ALM Modeling Lead
Estimated Pay | $22 per hour |
---|---|
Hours | Full-time, Part-time |
Location | Cincinnati, Ohio |
Compare Pay
Estimated Pay We estimate that this job pays $21.88 per hour based on our data.
$15.03
$21.88
$30.08
About this job
ALM Modeling Lead
General Summary:
Leads
advanced level financial and quantitative analyses, modeling, and research to
support risk measurements, risk monitoring, risk assessments, and risk reporting
on several topics related to financial and market risk management.
Principal Duties and
Responsibilities:
- Lead, initiate, design, develop, implement, and maintain advanced financial and market risk analysis related to modeling, monitoring, reporting, and communication of financial and market risk management at the Bank.
- Leads, directs, and collaborates in the design, development, maintenance, and use of several market risk modeling activities such as derivatives models, interest rate risk models, prepayment models, mortgage risk models, and other fixed income modeling.
- Lead model performance monitoring to support the model risk management activities including but not limited to comprehensively assessing the conceptual soundness, evaluating model assumptions and data integrity, testing model accuracy, performing outcomes analysis, and reviewing model governance and control process.
- Leads the research, creation, implementation, interpretation, application, implementation, and presentation phase on several regular and ad-hoc financial and market risk analyses.
- Support relationship with several stakeholders across the Bank including but not limited to Senior Management, Regulators, Model Risk Management, Treasury, and Accounting.
Minimum Knowledge, Skills And Abilities Required:
- Master's Degree in finance, mathematical finance, quantitative finance, economics, financial engineering, or a similar field of study is required. Industry certifications such as CFA, FRM, CQF is a plus.
- Five years of related experience performing economic, financial, and quantitative/mathematical analysis or risk analysis or equivalent course work in the above mentioned areas.
- Strong working knowledge of financial analysis, financial theory, financial mathematics, fixed income financial modeling, and generally accepted accounting principles related to derivatives, mortgages and other fixed income securities.
- Advanced working knowledge of principals related to financial markets, market risk management, liquidity risk management, credit risk management, and balance sheet management.
- Advanced Excel skills required and Advanced working knowledge of one or more of the following quantitative programming, data analysis, database skills, numerical and statistical tools such as: VBA, R, Python strongly preferred.
- High degree of initiative and independence.
- Excellent verbal and written interpersonal communication skills in conveying concepts to both technical and non-technical audiences.
- Demonstrated commitment to diversity and inclusion. Promotes an environment of empathy and respect, ensures the inclusion of all team members, and actively engages in D&I events and learning opportunities.
Working Conditions:
Requires
daily use of personal computer and modeling software. Flexibility to work outside normal working
hours and meet multiple and changing deadlines in a fast-paced
environment. Ability to pay close attention
to detail since errors could result in significant monetary loss to the
organization.
Apply Now
Share
Save Job
You might also like
in Cincinnati, OH
$29
Jack In The Box • 2d ago
$29
$14
Delaware North • 1h ago
Fidelity Investments • 2d ago
$18
Fidelity Investments • 4d ago
Companies hiring financial advisors
in Cincinnati, OH
Nearby locations
Explore more financial advisor jobs
in Cincinnati, OH
Nearby Job Titles
Taxi Driver Jobs Truck Driver Jobs Registered Nurse Jobs Delivery Driver Jobs Food Service Supervisor JobsNearby Locations
Cincinnati, OH Jobs Florence, KY Jobs West Chester, OH Jobs Hamilton, OH Jobs Ohio JobsNearby Companies
Uber Jobs Lyft Jobs VineBrook Homes, LLC Jobs Careers In Trucks LLC Jobs Cincinnati Insurance Company, Inc. JobsNearby Categories
Full-time Jobs Part-time Jobs Gig Jobs Posting ID: 904357011 Posted: 2024-05-02 Job Title: Model Lead