Head of Quantitative Financial Crimes

Position Overview Senior Quantitative Model Development Officer II and Head of Quantitative Financial Crimes. Regular position. Language Fluency: English (Required). Work Shift: 1st shift (United States of America). Key Responsibilities Manage model development and estimation activities across the model life cycle, including planning, data acquisition, estimation, evaluation, documentation, approval, model/business process integration and implementation. Build and lead a team of quantitative model developers to develop risk models using advanced modeling approaches and set the standard for excellent performance. Provide leadership and mentorship to other quantitative model development managers across various products, modeling disciplines and complexities. Establish, maintain and administer model development infrastructure, processes and procedures. Assist various parties (e.g., lines of business leads) with identifying and assessing viable model development opportunities. Assist with model compliance activities as it relates to Model Risk Management and SR26-2 policy and standards. Assist client model owners with integrating models into the business process and model deployment activities, including production scoring support and sustainability. Provide ongoing model support specific to evaluation, surveillance and interpretation of model performance. Provide consultation and represent client model owners during third‑party assurance provider reviews (e.g., Model Risk Management, Corporate Audit, regulatory bodies) and Q&A activities. Qualifications Required Qualifications: Bachelor’s degree in Statistics, Econometrics, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and related training. 10+ years of relevant experience, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models. Preferred Qualifications: Master’s degree or higher in Statistics, Econometrics, Mathematics, or other applied quantitative science, or equivalent education and related training. 3–5+ years of relevant experience supervising or acting as a team lead with quantitatively trained teammates. Benefits Overview Eligible employees receive a comprehensive benefits package that may include medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401(k) plan. Eligible employees also receive a minimum of 10 days of vacation and 10 sick days during their first year of employment, and paid holidays. Additional benefits such as a defined benefit pension plan, restricted stock units or a deferred compensation plan may be available depending on the position and division. Equal Opportunity Statement Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law. I Verify Right to Work. #J-18808-Ljbffr