Senior Quantitative Analyst - Model Development and Execution job at Bread Financial in Chadds Ford, PA, Columbus, OH, Draper, UT, New York, NY, Plano, TX, Wilmington, DE

Title: Senior Quantitative Analyst - Model Development & Execution

Locations:

Chadds Ford, Pennsylvania, United States of America

Columbus, Ohio, United States of America

Draper, Utah, United States of America

New York, New York, United States of America

Plano, Texas, United States of America

Wilmington, Delaware, United States of America

Job Description:

Full time

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Job Summary

This position is responsible for performing model execution activities including data collection and preparation, review and challenge of model inputs, execution of statistical and non-statistical models, detailed performance analysis of model outputs, designing, testing, and implementing necessary model adjustments, and other ad-hoc analysis as required. Additionally, the Analyst will prepare insightful and actionable presentations of supporting materials to internal and external stakeholders including executive leadership, auditors, and regulators. This role also participates in implementation activities related to new models, including identification and presentation of impacts to stakeholders.

Essential Job Functions

Execute assigned models to produce outputs as required. Analyze inputs, processing, and outputs to glean actionable insights for leadership. Anticipate, develop, and defend required model adjustments. Proactively enhance model execution processes, related control environment, and derived insights. - (20%)

Summarize results into key insights that are easy to understand and useful for operations and strategic decision-making. Expand suite of analytical insights to gain deeper understanding of business drivers. - (20%)

Present key findings and recommended solutions to internal and external stakeholders. Develops key content for analytical presentations that are easy to understand and insightful for non-technical audiences. - (20%)

Helps to maintains complete and accurate model and operational processes and procedures. Performs model monitoring and maintenance, reviews, and remediation when necessary. Establish and perform necessary controls and assist with risk and control self-assessments. Ensure that adequate supporting documentation is preserved for model validators and reviewers as well as regulators. - (20%)

Partner with internal stakeholders to support model development activities with an execution and business implementation focus. - (10%)

Looks for and implements continuous improvements to existing processes and procedures. - (10%)

Minimum Qualifications

Bachelor’s Degree in finance, statistics, economics, or related field of study or equivalent, relevant work experience

5+ years experience with model development, execution, and analysis in a financial company

Strong tactical knowledge of CECL and stress testing.

Preferred Qualifications

7+ years experience or more within model development, execution, and analysis within the credit card industry.

Skills

Financial Modeling

Financial Acumen

Technical Acumen

Virtual Collaboration

Python (Programming Language)

Hyperion Essbase

Microsoft Excel

Advanced SQL

Reports To: Manager and above

Direct Reports: 0

Work Environment

Normal office environment. (Remote or Hybrid), 3 to 4 days per month are required in office if within 60 miles of a posted Bread Financial location.

Travel

Ability to travel up to 10% annually

Physical and Mental Requirements

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship.

Communicate/Hearing

Communicate/Talking

Stationary Position/Seated

Typing/Writing

Maintain focus in high pressure or fast-paced work environment

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

Salary Range (unless otherwise noted below):

$97,900.00 - $177,400.00

Full Salary Range for position:

California: $112,600.00 - $221,800.00

Colorado: $97,900.00 - $186,300.00

New York: $107,700.00 - $221,800.00

Washington: $102,800.00 - $204,000.00

Maryland: $102,800.00 - $195,200.00

Washington DC: $112,600.00 - $204,000.00

Illinois: $97,900.00 - $195,200.00

New Jersey: $112,600.00 - $204,000.00

Vermont: $97,900.00 - $177,400.00

Ohio: $97,900.00 - $177,400.00

The actual base pay within this range may be dependent upon many factors, which may include, but are not limited to, work location, education, experience