Senior Quantitative Model Development Officer - Head of Quantitative Asset Management

We are seeking a senior transformative leader to spearhead Truist's Quantitative Asset Management function within the Quantitative Office. The Head of Quantitative Asset Management will lead the development of a first line of defense program to federate the effective identification, classification, and ongoing use and maintenance of the bank's models and EUCs. This function will work with each of the business lines of Truist and will be engaging with executive and senior management.

About the Quantitative Office

The Quantitative Office (QO) at Truist is a highly integrated, enterprise-wide Quantitative Risk & Modeling Center of Excellence (COE), designed to unify all quantitative modeling disciplines supporting the risk and finance organizations under a single strategic framework.

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 / lead a team of highly skilled quantitative model developers to develop risk models using advance modeling approaches
• Establish, maintain and administer model development infrastructure, process and procedures
• Assist various parties (e.g., lines of business leads) with identifying / assessing viable model development opportunities
• Assist with model compliance activities as it relates to Model Risk Management / SR 11-7 policy / standards
• Assist client (model owner) with integrating model into the business process and model deployment activities, including production scoring support and sustainability, as appropriate
• Provide on-going model support specific to evaluation / surveillance and interpretation of model performance
• Provide consultation and represent client (model owner) during 3rd party assurance provider (e.g., Model Risk Management, Corp Audit, regulatory bodies) reviews and Q&A activities

QUALIFICATIONS

Required Qualifications :

Preferred Qualifications :

The annual base salary for this position is $200,000 to $250,000. Additional incentive pay is available for this 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.

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.

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