The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status. Need Help? (https://www.brainshark.com/bbandt/careers-site-faq) If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request) (accommodation requests only; other inquiries won't receive a response). Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America) Please review the following job description: The position is for a Quantitative Analyst 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. 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 RESPONSIBILITIES Following 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. <ol> <li> 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 </li> <li> Utilizing limited instruction absorb direction, develop, and implement quantitative models consistent with management expectations </li> <li> Apply with limited support documentation, development, and implementation standards and procedures </li> <li> With minimal support address model validation recommendations and remediate issues, </li> <li> meet with and respond to inquiries from internal and external audit teams, </li> <li> Utilize quantitative techniques to measure and analyze model risks and form opinions on the strengths and limitations of the respective models. </li> <li> Build, monitor, and review existing models. </li> <li> Conduct ongoing communication with model owners and model developers during the course of the entire model development and model review process. </li> <li> 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. </li> <li> For deployed models, develop and execute ongoing model verification, performance reporting, and assist with change management processes and procedures, including but not limited to, back testing, including outcomes analysis. Work with model users and stakeholders to ensure models are fulfilling the objectives set for them. </li> <li> Ensure that models comply with BB&T requirements for model development, documentation, ongoing verification, coding standards, change management and other policy requirements; address model validation recommendations and remediate issues. </li> <li> Perform other analytical activities, as requested by managers. </li> <li> Continuously broaden and deepen expertise in analytical methods via self-directed research and training. </li> </ol> QUALIFICATIONS 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. <ol> <li> 4+ years' experience in financial services industry with focus on model development and quantitative analytics - PhD in a quantitative discipline may substitute for experience expectations </li> <li> Master's degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training </li> <li> Demonstrated experience performing advanced quantitative analysis and developing econometric models </li> <li> Strong verbal, written, interpersonal, and consultative communication skills with well-developed presentation skills </li> <li> Proficiency utilizing Microsoft Office tools to prepare and present analysis </li> <li> Expertise with SAS and SQL (or significant demonstrated experience with alternative quantitative programming languages - R, Matlab, etc.) </li> <li> Excellent analytical and quantitative skills </li> </ol> Preferred Qualifications: <ol> <li> PhD in a quantitative discipline preferred </li> <li> Proficiency utilizing Microsoft Office tools to prepare and present analysis </li> <li> Experience with skills SAS and SQL (or significant demonstrated experience with alternative quantitative programming languages - R, Matlab, etc.) </li> <li> Advanced research and presentation skills </li> </ol> General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site (https://benefits.truist.com/) . Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. 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, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf) E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf) <script id="detrack" src="https://d2e48ltfsb5exy.cloudfront.net/p/t.js?i=0,1" data-g="644aea3061e84d64af4ba321891fb37f1624"></script>

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One. Job Description NOTE: Locations - Minneapolis, MN or Charlotte, NC We're seeking a highly skilled and motivated AI/ML Quantitative Analyst who's adept at advanced Generative AI development and implementations to join our AI/ML Center of Excellence in Model Risk Management. The team plays a critical role in providing oversight to U.S. Bank's Artificial Intelligence Models and tools across various business areas, such as Marketing, Fraud, Credit Risk and Bank Operations. Responsibilities: Validate AI/ML models with a focus on Generative AI, ensuring they meet model risk governance requirements in conceptual soundness, development data/process, performance testing, risk guardrails, monitoring, and implementation. Conduct R&D in NLP, computer vision and particularly Generative AI and their potential applications and use cases Provide validation expertise and consulting services related to AI/ML model development and model review, including best practices on algorithm development and selection, model risk mitigation and remediation, building benchmark AI models, identify gaps and deficiencies in AI model development and monitoring process, etc. Develop technical guidance documents, playbook and white paper on AI/ML. Basic Qualifications <ul> <li>Bachelor's degree in a quantitative field, and five or more years of relevant experience</li> </ul> OR <ul> <li>MA/MS in a quantitative field, and three or more years of related experience</li> </ul> OR <ul> <li>PhD in a quantitative field, and less than two years of related experience</li> </ul> Preferred Skills/Experience - Considerable knowledge of various machine learning algorithms and their applications, including Random Forest, GBM, XGBoost, deep learning, NLP, computer vision, multi-modality - Proficiency in Python, and experience with deep learning frameworks such as PyTorch, Tensorflow/Keras, MXNet <ul> <li> Experience with complex deep neural networks and transformer architectures. </li> <li> Proven work or research experience in a university or industry labs, with primary emphasis on AI research. Experience and authored research publications in LLM or Computer Vision model training, fine-tuning, reinforcement learning, Gen AI application development/deployment are strongly preferred. </li> <li> Demonstrated independence, teamwork and excellent project management and communication skills </li> </ul> NOTE: This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) . Benefits: Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours): <ul> <li> Healthcare (medical, dental, vision) </li> <li> Basic term and optional term life insurance </li> <li> Short-term and long-term disability </li> <li> Pregnancy disability and parental leave </li> <li> 401(k) and employer-funded retirement plan </li> <li> Paid vacation (from two to five weeks depending on salary grade and tenure) </li> <li> Up to 11 paid holiday opportunities </li> <li> Adoption assistance </li> <li> Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law </li> </ul> EEO is the Law U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) . The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $102,340.00 - $120,400.00 - $132,440.00 Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date. <script id="detrack" src="https://d2e48ltfsb5exy.cloudfront.net/p/t.js?i=0,1" data-g="924fd94cb4014d1ca020754853af2e651624"></script>

