Quantitative Credit Risk Modeling Analyst

Job Description

It’s about giving people a sense of security.

Do you enjoy researching and extracting insights from data? Would others describe you as being reliable and resourceful? Do you have a background in statistics, mathematics, or finance? If so, being a Quantitative Credit Risk Modeling Analyst I with Frost could be for you.

At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled financial services.

As a Quantitative Credit Risk Modeling Analyst I, you will assist in the development, monitoring and execution of internal risk models throughout the bank. You enjoy interpreting data to identify potential risk exposure to the organization. More than that, this role is about providing top-quality service keeping integrity, caring, and excellence top of mind.

• Monitor and execute risk models across a wide range of bank areas to ensure that they are aligned with Frost’s risk strategy. These may include (but are not limited to) models related to fraud, AML, PPNR, interest rates, credit-risk, marketing, and Dodd-Frank stress-testing
• Perform periodic analysis of line of business risk models. Interpret data to determine any potential risk exposure and/or enhance both strategic and tactical decision making by management
• Interact with Model Validation by reviewing policies, controls, risk assessments, documentation standards, and validation standards required to manage the modeling processes used throughout the Lines of Business
• Ensure the bank is in compliance in accordance to regulatory guidance
• Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

• Bachelor’s degree in mathematics or a mathematically related field such as mathematical finance, financial engineering, statistics, operations research or economics
• 1+ years experience with modeling, preferably within the financial services industry
• Experience with documenting technical aspects of a model as well as presenting results/findings
• Proficient in SQL, SAS, or R
• Proficient in Microsoft computer applications
• Excellent written and verbal communication skills

• Advanced degree (Ph.D. or Master’s) in mathematics or a mathematically related field such as mathematical finance, financial engineering, statistics, operations research or economics
• Mastery of statistics and numerical techniques

At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:

• Medical, dental, vision, long-term disability, and life insurance
• 401(k) matching
• Generous holiday and paid time off schedule
• Tuition reimbursement
• Extensive health and wellness programs, including our Employee Assistance Program
• Referral bonus program + more!

Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader in banking customer satisfaction. At Frost, it’s about being part of something bigger. If this sounds like you, we encourage you to apply and see what’s possible at Frost.