Quantitative Analyst, Officer, Hybrid
State Street
- Kraków, małopolskie
- Stała
- Pełny etat
- Conducting model validation activities and ensure model risks are correctly identified, assessed, and captured,
- Assessing model theory and model assumptions as well as considering model methods and potential options,
- Testing and confirming model results by using documented procedures for running the model(s),
- Reviewing code documentation for proper model implementation, including the possible simulation of results,
- Working with data validation members and information technology professionals to determine model data integrity,
- Performing model validation processes and performing independent model validation of significant models,
- Assessing the stability and robustness of models by conducting backtesting, sensitivity testing, and stress testing,
- Identifying issues and requiring improvements related to the applicability of the different models assessed in meeting their objectives,
- Ensuring compliance with the regulatory (SR11-7) and State Street quality requirements for model risk,
- Delivering validation findings via management presentations and regular reports
- Communicating with onsite validators, model owners, model developers and business to relay the issues and feedback and capture the action plans,
- Ensuring quality checks and controls including standardization of assessments and dissemination of feedback across team members.
- Strong verbal and written communication skills, with ability to effectively articulate ideas and analysis to model owners, model developers and senior management,
- Hands-on and results oriented, willingness to work in a position with uneven and high priority project work,
- Willingness and ability to master concepts quickly,
- Ability to gain trust and respect of business partners,
- Able to complete tasks independently and as part of a team to high quality standards.
- PhD in related disciplines or master’s degree with extensive business knowledge and strong technical skills (e.g., Statistics, Econometrics, Mathematics, Computer Science or Engineering); CFA, FRM or PRM designation a plus,
- At least 3 years of experience in roles related to quantitative finance or quantitative research oriented to finance (model validation, model development, model audit, ALM, etc.), including model documentation and implementation; exposure to regulatory concerns a plus,
- Strong programming skills in at least one programming language (R, Python, MATLAB, C++, SAS etc.),
- Employee savings plan,
- Life insurance package,
- Medical package,
- International operating environment,
- Language classes,
- Soft skills trainings,
- Technical workshops,
- Development sessions with a mentor,
- Diversity of opportunities across a range of challenging and highly complex activities,
- Technical or leadership career pathway.