Treasury Senior Quantitative Analyst II

Company: Truist Financial Corporation
Location: Charlotte
Posted on: February 25, 2021

Job Description:

Specific information related to the position is outlined below. To apply, click on the button above. You will be required to create an account (or sign in with an existing account). Your account will provide you access to your application information. Need Help? Should you have a disability and need assistance with the application process, please request a reasonable accommodation by emailing--Accessibility or by calling 877-891-2510. This email inbox is monitored for reasonable accommodation requests only. Any other correspondence will not receive a response.Regular or Temporary:RegularLanguage Fluency: English (Required) Work Shift: 1st shift (United States of America) Please review the following job description: The position is for a Sr. Quantitative Analyst II within Truist's Financial Management Quantitative Analytics department. Financial Management Quantitative Analytics is responsible for the development and documentation of models supporting capital stress testing, asset and liability management, NII forecasting, EVE, and other corporate initiatives. The incumbent serves as a contributor supporting end-to-end execution of analytics projects, including model development, documentation and deployment. The Sr. Quantitative Analyst II provides project leadership to junior Quantitative Analysts. Quantitative analytics projects support Corporate Treasury's objective to model the behavior of Truist's balance sheet and income statement in support of capital stress testing, allowance for loan and lease losses, balance sheet manage, and other corporate initiatives.

