Quantitative Model Analyst

Raleigh, NC, USA

Full-TimeDepends on ExperienceSenior LevelMasters

Job Description

Are you a data-driven individual with a passion for financial analysis? Do you thrive in a fast-paced, dynamic environment? If so, we have the perfect opportunity for you. First Citizens Bank is currently seeking a highly skilled and motivated Quantitative Model Analyst to join our team. As a key member of our team, you will play a critical role in developing and maintaining quantitative models that drive our business decisions. If you have strong analytical skills, excellent attention to detail, and a strong understanding of financial modeling, we invite you to apply for this exciting opportunity.

Develop and maintain quantitative models that drive business decisions for First Citizens Bank.
Utilize analytical skills to interpret and analyze large amounts of financial data.
Collaborate with cross-functional teams to identify business needs and develop solutions using quantitative models.
Conduct thorough research and analysis to support the development and enhancement of existing models.
Monitor and evaluate model performance and make recommendations for improvement.
Ensure compliance with regulatory requirements and industry best practices in model development and usage.
Communicate complex data and analysis in a clear and concise manner to various stakeholders.
Stay updated on industry trends and advancements in financial modeling techniques.
Participate in training and mentoring programs to enhance knowledge and skills in quantitative modeling.
Maintain accurate documentation of model development, testing, and results.
Identify opportunities for process improvements and implement changes as needed.
Work independently and as part of a team to meet project deadlines.
Adhere to company policies and procedures while performing job duties.

Where is this job?

This job is located at Raleigh, NC, USA

Job Qualifications

Bachelor's Degree In Mathematics, Statistics, Economics, Or A Related Field.
Proficiency In Statistical Modeling And Data Analysis Using Tools Such As Sas, R, Or Python.
Knowledge Of Financial Markets And Products, Including Experience With Risk Management.
Strong Problem-Solving Skills And The Ability To Communicate Complex Quantitative Concepts To Non-Technical Stakeholders.
Experience Working With Large Datasets And Implementing Quantitative Models In A Banking Or Financial Services Environment.

Required Skills

Financial Analysis
Programming
Data Analysis
Forecasting
Machine Learning
Database
Regression analysis
Statistical modeling
Risk assessment
Time series analysis
Monte Carlo simulation
Mathematical modeling

Soft Skills

Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
collaboration
Adaptability
Problem-Solving

Compensation

According to JobzMall, the average salary range for a Quantitative Model Analyst in Raleigh, NC, USA is between $85,000 - $120,000 per year. This may vary depending on the specific company, experience level, and job responsibilities. Some companies may also offer additional benefits such as bonuses and stock options.

Additional Information

First Citizens Bank 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 PostedMarch 19th, 2024

Apply BeforeAugust 19th, 2025

This job posting is from a verified source.

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