Quantitative Analyst II

IN0534 Fishers, OH0523 Independence Bus Office, OH0713 NW Bancshares HQ, PA0258 BellevueJob DescriptionThe Quantitative Analyst II is responsible for supporting developing and maintaining complex financial models used throughout the loan and deposit product lifecycle. These models could be rules-based or developed with more advanced statistical, mathematical, econometric, machine learning, or artificial intelligence techniques. This position is also responsible for developing quantitative tools used in the areas of pricing, profitability, and product strategy.Essential FunctionsDevelop, Implement, Maintain, and Execute complex financial models used for loss forecasting, scenario and stress testing, originations & collections, pricing, and portfolio optimization for retail, consumer, and commercial assetsSupport the design of the sameUse Python or R for data consumption, aggregation, analysis, and model developmentUtilize Power BI to develop portfolio analytics and communicate with the line-of-business and operations partnersUtilize Microsoft Office products for analysis, documentation, and presentationCommunicate with line-of-business and operations partners to identify needs and develop requirementsWork with Model Owners to engage with and satisfy independent reviewers, auditors, validators, and regulatorsParticipate in the research, design, and implementation of new financial products and portfolio strategiesEvaluate model output, summarize, and articulate results to stakeholders and senior managementDevelop data environment to support needs of all quantitative activitiesReview academic and industry research, present summaries to partners and senior leadership, and suggest practical applicationsAdditional Essential FunctionsEnsure compliance with Northwest’s policies and procedures, and Federal/State regulationsNavigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiencyWork as part of a teamWork with on-site equipmentAdditional ResponsibilitiesKeep abreast of current best industry practices, research, and professional growth opportunities.Manage personal and departmental workload/workflowPrepare analysis and reports for partners and senior leadershipMinimize departmental non payroll costsRecommend improvements to processes and proceduresRecommend customer service enhancementsMaximize technology tools availableComplete other projects as assignedSafety and Health for those without supervisory dutiesAbide by the rules of the safety and loss prevention programPerform work tasks in a safe mannerReport any and all injuries to supervisorKnow what to do in case of an emergencyQUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EducationBachelor's DegreeUndergraduate degree in a field related to physics, mathematics, statistics, economics, or other quantitative disciplineMaster's DegreePh. D. DiplomaWork Experience2 - 3 years Work experience in a Financial Institution or Consulting OrganizationExperience programming in Python or RExperience programming in SQL, SAS, Java, C+, C++, or JuliaGeneral Employee Knowledge, Skills, and AbilitiesAbility to establish effective working relationships among team members and participate in solving problems and making decisionsAbility to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or writtenAbility to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and informationAbility to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and informationAbility to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areasLicenses and CertificationsCFACharterholder Certification from the CFA Institute or pursuit thereofFinancial Risk ManagerFinancial Risk Manager (FRM) Certification from GARP or pursuit thereofNorthwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. #J-18808-Ljbffr