Data Science Quantitative Analyst
2 days ago
Data Science Quantitative Analyst
About UsWe are Crédit Agricole CIB, the corporate and investment banking arm of Crédit Agricole Group. Our bank is committed to diversity and inclusion, making our positions open to people with disabilities.
SalaryThe estimated annual salary for this position ranges from $120,000 to $180,000, depending on experience and qualifications.
Job DescriptionIn this role as Data Science Quantitative Analyst, you will be responsible for validating complex models used in risk management, including pricing, Value-at-Risk (VaR), Compliance, Market, and Liquidity risk models. Your primary duties will include:
- Developing and implementing comprehensive testing frameworks based on regulatory guidelines, such as SR11-7 and OCC.
- Employing advanced statistical and mathematical techniques in validation activities.
- Preparing detailed reports on validations performed in line with regulatory requirements.
- Presenting data and validation results in a compelling manner to support decisions to respective committees.
You will work closely with stakeholders to conduct risk assessment testing and maintain accurate records of model validations.
Required Skills and QualificationsTo be successful in this role, you must possess a Master's degree in a STEM science, such as Finance, Economics, Statistics, or Mathematics, and have at least 3-5 years of relevant experience in model validation/model development and quantitative finance. You should also have knowledge of programming languages, including Python, R, and SAS, as well as excellent communication and interpersonal skills.
BenefitsAt Crédit Agricole CIB, we offer a range of benefits to our employees, including competitive salaries, opportunities for professional growth and development, and a diverse and inclusive work environment.
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