Head of Quantitative Financial Crimes

Job Summary The Senior Quantitative Model Development Officer II manages model development activities specific to a Line of Business, Function or Risk discipline. Core responsibilities include planning, data appropriateness, model estimation, model evaluation/interpretation and ensuring models are fit for intended use. Assistance responsibilities vary from model to model and include business process integration, model deployment, and ongoing model evaluation. ESSENTIAL DUTIES AND RESPONSIBILITIES Manage model development/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 highly skilled 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/SR 26-2 policy/standards. Assist model owners with integrating models into the business process and model deployment activities, including production scoring support and sustainability as appropriate. Provide ongoing model support specific to evaluation, surveillance and interpretation of model performance. Provide consultation and represent model owners during third‑party assurance provider reviews and Q&A activities. QUALIFICATIONS Bachelor’s degree in Statistics, Econometrics, Applied Mathematics, Operations Research, or other applied quantitative science, or equivalent education and 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 training. 3–5+ years of relevant experience supervising or acting as a team lead over teammates with quantitative educational and/or work backgrounds. Benefits All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax‑preferred savings accounts, and a 401(k) plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full‑time or part‑time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non‑temporary position for which you apply, based on full‑time or part‑time status, position, and division of work. Equal Opportunity Employer 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. E‑Verify. IER. Right to Work. #J-18808-Ljbffr