Quant Analytics Associate - Interest Rate Risk Oversight

ABOUT THE JOB (JOB BRIEF)

This position will report to the Interest Rate Risk Oversight Manager and will be responsible for conducting analysis, creating reporting, and monitoring interest rate risk to support the oversight of interest rate risk management. The Quantitative Analytics Associate leverages advanced mathematical knowledge and analysis to provide solutions to predictive and prescriptive questions such as “What will happen next?” and “What will we do?”. Projects undertaken by the Quantitative Analytics Associate are often broad in scope across multiple business segments and involve evaluation and testing on existing data with substantial team support. Success factors include: timely and effective completion of tasks assigned by manager under significant supervision; developing communication skills, business acumen, and critical thinking; and establishing relationships with the working team.

ESSENTIAL JOB FUNCTIONS

• Conduct analysis on data sets with manager and team support
• Employ basic best practices for evaluating large data
• Answer key business questions through exploration and discovery
• Find patterns or anomalies by building out visualizations
• Perform analysis of interest rate risk to identify areas of risk exposure. Effectively communicate results and insights to senior management
• Monitor monthly risk exposure and analyze drivers of change in exposure. Provide accurate and insightful reporting of risk exposures
• Utilize the Quantitative Risk Management (QRM) software for IRR analysis including evaluation of assumptions and various rate scenarios impact on IRR
• Monitor market and interest rate developments and apply learnings to evaluate emerging risks and impacts on IRR
• Provide guidance and act as a liaison between Corporate Treasury Oversight and selected partners including, but not limited to, corporate treasury, internal audit, finance, and other risk management partners

REQUIRED QUALIFICATIONS

• Organized self-starter with the ability to think and work independently and creatively
• Strong analytical, problem solving, and decision-making skills
• Excellent interpersonal skills with the ability to establish solid working relationships with multiple teams and individuals with varying levels of expertise
• Strong verbal and written communication skills
• Proficient in project management/proven ability to lead cross functional team projects
• Proven team player, willing to assist others as needed to ensure that group deadlines are met and quality standards achieved
• Ability to manage time and multiple tasks effectively
• Detail oriented with the ability to thoroughly analyze and resolve issues with limited direction

Preferred Skills:

• Proficient in Microsoft Office Suite (Excel and PowerPoint)

EXPECTED COMPETENCIES

Leadership: Works under general direction / supervision; may work independently, but often needs ongoing guidance and support

Partnering / Influencing: Limited business partner interaction – work typically assigned by manager; Developing relationship building ability and interpersonal skills; Engage and interact mostly with immediate team and peers; Developing influencing skills

Business Acumen: Developing basic understanding of business partner strategy; Building financial acumen

Critical Thinking / Problem Solving: Developing critical thinking skills; Can analyze simple issues with low complexity; Can give perspective to the team addressing basic business/analytical problems and challenges; Recognizes need to escalate issues in a timely manner

Communication: Basic writing skills; beginning to develop ability to organize information in clear, consistent format; Typically needs assistance with articulating a clear, well-thought out message and formal delivery; Minimal skills in creating PowerPoint presentations; limited formal delivery