Quantitative Analyst II - Model Risk Management

About the position

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for following established guidelines and identifying and resolving problems. Individual at this level is expected to use some independence of thought but to refer more complex problems to supervisors or other experts. Individual would be expected to contribute to work flow or process change and redesign, and to form a strong basic understanding of the specifies product or process. May also be accountable for regular reporting or process administration as owner.

Responsibilities

• Provide quantitative support throughout the Risk and Treasury divisions.
• Implement, model, and validate quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital.
• Provide ongoing support to the development and implementation of quantitative and statistical models.
• Develop, maintain, and back test models to support respective LOBs.
• Handle ad-hoc reporting requests for quantitative modeling.
• Accountable for risk by exchanging ideas and opinions, elevating concerns, and following policies and procedures.
• Ensure actions and behaviors drive a positive customer experience.
• Identify, assess, manage, monitor, and report risks of all types.

Requirements

• Bachelor's college degree (Master’s degree strongly preferred) in quantitative analytics, economics, statistics, engineering or a related area.
• 3 years prior work experience.
• Deep knowledge in statistical modeling such as linear regression, logistic regression, time series.
• Knowledge in machine learning model development and post model evaluation of ML model is preferred.
• Strong programming skills including SAS and Python.
• Strong verbal and written communication skills.
• Strong analytical skills.
• Ability to present a professional image.
• Ability to work in a team environment.
• Ability to multi-task and to be flexible.

Benefits

• Supportive career development and comprehensive health and financial wellness programs.
• An environment where we win together by celebrating achievements and working collaboratively.
• An opportunity to make a difference in a positive and lasting way.