Quant Analyst; PhD

Position: Quant Analyst (PhD Required) (Full-Time)
Description Overview of Role:
The role will involve the development and enhancement of capital and loss forecasting models within the bank, with a particular focus on the achieving compliance with the Basel committee market risk requirements outlined as part of the Fundamental Review of the Trading Book. This is a high-profile area and presents a challenging and intellectually stimulating role in a dynamic team that is used to delivering in a timely manner to many different constituents of the bank.

Responsibilities:
As a Quantitative Finance Analyst your main responsibilities will involve:

Developing and implementing new models or enhance existing models

Maintaining & developing loss forecasting and capital models

Seeking out work and enhancing current models/processes

Producing clear and coherent technical documentation for internal and regulatory purposes

Competencies:

Qualified PhD level in a numerical discipline (e.g. Statistics, Mathematics, Physics or Engineering)Experience in developing, documenting & maintaining numerical models for purposes of loss forecasting or calculating capital requirements Demonstrates consistent attention to detailProven ability to communicate complex technical concepts clearly Essential

Skills:

Technical skills:
Statistics, Probability Theory, EconometricsIT skills:
Prior experience of using both statistical modeling tools (e.g. SAS, R) and development experience in either C++ or Python Documentation:
Ability to clearly document quantitative models and evidence technical modeling choices Data analysis and interpretation.

Experience of interpreting and manipulating large financial data setsA Practical knowledge of credit products including loans, bonds and credit derivatives

Nice to have Practical experience of quantitative model documentation using of LaTex or similar mathematical typesetting packages

Job Type & Location This is a Permanent position based out of Charlotte, NC.Pay and Benefits The pay range for this position is $115000.00 - $145000.00/yr. Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

Health & Wellness
Medical, dental, and vision insurance
Prescription drug coverage
Telehealth services
Mental health counseling and support programs
Health Savings Account (HSA) and Flexible Spending Accounts (FSA), where eligible
Wellness programs, including incentives and wellness credits for eligible employees
Retirement & Financial Benefits
401(k) retirement plan with company matching contributions
Access to Merrill retirement and investment resources
Employee stock purchase opportunities and equity programs for eligible populations
Financial planning resources and education tools
Paid Time Off
Vacation time
Holidays
Sick time
Parental leave (maternity, paternity, adoption support)
Bereavement leave
Military leave and other leave programs
Family & Life Benefits
Life insurance
Disability insurance (short-term and long-term)
Fertility, adoption, and family-building assistance
Backup childcare and eldercare resources (subject to program availability)
Employee Assistance Program (EAP)
Workplace Type This is a hybrid position in Charlotte,NC.Final date to receive applications

This position is anticipated to close on Oct 14, 2026.About TEKsystems

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change.

That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

About TEKsystems and TEKsystems Global Services Were a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. Were a team of 80,000 strong, working with over…