Senior Financial Quantitative Analyst

Senior Financial Quantitative Analyst

The Senior Financial Quantitative Analyst leads the development of advanced quantitative models that support strategic decision-making across our banking operations. This role will be instrumental in capital planning, risk modeling, asset-liability management, and regulatory forecasting/reporting. The analyst combines their deep banking or credit union knowledge with strong quantitative skills.

To be effective, an individual must be able to perform each job duty successfully.

• Design, build, and maintain sophisticated quantitative models for:
• Credit risk and loan loss modeling (e.g., CECL, PD/LGD/EAD)
• Feeder models that support Asset- Liability Management (ALM) and interest rate risk such as:
• Asset Prepayment Models
• Non-Maturity Deposit Beta/Decay Models
• Capital stress testing and scenario analysis
• Partner with Treasury, Finance, FP&A, Credit Risk, and Accounting teams to develop and maintain quantitative models that support strategic decision-making, forecasting, stress testing, and risk management.
• Support liquidity, capital, and balance sheet management through quantitative analysis, forecasting, and scenario modeling.
• Develop model monitoring, back-testing, sensitivity testing, and performance measurement processes to ensure model accuracy and reliability.
• Extract, validate, and analyze large datasets using SQL and at least one analytical programming language (e.g., R or Python) other analytical tools to support model development and business insights.
• Provide quantitative analysis and analytical support for strategic initiatives across Treasury, Finance, Accounting, Lending, and other business units as needed.
• Apply statistical and quantitative techniques to model development and validation. Lead quantitative analysis to support pricing strategies, portfolio optimization, and risk-adjusted return metrics
• Collaborate with Accounting & Treasury, 2nd and 3rd line Risk, FP&A, and Regulatory Reporting teams to align modeling assumptions and outputs
• Ensure model governance, documentation, and compliance with regulatory expectations
• Provides policy recommendations and best practices for model governance and critical measures
• Present findings and model outputs to senior & executive leadership, board committees, and regulators
• Potentially lead and mentor junior quantitative analysts as the team grows

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Education and Experience

• Bachelor's degree in Finance, Mathematics, Statistics, or a related field. Master's degree preferred.
• 6+ years of experience in quantitative analysis within banking or financial services.
• Strong understanding of bank or credit union financials, regulatory capital (Basel III/IV), and liquidity frameworks (LCR, NSFR).
• Strong SQL skills required, with experience in at least one analytical programming language (e.g., R or Python) to support data analysis, quantitative modeling, and decision-making.
• Proficiency in Excel, VBA, and financial modeling tools
• Experience with ALM systems management (preferred: BancWare, Empyrean, ZMFS)
• Experience with statistical modeling and scenario analysis
• Familiarity with regulatory stress testing frameworks (and CECL modeling preferred but not required)
• Ability to translate complex quantitative insights into strategic recommendations
• Brings strategic business context to decisions made across groups

Knowledge & Skills

• Experience working in the Workday Financial Management environment preferred
• Knowledge of data visualization tools such as Power BI and Tableau
• Prior involvement in securitizations, whole loan or participation sales, or structured finance preferred.
• Experience working in either a Symitar or Correlation: Keystone environment preferred
• Experience developing hedging strategies using derivatives such as interest rate swaps, caps, floors, and futures preferred.
• Functional thought leader, sought after for key decisions
• Leverages knowledge of trends in profession and/or specialized areas to influence strategy
• Leadership and talent management skills
• Strategic thinking
• Problem solving skills
• Verbal/written communication skills

Leadership and Organization Development

• Creates a sense of urgency and accountability in delivering objectives and a culture which fosters innovation and creativity
• Coaches individuals to reach full potential
• Significantly participates in recruiting efforts. Continually raises the bar
• May be responsible for communicating team or department vision and goals
• Oversees planning process and delegation across teams and/or departments
• Go-to person in at least one major functional or technical area
• Has authority over decisions for particular projects within a group

Scope and Strategic Impact

• Applies specialized knowledge to implement programs and initiatives and contributes to solving problems of high complexity.
• Will serve as a technical lead for our most complex, cross functional projects.
• Analyzes data to summarize findings and draws conclusions about programs to project teams
• Contributes to projects that impact the organization and is accountable for impact analysis of programs and initiatives
• Assists with priority projects and provides for a review and recommendation on current processes and technologies that facilitate operational efficiencies
• Develops relationships with key business and functional leaders
• Applies advanced subject matter knowledge to complex business issues, and is regarded as a subject matter expert
• Able to handle most unique situations
• Develops expertise and may help set functional procedures and direction
• Initiates projects for a team or approves proposed projects from teams
• Identifies and institutionalizes best practices
• Develops solutions to some of the company's most challenging issues, requiring significant ingenuity
• May develop long-term strategies and influence leadership decisions
• Keeps abreast of industry trends and applies knowledge to MACU's business
• Functional thought leader, sought after for key decisions

Analytical Thinking & Problem Solving

• Works on complex problems / projects where analysis of situations or data requires an in-depth evaluation of multiple factors
• Exercises significant independent judgment within broadly defined procedures and practices to determine best method for accomplishing work and achieving objectives
• Makes decisions on complex business issues

PHYSICAL ABILITIES / WORKING CONDITIONS

Physical Demands

Ability to sit, talk and hear consistently

Vision Requirements

Close vision (clear vision at 20 inches or less)

Distance vision (clear vision at 20 feet or more)

Color vision (ability to identify and distinguish colors)

Weight Lifted or Force Exerted

Ability to lift up to 10 pounds frequently and up to 25 pounds occasionally

Environmental

There are no unusual environmental factors (such as a typical office)

Noise Environment

Moderate noise (business office with computers and printers, light traffic)

***This Job is not eligible to be performed in Colorado or Connecticut, either remotely or in-person.***

Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.