• ESSENTIAL DUTIES AND RESPONSIBILITIESFollowing is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Develop models and analytics in support of CCAR, internal stress testing, capital planning, NII forecasting, ALM, EVE, and those associated models and qualitative methodologies.--2. Contribute to a positive and highly engaged team by championing a positive working environment through relationship development with peers, direct reports, and leadership - proactively seek guidance, clarification, and feedback.3. Support junior quantitative analysts on project work mentoring and training to accelerate the development of technical modeling processes and business knowledge.4. Act as an effective advocate to ensure user understanding and acceptance of proposed models, including written and verbal for deployed models, develop, maintain and supervise monitoring, performance reporting, and change management, processes and procedures, including, back testing. Work with model users and stakeholders to ensure models are fulfilling the business and risk management objectives set for them.5. Facilitate user and management understanding and acceptance of proposed models by preparing high quality documentation, including presentations, explaining the model and its validity for its intended use. Provide support during verbal presentations to stakeholders and oversight groups.6. Address model validation recommendations and remediate issues.7. Meet with, and present to, regulators, as requested. Provide credible, well documented evidence supporting validity of models for intended use. Support regulatory examinations and requests.8. Meet with and respond to inquiries from internal and external audit teams.9. Negotiate positive outcomes through interactions with senior management, business partners and assurance functions as well as performing other analytical activities, as requested by managers.10. Continuously broaden and deepen expertise in analytical methods via self-directed research and training.QUALIFICATIONSRequired Qualifications:The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.1. 2+ years' experience in financial services industry with focus on model development and quantitative analytics2. Master's degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training3. Demonstrated experience performing advanced quantitative analysis and developing econometric models4. Practice analyzing and manipulating large and complex data to identify data integrity issues and researching industry practices related to model methodologies.5. Contribute to a positive and highly engaged teamPreferred Qualifications:1. 5+ years' experience in financial services industry with focus on model development and quantitative analytics2. PhD in a quantitative discipline preferred3. Strong verbal, written, interpersonal, and consultative communication skills with well-developed presentation skills4. Proficiency utilizing Microsoft Office tools to prepare and present analysis5. Experience with skills SAS and SQL (or significant demonstrated experience with alternative quantitative programming languages - R, Matlab, etc.)6. Excellent analytical, quantitative, and research skills
• ESSENTIAL DUTIES AND RESPONSIBILITIESFollowing is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Develop models and analytics in support of CCAR, internal stress testing, capital planning, NII forecasting, ALM, EVE, and those associated models and qualitative methodologies.--2. Contribute to a positive and highly engaged team by championing a positive working environment through relationship development with peers, direct reports, and leadership - proactively seek guidance, clarification, and feedback.3. Support junior quantitative analysts on project work mentoring and training to accelerate the development of technical modeling processes and business knowledge.4. Act as an effective advocate to ensure user understanding and acceptance of proposed models, including written and verbal for deployed models, develop, maintain and supervise monitoring, performance reporting, and change management, processes and procedures, including, back testing. Work with model users and stakeholders to ensure models are fulfilling the business and risk management objectives set for them.5. Facilitate user and management understanding and acceptance of proposed models by preparing high quality documentation, including presentations, explaining the model and its validity for its intended use. Provide support during verbal presentations to stakeholders and oversight groups.6. Address model validation recommendations and remediate issues.7. Meet with, and present to, regulators, as requested. Provide credible, well documented evidence supporting validity of models for intended use. Support regulatory examinations and requests.8. Meet with and respond to inquiries from internal and external audit teams.9. Negotiate positive outcomes through interactions with senior management, business partners and assurance functions as well as performing other analytical activities, as requested by managers.10. Continuously broaden and deepen expertise in analytical methods via self-directed research and training.Required Qualifications:The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.1. 2+ years' experience in financial services industry with focus on model development and quantitative analytics2. Master's degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training3. Demonstrated experience performing advanced quantitative analysis and developing econometric models4. Practice analyzing and manipulating large and complex data to identify data integrity issues and researching industry practices related to model methodologies.5. Contribute to a positive and highly engaged teamPreferred Qualifications:1. 5+ years' experience in financial services industry with focus on model development and quantitative analytics2. PhD in a quantitative discipline preferred3. Strong verbal, written, interpersonal, and consultative communication skills with well-developed presentation skills4. Proficiency utilizing Microsoft Office tools to prepare and present analysis5. Experience with skills SAS and SQL (or significant demonstrated experience with alternative quantitative programming languages - R, Matlab, etc.)6. Excellent analytical, quantitative, and research skills Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace.Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name.EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify
  Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name. Assistance for Persons with Disabilities If you are an individual with a disability or a disabled veteran who is unable to use our online tools to search and apply for jobs, you may request a reasonable accommodation by contacting us at 1-877-891-2510 or by email at careers@truist.com . This option is reserved for individuals who are unable to use or require assistance with the online tools as the result of a disability and is not intended for other purposes. E-Verify Truist participates in E-Verify. In compliance with federal law, all candidates to whom a conditional offer of employment is made will be required to verify their identity and employment eligibility before beginning work at Truist. Please read the attached notices for important information about E-Verify. Notice to Staffing Agencies, Placement Services, and Professional Recruiters Truist Financial Corporation and its affiliates and subsidiaries have an internal Talent Acquisition Division. Truist may supplement that internal capability from time to time with assistance from temporary staffing agencies, placement services, and professional recruiters ("Recruiters"). Recruiters are hereby specifically directed NOT to contact Truist employees directly in an attempt to present candidates - Truist's Talent Acquisition Division must present ALL candidates to hiring managers. To protect the interests of all parties, Truist will not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to Truist, including unsolicited resumes sent to a Truist mailing address, fax machine or email address, directly to Truist employees, or to Truist's resume database will be considered Truist property. Truist will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. Truist will consider any candidate for whom a Recruiter has submitted an unsolicited resume to have been referred by the Recruiter free of any charges or fees. Recruiters must obtain advance written approval from Truist's Talent Acquisition Group Manager to submit resumes, and then only in conjunction with a valid fully-executed contract for service and in response to a specific job opening. Truist will not pay a fee to any Recruiter that does not have a signed Truist vendor agreement in place, dated no later than one year before the date of the resume submission in question. Recruiting vendor agreements will only be valid if in writing and signed Truist's Talent Acquisition Group Manager or his or her designee. No other Truist employee is authorized to bind Truist to any agreement regarding the placement of candidates by Recruiters. Truist hereby specifically rejects, and denies any liability under, any agreement purporting to be accepted based on negative consent, negotiation with a candidate, performance, or any means other than the signature of Truist's Talent Acquisition Group Manager. BY SUBMITTING A CANDIDATE TO TRUIST, RECRUITERS AGREE TO BE BOUND BY AND COMPLY WITH THIS POLICY. Equal Opportunity Employer Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace. We're still hiring - it just looks a little different. For safety reasons, we've started using a lot more technology in our interview process. Here's how:
  • Most interviews will happen digitally with our Modern Hire video tool. If you have technology concerns, please let us know so we can attempt to assist with finding a solution.
  • If your future position requires an in-person interview or travel, we'll evaluate if it's possible to postpone.
  • Digital onboarding is an option for many positions. We're still excited for new teammates to join, even if it's virtually. We are looking for ways to minimize the impact of these uncertain times on applicants' candidacy. We're all in this together. #TruistCares

Keywords: Truist Financial Corporation, Charlotte , Treasury Senior Quantitative Analyst II, Accounting, Auditing , Charlotte, North Carolina