Truist

Quantitative Asset Specialist

Truist  •  United States (Remote)  •  1 day ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:


The Quantitative Asset Management team is responsible for enabling and supporting the Bank on the identification and proactive risk management of quantitative assets. This is a 1LoD enablement function, supporting the enterprise in compliance with 2LoD requirements. Quantitative Assets include models and End User Computing Tools (EUCs). This teammate will partner cross- functionally to execute effective, efficient, and proactive compliance with Truist’s risk management requirements, including identification of Quantitative Assets and the ongoing risk management of those assets.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Execute on regulatory risk, external events and quantitative asset (QA) governance requirements including QA identification, governance, controls execution and testing/monitoring in support of assigned business units.

2. Assist with the establishment and maturation of the firm’s quantitative asset risk programs (including quantitative asset management) to meet with regulatory expectations.

3. Serve as a subject matter expert for quantitative asset management programs, providing effective challenge as necessary to first line design, updates, & changes.

4. Identify efficiency and other enhancement opportunities within the model, QAM, and EUC framework, process, and application for the coverage area; designing and working with key stakeholders to implement.

5. Monitor adherence of business partners to QAM risk programs including developing KRI/KPI metrics; sharing best practices with 1LOD partners & leaders.

6. Design, establish, automate, and own analytical reporting to be used in monitoring and reporting on quantitative asset programs, as well as for regulatory, TAS and 1st line presentations.

7. Act as a liaison between the first line teammates and second line risk program owners/risk partners.

8. Establish working relationships with 1st and 2nd line risk partners

Qualifications

Required Qualifications:

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.

1. Bachelor’s degree in Finance, Economics, Business, Mathematics, Statistics or other business or risk management related areas.

2. One to three years (1-3) of relevant experience in the financial industry or equivalent governance field including experience in data science/analytics, model and /or EUC risk management, and/or governance, framework, and controls design and testing, etc.

3. Strong communication skills, both written and verbal. Ability to manage competing organizational priorities effectively.

4. Ability to think critically and strategically, multi-task, and drive change. Strong work ethic & problem-solving skills.

5. Strong quantitative, governance, and analytic abilities. Able to design, generate, execute, and effectively challenge analytical reporting using data science or BI applications such as Excel, Tableau, Python, or Snowflake.

6. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications:

1. Experience across large financial institutions and consulting firms a plus.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: 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 401k 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. For more details on Truist’s generous benefit plans, please visit our Benefits site 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.

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 other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work

Truist

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading U.S. commercial bank, Truist has leading market share in many of the high-growth markets across the country. Truist offers a wide range of products and services through our wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $535 billion as of March 31, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

Learn more at Truist.com and see social media terms and conditions at Truist.com/SocialTerms.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Charlotte, North Carolina
Year Founded
Unknown
Social Media