Fifth Third Bank, National Association is hiring a Senior Quant Analyst - CCAR

Fifth Third Bank, National Association is looking for a Senior Quant Analyst - CCAR to focus on credit risk model development, monitoring, and documentation. You will support lending portfolio products by developing, selecting, and implementing quantitative models for credit risk, including those for CCAR, CECL, and stress testing.

What You'll Do

• Provide quantitative support throughout the Risk divisions.
• Develop, implement, and monitor quantitative models for expected credit loss estimation and related components (PD, LGD, EAD, prepayment).
• Provide ongoing support for the development, implementation, and validation of quantitative and statistical models and tools.
• Perform back testing of models to support respective Lines of Business.
• Handle responsibility for ad-hoc reporting requests for quantitative modeling, Stress Testing, and CECL Allowance for Credit Losses estimation.
• Multi-task effectively and be results oriented.
• Work effectively in a collaborative team environment.
• May be accountable for regular reporting or process administration as a model owner.

What We're Looking For

• Advanced degree in quantitative analytics, economics, finance, statistics, mathematics, engineering, or a related area.
• Minimum 4+ years’ experience in statistical/econometric modeling with focus on Consumer credit risk.
• Experience with programming languages commonly used for quantitative modeling, such as SAS, R, Python or Matlab.
• Database experience using SQL-based databases.
• Strong analytical, verbal and written communication skills.
• Ability to present a professional image.
• Ability to work in a team environment, to multi-task and be flexible.
• Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook.

Nice to Have

• PhD preferred.
• Cloud-based or data-warehouse-as-a-service experience.
• Some experience with machine-learning and artificial intelligence approaches.
• A working understanding of CCAR, CECL and Basel III frameworks.
• Experience in a cross-functional environment working with portfolio management concepts and constructing and explaining risk models.

Technical Stack

• SAS
• R
• Python
• Matlab
• SQL-based databases
• Microsoft Office

Team & Environment

Collaborative work environment within Risk divisions.

Benefits & Compensation

• Total Base Pay Range: $80,500.00 - $169,100.00 USD Annual

Work Mode

This is a virtual role, open to candidates in the global region and specifically within Ohio.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.