Senior Financial Quantitative Analyst

Job Summary

The Senior Financial Quantitative Analyst leads the development of advanced quantitative models that support strategic decision-making across our banking operations. This role will be instrumental in capital planning, risk modeling, asset-liability management, and regulatory forecasting/reporting. The analyst combines their deep banking or credit union knowledge with strong quantitative skills.

Responsibilities

• Design, build, and maintain sophisticated quantitative models for:
  • Credit risk and loan loss modeling (e.g., CECL, PD/LGD/EAD)
  • Feeder models that support Asset-Liability Management (ALM) and interest rate risk such as:
    • Asset Prepayment Models
    • Non-Maturity Deposit Beta/Decay Models
  • Capital stress testing and scenario analysis
• Partner with Treasury, Finance, FP&A, Credit Risk, and Accounting teams to develop and maintain quantitative models that support strategic decision-making, forecasting, stress testing, and risk management.
• Support liquidity, capital, and balance sheet management through quantitative analysis, forecasting, and scenario modeling.
• Develop model monitoring, back-testing, sensitivity testing, and performance measurement processes to ensure model accuracy and reliability.
• Extract, validate, and analyze large datasets using SQL and at least one analytical programming language (e.g., R or Python) and other analytical tools to support model development and business insights.
• Provide quantitative analysis and analytical support for strategic initiatives across Treasury, Finance, Accounting, Lending, and other business units as needed.
• Apply statistical and quantitative techniques to model development and validation.
• Lead quantitative analysis to support pricing strategies, portfolio optimization, and risk-adjusted return metrics.
• Collaborate with Accounting & Treasury, 2nd and 3rd line Risk, FP&A, and Regulatory Reporting teams to align modeling assumptions and outputs.
• Ensure model governance, documentation, and compliance with regulatory expectations.
• Provides policy recommendations and best practices for model governance and critical measures.
• Present findings and model outputs to senior & executive leadership, board committees, and regulators.
• Potentially lead and mentor junior quantitative analysts as the team grows.

Qualifications

• Bachelor's degree in Finance, Mathematics, Statistics, or a related field. Master's degree preferred.
• 6+ years of experience in quantitative analysis within banking or financial services.
• Strong understanding of bank or credit union financials, regulatory capital (Basel III/IV), and liquidity frameworks (LCR, NSFR).
• Strong SQL skills required, with experience in at least one analytical programming language (e.g., R or Python) to support data analysis, quantitative modeling, and decision-making.
• Proficiency in Excel, VBA, and financial modeling tools.
• Experience with ALM systems management (preferred: BancWare, Empyrean, ZMFS).
• Experience with statistical modeling and scenario analysis.
• Familiarity with regulatory stress testing frameworks (CECL modeling preferred but not required).
• Ability to translate complex quantitative insights into strategic recommendations.
• Brings strategic business context to decisions made across groups.

Skills & Preferred Experience

• Experience working in the Workday Financial Management environment preferred.
• Knowledge of data visualization tools such as Power BI and Tableau.
• Prior involvement in securitizations, whole loan or participation sales, or structured finance preferred.
• Experience working in either a Symitar or Correlation: Keystone environment preferred.
• Experience developing hedging strategies using derivatives such as interest rate swaps, caps, floors, and futures preferred.
• Functional thought leader, sought after for key decisions.
• Leverages knowledge of trends in profession and/or specialized areas to influence strategy.
• Leadership and talent management skills.
• Strategic thinking.
• Problem solving skills.
• Verbal/written communication skills.
• Leadership and Organization Development.
• Creates a sense of urgency and accountability in delivering objectives and a culture which fosters innovation and creativity.
• Coaches individuals to reach full potential.
• Significantly participates in recruiting efforts. Continually raises the bar.
• May be responsible for communicating team or department vision and goals.
• Oversees planning process and delegation across teams and/or departments.
• Go-to person in at least one major functional or technical area.
• Has authority over decisions for particular projects within a group.

Scope and Strategic Impact

• Applies specialized knowledge to implement programs and initiatives and contributes to solving problems of high complexity.
• Will serve as a technical lead for our most complex, cross functional projects.
• Analyzes data to summarize findings and draws conclusions about programs to project teams.
• Contributes to projects that impact the organization and is accountable for impact analysis of programs and initiatives.
• Assists with priority projects and provides for a review and recommendation on current processes and technologies that facilitate operational efficiencies.
• Develops relationships with key business and functional leaders.
• Applies advanced subject matter knowledge to complex business issues, and is regarded as a subject matter expert.
• Able to handle most unique situations.
• Develops expertise and may help set functional procedures and direction.
• Initiates projects for a team or approves proposed projects from teams.
• Identifies and institutionalizes best practices.
• Develops solutions to some of the company's most challenging issues, requiring significant ingenuity.
• May develop long-term strategies and influence leadership decisions.
• Keeps abreast of industry trends and applies knowledge to MACU's business.
• Functional thought leader, sought after for key decisions.

Analytical Thinking & Problem Solving

• Works on complex problems / projects where analysis of situations or data requires an in-depth evaluation of multiple factors.
• Exercises significant independent judgment within broadly defined procedures and practices to determine best method for accomplishing work and achieving objectives.
• Makes decisions on complex business issues.