Capital One

Principal Associate, Quantitative Analyst - Quantitative Finance

McLean, Virginia, United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BiotechnologyIndustries

Requirements

Candidates must possess a Bachelor's degree in a quantitative field such as Statistics, Economics, Operations Research, Analytics, Mathematics, or Computer Science, along with 5 years of data analytics experience, or a Master's degree in a quantitative field or an MBA with a quantitative concentration and 3 years of data analytics experience, or a PHD in a quantitative field. A strong understanding of quantitative analysis methods in relation to financial institutions, a demonstrated track-record in machine learning and econometric analysis, experience utilizing model estimation tools, and proficiency in key econometric and statistical techniques are also required. Strong written and verbal communication, presentation skills, and the ability to fully own the model development process are essential.

Responsibilities

The Principal Associate, Quantitative Analyst will partner with lines of business to enhance the modeling and analytical framework, creating novel analytical solutions for challenging business problems. They will identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies, collaborating in cross-disciplinary teams to build cloud-based solutions grounded in data. The role involves applying deep expertise in econometric, statistical, and machine learning methods to generate critical insights and decision frameworks, providing technical guidance to business leadership, and communicating technical subject matter clearly to diverse audiences.

Skills

Quantitative Analysis
Statistical Modeling
Machine Learning
Econometrics
Cloud Computing
Data Analysis
Automation
Financial Modeling

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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