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status. Need Help? (https://www.brainshark.com/bbandt/careers-site-faq) If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request) (accommodation requests only; other inquiries won't receive a response). Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America) Please review the following job description: JOB SUMMARY 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 RESPONSIBILITIES Following 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. <ol> <li> Develop models and analytics in support of CCAR, internal stress testing, capital planning, NII forecasting, ALM, EVE, and those associated models and qualitative methodologies. </li> <li> 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. </li> <li> Support junior quantitative analysts on project work mentoring and training to accelerate the development of technical modeling processes and business knowledge. </li> <li> 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. </li> <li> 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. </li> <li> Address model validation recommendations and remediate issues. </li> <li> 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. </li> <li> Meet with and respond to inquiries from internal and external audit teams. </li> <li> Negotiate positive outcomes through interactions with senior management, business partners and assurance functions as well as performing other analytical activities, as requested by managers. </li> <li> Continuously broaden and deepen expertise in analytical methods via self-directed research and training. </li> </ol> QUALIFICATIONS <h3>Required Qualifications</h3> 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. <ol> <li> 2+ years' experience in financial services industry with focus on model development and quantitative analytics </li> <li> Master's degree in Statistics, Econometrics, Actuarial Science, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training </li> <li> Demonstrated experience performing advanced quantitative analysis and developing econometric models </li> <li> Practice analyzing and manipulating large and complex data to identify data integrity issues and researching industry practices related to model methodologies. </li> <li> Contribute to a positive and highly engaged team </li> </ol> <h3>Preferred Qualifications</h3> <ol> <li> 5+ years' experience in financial services industry with focus on model development and quantitative analytics </li> <li> PhD in a quantitative discipline preferred </li> <li> Strong verbal, written, interpersonal, and consultative communication skills with well-developed presentation skills </li> <li> Proficiency utilizing Microsoft Office tools to prepare and present analysis </li> <li> Experience with skills SAS and SQL (or significant demonstrated experience with alternative quantitative programming languages - R, Matlab, etc.) </li> <li> Excellent analytical, quantitative, and research skills </li> </ol> General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site (https://benefits.truist.com/) . Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. 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, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf) E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf) <script id="detrack" src="https://d2e48ltfsb5exy.cloudfront.net/p/t.js?i=0,1" data-g="55f76c950b754bc38062b92661e9f7ff1624"></script>

<h3>Job Description</h3><div>Job Description<div>Quantitative Analyst Lead237-315k Hybrid in Charlotte, NC This position will be part of the Mortgage Model Development Group that will focus on mathematical concepts and programming. The group manages all quantitative modeling related to market and interest rate risk on the bank’s mortgage products including consumer banking mortgage activities, trading activities and investment portfolio positions in mortgage products.In this role you will:Implement interest rate models, mortgage prepayment models, mortgage default models, derivative valuation models, hedging strategies, and horizon forecast models to support various mortgage business. Implement and enhance the firm’s proprietary quantitative library in C++ Generate, test, implement, and deploy ideas to improve system performance or team productivity Improve the safety and reliability of the library Partner constructively in collaboration with business, model development, model validation, and ITRequired 5+ years of Quantitative Analytics experience (Mortgage-related) Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer scienceDesired 2 At least 2 years of C++ experience At least 2 yrs experience applying advanced mathematics in problem solving Experience in vendor model, solution, or platform - Polypaths, ADCo, Intex, QRM, Bloomberg, Yieldbook Experience with large scale library development Experience with multi-threading and asynchronous event-driven programming Experience with computer programs including, SQL and VBA Knowledge and understanding of interest rate derivatives models and mortgage analytics Knowledge of Derivatives valuation Requirements5+ years of Quantitative Analytics experience (Mortgage-related) Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer scienceBenefits237-315kMedical, Dental, Vision6% 401k match, 144 hours of up-front PTOMore</div></div>

Quantitative Analyst Lead 237-315k Hybrid in Charlotte, NC This position will be part of the Mortgage Model Development Group that will focus on mathematical concepts and programming. The group manages all quantitative modeling related to market and interest rate risk on the bank's mortgage products including consumer banking mortgage activities, trading activities and investment portfolio positions in mortgage products. In this role you will: Implement interest rate models, mortgage prepayment models, mortgage default models, derivative valuation models, hedging strategies, and horizon forecast models to support various mortgage business. Implement and enhance the firm's proprietary quantitative library in C++ Generate, test, implement, and deploy ideas to improve system performance or team productivity Improve the safety and reliability of the library Partner constructively in collaboration with business, model development, model validation, and IT Required 5+ years of Quantitative Analytics experience (Mortgage-related) Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science Desired 2 At least 2 years of C++ experience At least 2 yrs experience applying advanced mathematics in problem solving Experience in vendor model, solution, or platform - Polypaths, ADCo, Intex, QRM, Bloomberg, Yieldbook Experience with large scale library development Experience with multi-threading and asynchronous event-driven programming Experience with computer programs including, SQL and VBA Knowledge and understanding of interest rate derivatives models and mortgage analytics Knowledge of Derivatives valuation Requirements 5+ years of Quantitative Analytics experience (Mortgage-related) Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science Benefits 237-315k Medical, Dental, Vision 6% 401k match, 144 hours of up-front PTO More

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Quantitative Analyst Jobs in Charlotte, NC

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Treasury Quantitative Analyst IiiApril 19, 2024

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