[Hiring] Quantitative Manager @Fifth Third Bank

Role Description

The Quantitative Manager will lead and support the model governance analytical framework development, model implementation, monitoring, and documentation of quantitative models used in commercial/wholesale credit risk rating, including PD, LGD, and EAD models. This role requires a high level of technical expertise in data analysis, statistical modeling, and business analytics, along with a strong understanding of banking products, commercial portfolio, and related economics.

• Provide quantitative analytical support for commercial credit risk and modeling.
• Manage the full lifecycle process of development, implementation, and monitoring of quantitative models for commercial credit risk rating and portfolio management.
• Focus on measurement metrics and monitoring methodology framework development.
• Provide analytical consulting support to LOB teams and other cross-functional business partners for ad-hoc business analytics requests.
• Formulate analytical procedures to deliver actionable insights and analytical solutions.
• Develop and continuously support and enhance data reconciliation infrastructures and data construction foundational processes.
• Ensure data quality and achieve process efficiency for model development, monitoring, and business decisions.
• Prepare standard model and monitoring documentation that aligns with regulatory expectations and internal governance standards.

Qualifications

• Advanced degree in quantitative analytics, statistics, economics, engineering, or a related field.
• 8-10 years of experience in statistical/econometric modeling, data analytics, and analytical reporting.
• Proficiency in programming languages and tools such as Python, SAS, SQL, VBA.
• Experience dealing with complex data systems extracting and constructing datasets, alongside cloud-based tools, such as snowflake system.
• Good understanding of credit risk modeling frameworks, scorecard development, and portfolio management concepts.
• Strong verbal and written communication skills and ability to effectively present technical materials clearly with both technical and non-technical audiences.
• Strong analytical agility and problem-solving skills.
• Ability to work collaboratively in cross-functional teams and manage multiple priorities.
• Familiarity with commercial lending products and regulatory requirements is a plus.

Requirements

• Manage risk by adhering to policies and procedures.
• Elevate concerns and ensure actions align with the Bank's risk appetite.
• Commitment to a positive customer and stakeholder experience.

Benefits

• Comprehensive benefits and differentiated compensation offerings.
• Base salary reflective of the range of salary levels for all roles within this pay grade across the U.S.
• Eligible to participate in an incentive compensation plan based on company, line of business, and/or individual performance.
• Extensive benefits programs designed to support the individual needs of employees and their families.