Senior Associate - Quantitative Analyst, Rotational Program

NYC 299 Park Avenue (22957), United States of America, New York, New York

Senior Associate - Quantitative Analyst, Rotational Program

At Capital One data is at the center of everything we do.  As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database, cutting edge technology in 1988!  Fast-forward a few years, and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven decision-making.

 

As a Quantitative Analyst at Capital One, you’ll be part of a team that’s leading the next wave of disruption at a whole new scale, using the latest in cloud computing and machine learning technologies and operating across billions of customer records to unlock the big opportunities that help everyday people save money, time and agony in their financial lives.

Capital One’s Commercial Bank Team has a $100B+ loan portfolio that has grown organically and via acquisitions, covering C&I, CRE, and Structured Products.  On this team, you’ll get an opportunity to solve a diverse set of problems, with a diverse set of tools. In some settings, you’ll leverage open source programming or cloud computing to predict outcomes across multi-million record datasets. In other settings, you’ll get the opportunity to use completely different skill sets, blending business thinking with quantitative tools when forecasting rare or unprecedented events. It’s a growing team, full of exciting opportunities to solve a range of complex problems.

Further, as a Senior Analyst associate, you’ll be participating in our Commercial Quantitative Analyst Rotational Program which will provide a diversity of experiences by rotating through two different teams over the course of three years. 

Responsibilities and Skills:

• Partner with the various lines of business to enhance modeling and analytical frameworks

• Work across Capital One entities to create novel analytical solutions to the challenging business problems

• Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies

• Collaborate in a cross-disciplinary team to build cloud-based solutions grounded in data and defensible assumptions

• Work effectively with challenge functions to ensure prompt and comprehensive support

• Maintain the existing suite of models and tools for accuracy, compliance, and user support

Expertise in quantitative analysis is central to our success in all markets. Our modelers thrive in a culture of mutual respect, excellence and innovation.

Successful candidates will possess:

• Strong understanding of quantitative analysis methods in relation to financial institutions

• Demonstrated track-record in statistical-learning and econometric analysis

• Experience utilizing model estimation tools

• Ability to clearly communicate modeling results to a wide range of audiences

• Drive to develop and maintain high quality and transparent model documentation

• Excellent coding skills in R and Python and drive to create efficient, accurate, and maintainable code with best practices

• Strong written and verbal communication skills

• Strong presentation skills

• Appreciation for processes, controls, and good governance
   

Basic Qualifications:

• Currently has, or is in the process of obtaining a Bachelor’s Degree plus at least 5 years of experience in data analytics, or currently has, or is in the process of obtaining a Master’s Degree plus at least 1 year of experience in data analytics, financial modeling or econometric modeling (can include Graduate School Research work) with an expectation that required degree will be obtained on or before the scheduled start date

• At least 1 year of programming experience

Preferred Qualifications:

• Master’s Degree or PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related discipline

• 2+ years of experience with data analysis

• 1+ years of experience with Python, R or other statistical analyst software

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this