• Quantitative Risk Analyst

    Job Location US-TX-Richardson Operations Center
    ID
    2018-3670
    Location: Address
    2350 Lakeside Blvd
    Category
    Compliance & Regulatory
  • Overview

    At Texas Capital Bank, we are driven by a single-minded and unwavering mission: to serve business and the individuals who run them. We use a consultative approach and innovative technologies to develop new ideas that give the bank and our clients a competitive advantage. We partner with our customers to push the boundaries of what’s possible—together.

    Headquartered in Dallas, Texas Capital Bank has offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, and we serve clients in a variety of industries from coast-to-coast.

    We are on the Forbes Best Banks in America list, and were named a top place to work by The Dallas Morning News and San Antonio Express-News. For further information, please visit us at www.texascapitalbank.com.

     

    This individual will assist in the development, implementation, and analysis of all model documentation and reports, validations of existing models, review of new and changed models, and overall model life-cycle monitoring. The position is within the Bank’s Model Risk Management team and part of the Second Line of Defense per regulatory guidance. 

    Responsibilities

    • Review and assess risks associated with development, testing, use and implementation of models bank-wide
    • Support model validations through written reports and presentation of findings 
    • Follow up with model owners to monitor and resolve findings
    • Perform reviews to monitor and evaluate changes to models and present recommended actions
    • Determine adherence to bank policy and established standards throughout the modeling process
    • Support the Bank’s End User Computing program
    • Coordinate with team members and management on risk program activities and status 
    • Execute multiple risk program activities simultaneously against established timeframes
    • Engage in interaction with model owners, model developers and regulatory personnel
    • Assist with education and training on risk program and requirements
    • Prepare appropriate documentation to support risk assessments and testing

    Qualifications

    • Bachelor’s degree in Statistics/Applied Mathematics, Econometrics, Finance, Economics or other quantitative discipline
    • Minimum 2 years of working experience in financial institutions
    • Exceptional verbal and written communication, collaboration, and time management skills
    • Experience with statistical tools – SAS, R, and/or SQL skill 
    • Strong Microsoft application knowledge (Excel, Word, Access, PowerPoint and Outlook) and aptitude for grasping and using various bank software applications
    • Strong analytical and problem solving skills 
    • Excellent interpersonal skills and a team player
    • Work independently and coordinate with the work of others
    • Well organized and detail oriented to handle diverse and concurrent assignments
    • Must be able to work at a computer for extended periods of time

     

    Additional qualifications (at least one is required):

     

    • Experience validating and report writing on DFAST/CCAR, ALLL, IRR and/or BSA/AML models is a plus
    • Understanding of financial theory and models in one or more of the following areas: credit risk, market risk, operational risk, asset & liability management, and economic capital calculation
    • Experienced in Bank Regulatory (OCC, Federal Reserve, FDIC), Public Accounting/Consulting, and/or Internal Audit experience in the Banking/Financial Services industry 
    • Familiar with applicable regulatory guidance (e.g. OCC 2011-12, Dodd-Frank, et al)
    • Knowledgeable in risk management processes, change management, oversight and governance, consulting, banking or similar in the financial services industry

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