Jobs and Careers
FI

Senior Quantitative Manager

Fifth Third Bank
Cincinnati, United Statesfull_timeVerifiedPosted 2 Oct 2024

About the role

Make banking a Fifth Third better®

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

Responsibilities are limited in scope within the defined infrastructure area. Incumbent has strategic leadership skills to enable him to ensure appropriate staffing and organizational structures are in place for their area. This individual will also partner with the revenue areas to improve efficiency, effectiveness, productivity and / or control. May form part of the management team for product or business area. 

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • This Quant Manager will oversee strategy and provide leadership throughout the Risk or Finance divisions. This will include the implementation, modeling, and validation of quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital. 
  • Provide ongoing management to the development and implementation of quantitative and statistical models.
  • Manage and lead in developing, maintaining, and back testing models to support respective LOBs.
  • This position will ensure decisions and strategies around the Bancorp's use of credit underwriting tools, forecasting and stress testing methodologies, risk rating models, and economic capital are supported with strong analytics and business rationale.

SUPERVISORY RESPONSIBILITIES:

Manages and directs individuals within the infrastructure area, usually through relevant direct reports.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Advanced degree in quantitative analytics, economics, statistics, engineering, or a related area.
  • Minimum 12 years experience in statistical/econometric modeling and database management.
  • Database experience, SAS (including statistical modeling), SQL, VBA, and Business Objects.
  • Strong verbal and written communication skills.
  • Strong analytical skills.
  • Ability to present a professional image.
  • Ability to work in a team environment.
  • Ability to multi-task and to be flexible.
  • Experience with Microsoft office products, such as Word, Excel, PowerPoint and Outlook is necessary. Experience with SAS, R and VBA is preferred.
  • Prior management experience and evidence of leadership is a plus.
  • Must have an understanding of both Basel II and economic capital frameworks.
  • Experience in a cross- functional environment working with portfolio management concepts and constructing and explaining risk models are essential.
  • Able to express methodological and modeling concepts to senior management. Ability to understand complex issues and develop meaningful analyses and recommendations to various levels of management including top executive management.

#LI-BP1

Senior Quantitative Manager

LOCATION -- Cincinnati, Ohio 45202

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

Fifth Third Bank

View company profile →