Director,Quantitative Analysis - Commercial Credit Modeling Team Job New York New York USA,Finance & Banking

Location: New York

Director, Quantitative Analysis - Commercial Credit Modeling Team

At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database, cutting edge technology in 1988! Fast-forward a few years, and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven decision-making.

As a Quantitative Analyst at Capital One, you’ll be part of a team that’s leading the next wave of disruption at a whole new scale, using the latest in cloud computing and machine learning technologies and operating across billions of customer records to unlock the big opportunities that help everyday people save money, time and agony in their financial lives.

Capital One’s Counter party Risk Group has a $7B+ credit risk portfolio toward Financial Institutions across the Enterprise. We also extend credit risk management to the Global Payment Network and the Commercial Bank at the intersection of financial institutions and commercial lending. In the Counter party Risk Group, you’ll get an opportunity to solve a diverse set of problems with a diverse set of tools.

In some settings, you’ll leverage open source programming or cloud computing to predict credit risk events across complex datasets using statistical techniques. In other settings, you’ll get the opportunity to use completely different skill sets, blending business insights with quantitative tools when forecasting rare or unprecedented events. It’s a team full of exciting opportunities to solve a range of complex problems, generating insights for credit decision makers.

Responsibilities and Skills:

Communicate clearly and concisely both verbally and through written communication via model validation presentations and reports and presentations.
Develop and implement strategies for statistical and financial models used to support Counter party Credit Risk processes.
Assess the quality and risk of model methodologies, outputs, and processes.
Develop alternative approaches to model design and deployment capabilities.
Apply expertise in econometric, statistical, and machine learning methods to generate insights in modeled risks.
Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies.

Expertise in quantitative analysis is central to our success in all markets. Our modelers thrive in a culture of mutual respect, excellence and innovation.

Successful candidates would possess:

Strong understanding of quantitative analysis methods relating to financial institutions and financial risk exposures.
Demonstrated track-record in model development and/or validation.
Ability to clearly communicate modeling results to a wide range of audiences.
Drive to develop and maintain high quality and transparent model documentation.
Strong written and verbal communication skills.
Strong presentation skills.
Appreciation for processes, controls, and good governance.
Ability to manage complex projects that require cross-team collaboration.

Basic Qualifications:

Currently has, or is in the process of obtaining one of the following with an exception that the required degree will be obtained on or before the scheduled start date:
At least 7 years of experience in each of the following skills through education or experience:
At least 7 years of experience in at least 3 of the following skills:

Preferred Qualifications:

8 years of experience in Python, Scala, R or other statistical analyst software
8 years of experience with machine learning
3 years of experience managing people

Capital One will consider sponsoring a new…