Principal Associate - Quantitative Analysis, Retail Bank
- Employer
- Capital One
- Location
- McLean, Virginia
- Posted
- May 22, 2022
- Closes
- Jun 16, 2022
- Ref
- R144691
- Function
- Finance
- Industry
- Financial Services and Banking
- Hours
- Full Time
Center 2 (19050), United States of America, McLean, Virginia
Principal Associate - Quantitative Analysis, Retail Bank
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 the Retail and Direct Bank, you'll be part of a high performing modeling and analytics team that is on a mission to define the next generation of banking. The Bank team has a relentless focus on the craft of statistical modeling and innovation with a target towards continually improving decision making and delivering value to the business.
This role offers a unique opportunity to be part of a dynamic analytics and modeling team focused on developing behavior models for balance sheet portfolios. We are currently looking for candidates with strong modeling and analytical skills. This position will work with other quantitative analysts, data scientists, and the business analysts in developing and enhancing the deposit modeling framework to support multiple business purposes in Capital One.
Responsibilities and Skills:
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 would possess:
- Strong understanding of quantitative analysis methods in relation to financial institutions.
- Demonstrated track-record in machine 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.
- Strong written and verbal communication skills.
- Strong presentation skills.
- Ability to fully own the model development process: from conceptualization through data exploration, model selection, validation, deployment, business user training, and monitoring.
Basic Qualifications:
- Bachelor's Degree plus at least 5 years of experience in data analytics, or Master's Degree plus at least 3 years in data analytics, or PhD
- At least 1 years of experience in data analytics or financial modeling or econometric modeling (can include Graduate School Research work).
- At least 2 years of programming experience.
Preferred Qualifications:
- Master's Degree or PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related discipline.
- 1 year of experience with Python, R or other statistical analyst software
- 2 years of experience with data analysis
- 1 year of experience manipulating and analyzing large data sets.
- Proficiency in key econometric and statistical techniques (such as predictive modeling, logistic regression, survival analysis, panel data models, time series, design of experiments, decision trees, machine learning methods)
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Principal Associate - Quantitative Analysis, Retail Bank
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 the Retail and Direct Bank, you'll be part of a high performing modeling and analytics team that is on a mission to define the next generation of banking. The Bank team has a relentless focus on the craft of statistical modeling and innovation with a target towards continually improving decision making and delivering value to the business.
This role offers a unique opportunity to be part of a dynamic analytics and modeling team focused on developing behavior models for balance sheet portfolios. We are currently looking for candidates with strong modeling and analytical skills. This position will work with other quantitative analysts, data scientists, and the business analysts in developing and enhancing the deposit modeling framework to support multiple business purposes in Capital One.
Responsibilities and Skills:
- Develop and support econometric time-series models for the balance sheet
- Identify opportunities to apply quantitative methods to improve business performance
- Demonstrate track record in behavior model development and experience with the model estimation tools such as Python or R
- Ability to clearly communicate models and methods to management, model risk office, regulator and other modelers
- Develop and maintain high quality and transparent documentation
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 would possess:
- Strong understanding of quantitative analysis methods in relation to financial institutions.
- Demonstrated track-record in machine 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.
- Strong written and verbal communication skills.
- Strong presentation skills.
- Ability to fully own the model development process: from conceptualization through data exploration, model selection, validation, deployment, business user training, and monitoring.
Basic Qualifications:
- Bachelor's Degree plus at least 5 years of experience in data analytics, or Master's Degree plus at least 3 years in data analytics, or PhD
- At least 1 years of experience in data analytics or financial modeling or econometric modeling (can include Graduate School Research work).
- At least 2 years of programming experience.
Preferred Qualifications:
- Master's Degree or PhD in Statistics, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related discipline.
- 1 year of experience with Python, R or other statistical analyst software
- 2 years of experience with data analysis
- 1 year of experience manipulating and analyzing large data sets.
- Proficiency in key econometric and statistical techniques (such as predictive modeling, logistic regression, survival analysis, panel data models, time series, design of experiments, decision trees, machine learning methods)
Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.
No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).