Quantitative Analyst II

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Apply online, search for "Quantitative Analyst", select Job ID: 384721

As a part of Citizens Financial Group, you'll invest in your community just by going to work each day. That's because our more than 1,500 branches are deeply rooted in the communities they serve. Community-minded and people-focused, Citizens Financial Group careers achieve a rare balance between personalized service and the latest technology.

The Quantitative Analyst II provides technical and strategic support for the development, analysis, validation, implementation, and maintenance of Citizens Financial Group's ("CFG") Operational Risk models and quantitative operational risk management approaches for use throughout the Bank to provide information to Business Lines and Group functions to achieve effective risk management and capital planning objectives consistent with regulatory requirements.

The qualified candidate will be responsible for development, maintenance and back testing of Citizens Financial Group's ("CFG") Operational Risk quantification framework complaint to Basel II AMA, stress testing and capital adequacy regulatory requirements. They should also be able to devise and execute company-wide operational risk quantification methodology through mathematical modeling, produce modeling prototypes, produce reports with results and write clear, succinct documentation of the methodologies, conclusions, and recommendations. Quantitative Analyst will have to c with senior business managers on the use of models developed. They coordinate with other senior quant resources in developing and maintaining a corporate-wide measurement system for Operational Risk and ensure Business Lines have the appropriate advice and guidance to implement, maintain and use the Risk Management framework.

Work with other quantitative resources throughout the corporation to ensure consistent modeling techniques. Collaborate in devising advanced analytical methods for credit risk management. Promote the exchange of ideas and application of best practices in financial modeling. Participate and maintain peer bank contacts and exchanges. Participate in periodic networking to identify industry best practices. This position will require involvement at all levels under the legal entity Citizens Financial Group, Inc. (CFG) and regional matters impacting RBS Americas. This position will develop and provide information impacting risk management and capital planning activities at all organizational areas within the CFG legal entity and RBS Americas.

Qualifications

• Master's degree required. PhD or Masters in quantitative filed (economics, math, physics, financial engineering)
• 5 years of quantitative experience within financial service industry, risk management, operations, academic research, or comparable area
• 3-5 years of quantitative research in applied or natural sciences
• Strong knowledge of mathematical modeling, statistics and operations research
• Strong knowledge of operational risk management principles and practices, BASEL requirements
• Strong programming skills in Matlab
• Excellent problem solving and decision making ability
• Team player with excellent interpersonal and project management skills
• Ability to effectively communicate within all levels of the organization
• Ability to generate informative reports representing complex ideas in a simple form
• Self-motivation Ability to function independently and make appropriate decisions
• Ability to manage multiple projects and priorities and deliver solutions on time
• Must demonstrate leadership, teamwork, accountability, respect, and integrity in performing daily duties
• Excellent research and analytical skills; strong detail orientation; strong problem solving skills
• Ability to effectively communicate within all levels of the organization
• Strong regulatory knowledge of subject areas, understanding of business lines and risk management skills

https://uscareers.rbshr.com

Search for "Quantitative Analyst", select Job ID: 384721

Equal Employment Opportunity

It is the policy of RBS Citizens, N.A. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, genetic information, pregnancy, veteran or military status, marital or domestic partner status, or any other factor protected by federal, state, and/or local laws.