Principal Quantitative Modeler

Welcome to Capital One! We are a leading financial services company driven by a passion for using data and technology to improve the lives of our customers. We are currently seeking a highly skilled and experienced Principal Quantitative Modeler to join our team. As a Principal Quantitative Modeler, you will play a critical role in developing and implementing innovative quantitative models to drive business decisions and advance our analytical capabilities. We are looking for someone who is driven, analytical, and passionate about using data to solve complex problems. If you have a strong background in quantitative modeling and are looking for an exciting and challenging opportunity, we encourage you to apply today.

1. Develop and implement cutting-edge quantitative models to support business decisions and improve analytical capabilities.
2. Collaborate with cross-functional teams to identify business needs and design solutions using data and technology.
3. Conduct thorough research and analysis to identify trends, patterns, and insights that can inform model development.
4. Monitor and evaluate the performance of existing models, identifying areas for improvement and making necessary adjustments.
5. Stay updated on industry trends and best practices in quantitative modeling, incorporating new techniques and methodologies into daily work.
6. Communicate complex quantitative concepts and findings to non-technical stakeholders in a clear and concise manner.
7. Mentor and train junior team members in quantitative modeling techniques and best practices.
8. Develop and maintain documentation for all models, ensuring compliance with regulatory requirements.
9. Collaborate with risk management and compliance teams to ensure models are compliant with company policies and regulations.
10. Proactively identify and mitigate potential risks associated with model development and implementation.
11. Continuously evaluate and improve current model development processes and procedures.
12. Work closely with data engineers and architects to ensure data quality and availability for model development.
13. Manage multiple projects and deadlines simultaneously, prioritizing tasks effectively to meet business needs.
14. Represent the company at industry conferences and events, staying up-to-date on the latest developments and network with other professionals in the field.
15. Act as a subject matter expert, providing guidance and insights on quantitative modeling to other teams within the organization.

According to JobzMall, the average salary range for a Principal Quantitative Modeler in McLean, VA, USA is between $120,000 and $200,000 per year. This can vary depending on the specific company, industry, and level of experience of the modeler. Additionally, factors such as education level, certifications, and specialized skills can also affect the salary range.

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia. Capital One is ranked 11th on the list of largest banks in the United States by assets.