Quantitative Analyst II
AffirmSalary not specified
Full Time
Mid-level (3 to 4 years)
Principal Quantitative Analyst - CMA Predictive Analytics at Capital One
McLean, Virginia, United States
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Banking, Capital MarketsIndustries
Requirements
- Deep understanding of quantitative modeling in relation to finance, deposit behaviors, capital markets 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
- 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 in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field) or an MBA with a quantitative concentration plus 3 years of experience performing data analytics (with expectation that the required degree will be obtained on or before the scheduled start date)
Responsibilities
- Partner with the various lines of business to develop and enhance Capital Markets modeling and analytical framework, such as deposit predictions, derivatives models and fixed income models
- Work across Capital One entities to create novel analytical solutions to challenging business problems
- Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies
- Collaborate in a cross-disciplinary team to build cloud-based solutions grounded in data
- Identify opportunities to apply quantitative methods or machine learning to improve business performance
- Apply deep expertise in mathematics, statistical and machine learning methods to generate critical insights and decision frameworks for our business and customers
- Provide technical guidance to business leadership
- Communicate technical subject matter clearly and concisely to individuals from various backgrounds
- Understand and navigate Risk Management Software to enable business analysis
Skills
Statistical Modeling
Machine Learning
Predictive Analytics
Cloud Computing
Quantitative Analysis
Deposit Predictions
Derivatives Models
Fixed Income Models
Data Analytics
Automation
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.
Related Jobs
RemoteRemoteData Scientist
Ondo FinanceSalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteQuantitative Researcher
YipitDataSalary not specified
- Full Time
- Mid-level (3 to 4 years), Senior (5 to 8 years)
RemoteManager, Analytics
JobberSalary not specified
RemotePerformance Modeling Engineer
GroqSalary not specified
- Full Time
- Expert & Leadership (9+ years)
RemoteSenior Data Scientist
AmerenSalary not specified
- Full Time
- Senior (5 to 8 years)