Job Responsibilities
- Testing of models to analyze model performance and behavior of model output under various economic scenarios
- Providing economic and business intuition related to key drivers of deposit growth, interest rates paid, and non-interest revenue
- Perform data analysis to provide insights on drivers and trends of dependent variables such as deposit growth, interest rates paid, and non-interest revenue
- Assist with documentation of quantitative models
- Develop overlays for model output to compensate for model performance issues
- Own end-to-end development of “qualitative models” which apply simplistic statistical methods to forecast certain deposit-related items
Required Qualifications, Capabilities, and Skills
- Bachelor’s degree in finance, economics, quantitative methods/analytics or similar field of study
- 7+ years of work experience in banking, finance, quantitative analytics or quantitative modeling
- Proficient with Excel for financial analysis
- Strong understanding of macroeconomic drivers of consumer balance sheets
- Strong understanding of impact to deposits of interest rates and rate paid strategies
- Strong verbal and written communication skills with the ability to articulate complex issues clearly
- Strong analytical and problem solving skills with ability to analyze large data sets and present conclusions concisely
Preferred Qualifications, Capabilities, and Skills
- Experience with data management/analysis software (Tableau, Python, Alteryx, SQL, etc.)