Public Finance Waterfall Modeling Team Lead - Global Capital Markets Quantitative Risk Analyst

Overview

The Public Finance Waterfall Modeling Team Lead will establish and lead a centralized modeling function responsible for translating complex transaction-specific waterfall provisions into standardized, controlled, and operationally-ready templates. This role will serve as the subject matter expert for document interpretation, financial modeling, quality control standards, and workflow governance across Public Finance transactions. The individual will build the team's methodology, establish model standards, oversee quality assurance processes, and ensure all approved models are accurate, traceable, and compliant with operational and risk requirements.

The role will work closely with Relationship Managers, Transaction Administration teams, Product, Legal, and Risk partners. This position combines deep Public Finance expertise, advanced financial modeling capabilities, operational leadership, and control discipline.

Waterfall Modeling & Document Interpretation Analyze transaction governing documents including trust indentures, resolutions, loan agreements, and related legal documentation. Interpret waterfall provisions, payment priorities, formulas, triggers, conditional transfers, residual distributions, and replenishment mechanics. Design, build, and approve standardized waterfall templates and models. Ensure all calculations and model outputs are fully traceable to governing source documents. Team Leadership & Capability Development Establish standards, processes, methodologies, and governance frameworks for the centralized Waterfall Modeling function.

Build and manage a library of standardized template components and modeling tools. Provide coaching, training, and oversight to model analysts. Develop operating procedures and performance metrics. Quality Control & Risk Management Implement rigorous quality assurance and independent review processes. Establish model validation, scenario testing, and release controls. Ensure compliance with internal risk management, End User Computing, and records management standards.

Escalate document ambiguities and interpretation issues through appropriate Product and Legal channels. Operational Excellence Manage intake, prioritization, workflow, and service delivery processes. Develop complexity tiering and approval frameworks. Monitor quality, turnaround times, utilization, and operational effectiveness. Drive continuous improvement initiatives and standardization efforts. Cross-Functional Partnership Partner with Relationship Managers, Operations, Product, Legal, and Risk stakeholders. Conduct model handoff sessions and user education.

Provide subject matter expertise for new transaction structures and complex deals.

Bachelor’s degree, OR in lieu of degree, A combined minimum of 11 years higher education and/or work experience to include a minimum of 7 years relevant experience.

-OR
- Master’s degree in Mathematics, Statistics, Quantitative Analysis or another technical discipline, with minimum of 5 years relevant experience or in lieu of degree, a combined minimum of 11 years higher education and/or work experience to include a minimum of 5 years relevant experience. Minimum of 7 years relevant experience Banking or Financial Services experience Experience with SAS, SAS Enterprise Miner and other Statistical Software Packages.

Advanced Knowledge of SQL and Microsoft Office. Ability to utilize analytics in a collaborative manner across business functions and product lines to derive optimum solutions. Demonstrated ability to communicate complex concepts. Demonstrated ability to manipulate and analyze data across large databases.

Public Finance…