Quantitative Analyst II
AffirmSalary not specified
Full Time
Mid-level (3 to 4 years)
Principal Associate, Quantitative Analysis - Investment Portfolio Team at Capital One
McLean, Virginia, United States
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, Banking, InvestmentIndustries
Requirements
- Deep understanding of quantitative modeling in relation to finance and investment portfolio modeling principles
- Extensive experience in Python or other object-oriented language
- 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
- Knowledge of derivative instruments and experience with derivatives modeling
- Behavior modeling (prepayment or default) experience for complex fixed income products or loans (mortgage/auto/card)
- Currently has, or is in the process of obtaining: A Bachelor’s Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) plus 5 years of experience performing data analytics, or a Master’s Degree (text cuts off)
Responsibilities
- Advanced Model Development: Partner with various lines of business to develop, enhance, and deploy advanced finance models, such as fixed income models (e.g., mortgage prepayment)
- AI/ML Innovation: Design and implement novel analytical solutions, applying neural networks, deep learning, and transformer architectures to solve challenging business problems across Capital One entities
- LLM and Agentic Workflows: Identify and execute opportunities to apply Large Language Models (LLMs) and agentic workflows to improve business performance and process efficiencies
- End-to-End ML Ownership: Take full ownership of the end-to-end ML model development and deployment process, from conceptualization and data engineering through model development, validation, and production deployment
- Cloud-Based Solutions: Collaborate with a cross-disciplinary team to build and scale cloud-based solutions using modern platforms like Kubernetes and Kubeflow
- Quantitative Strategy: Identify opportunities for quantitative methods and automation solutions to enhance business performance and optimize complex financial processes
- Communication & Collaboration: Clearly and concisely communicate complex technical subject matter and critical insights to a diverse audience, including executive stakeholders
Skills
Quantitative Analysis
Fixed Income Models
Mortgage Prepayment
Deep Learning
Neural Networks
Transformer Architectures
Machine Learning
LLMs
Agentic Workflows
Cloud Computing
Model Deployment
Capital One
Offers diverse financial products and services
About Capital One
Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.
McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program
Risks
Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.
Differentiation
Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.
Upsides
Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.
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