Quantitative Risk Analyst

hace 2 semanas


San Juan, San Juan, Puerto Rico First BanCorp A tiempo completo
Quantitative Risk Analyst

At FirstBank PR, we are committed to delivering exceptional customer service and ensuring the integrity of our risk management processes. As a Quantitative Risk Analyst, you will play a critical role in validating and monitoring our models to ensure they meet regulatory requirements and maintain the highest level of accuracy.

Key Responsibilities:
  • Validate modeling methodologies and risk management activities to ensure compliance with regulatory requirements.
  • Conduct statistical processes to evaluate model conceptual soundness, assumptions, data quality, and completeness.
  • Build and program challenger statistical models to test model owners' monitoring frameworks.
  • Interact with model owners, users, developers, and model reviewers to ensure effective communication and collaboration.
  • Perform statistical-based model validations, produce model validation reports, and analyze ongoing monitoring for all models.
  • Manage workflows to ensure deliverables are prepared according to timelines.
  • Prepare and deliver validation and engagement status updates to internal and external stakeholders.
  • Stay current with best practices recommended by bank regulators and interact with regulatory bodies as needed.
Requirements:
  • Bachelor's degree in Math, Economics, Finance, Statistics, Engineering, or other quantitative disciplines.
  • 2+ years of experience in risk management, statistical analysis, modeling, or other quantitative disciplines.
  • Proficient in at least one programming language such as R, Python, SQL, or equivalent, with the ability to work with large datasets.
  • Microsoft Office knowledge in Word, Excel, and PowerPoint.

FirstBank Puerto Rico is an Equal Employment Opportunity Employer and takes affirmative action to employ Women, Protected Veterans, People with Disabilities, and Minorities, regardless of gender identity, sexual orientation, or any other legally protected status.


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