paced and dynamic environment, and contribute to the success of our company.

  1. Develop and enhance quantitative models to support business strategies and drive growth.
  2. Collaborate with various stakeholders to identify and solve complex business problems using data-driven insights.
  3. Utilize cutting-edge techniques to analyze and interpret large data sets.
  4. Conduct thorough research and analysis to identify trends and patterns in financial data.
  5. Apply statistical and mathematical methods to develop predictive models.
  6. Implement and maintain models to ensure accuracy and relevance.
  7. Communicate model findings and recommendations to stakeholders in a clear and concise manner.
  8. Stay up-to-date with industry trends and advancements in quantitative modeling.
  9. Work closely with cross-functional teams to integrate models into business processes.
  10. Monitor and evaluate model performance and make necessary adjustments.
  11. Ensure compliance with regulatory requirements and internal policies.
  12. Provide support and guidance to junior team members.
  13. Participate in training and development opportunities to enhance skills and knowledge.
  14. Prioritize and manage multiple projects and deadlines effectively.
  15. Contribute to a positive and collaborative team culture.
Where is this job?
This job is located at Charlotte, NC, USA
Job Qualifications
  • Bachelor's Or Master's Degree In A Quantitative Field Such As Mathematics, Statistics, Or Finance.

  • Minimum Of 3 Years Of Experience In Developing Quantitative Models, Preferably In The Financial Industry.

  • Strong Proficiency In Programming Languages Such As Python, R, Or Matlab.

  • Experience With Statistical Modeling Techniques And Familiarity With Financial Risk Management Concepts.

  • Excellent Analytical And Problem-Solving Skills, Along With The Ability To Communicate Complex Ideas To Both Technical And Non-Technical Stakeholders.

Required Skills
  • Risk Management

  • Quantitative Research

  • Programming

  • Data Analysis

  • Machine Learning

  • Statistical modeling

  • Predictive modeling

  • Time series analysis

  • Monte Carlo simulation

  • Portfolio optimization

  • Financial Markets Knowledge

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Attention to detail

  • Teamwork

  • collaboration

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Quantitative Model Developer in Charlotte, NC, USA is $80,000 to $120,000 per year. However, salaries can vary depending on factors such as the specific industry, company size, and level of experience.

Additional Information
Ally Financial is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 1st, 2025
Apply BeforeJune 9th, 2026
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About Ally Financial

Ally Financial provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.

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