Regions Bank Risk Quantitative Analyst - Risk Credit Analytics in Birmingham, Alabama

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, our Risk Quantitative Analyst is responsible for a range of quantitative initiatives that include stress testing and loss forecasting, economic capital, risk ratings, portfolio valuation, optimization, origination strategies, and other portfolio management analytics. Associates at this level has knowledge and experience in discipline, but are still acquiring knowledge and skill and building that knowledge of the organization and processes. Associates at this level will solve a range of straightforward problems and analyzes possible solutions using standard procedures.

Primary Responsibilities

  • Assists with designing, enhancing, and implementing a variety of mathematical, financial, statistical, econometric, machine learning, and artificially intelligent models

  • Assists with designing appropriate tests to determine whether models work as designed and monitors existing models for adequate performance

  • Documents models, defends methodological choices, and remediates identified technical issues for the purposes of independent model validation

  • Works collaboratively with other quantitative analysts with a diverse technical background to share knowledge and implement the most appropriate analytical solution

  • Collaborates with portfolio managers to identify risks in the portfolio

  • Collaborates with credit portfolio managers, Risk Management, Finance, Treasury and lines of businesses to identify risks and opportunities in the portfolio, making recommendations on new origination and risk mitigation strategiesThis position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay. Requirements

  • Bachelor's degree in a highly quantitative field that requires specific skills in advanced mathematics. Several examples of educational fields that typically require these skills are Statistics, Economics, Mathematics, Physics, Computer Science, Operations Research, Electrical Engineering.

  • One (1) year experience in econometrics, mathematical finance, statistical methods or related field Preferences

  • Master’s degree in highly quantitative field that requires specific skills in advanced mathematics. Several examples of educational fields that typically require these skills are Statistics, Economics, Mathematics, Physics, Computer Science, Operations Research, Electrical Engineering. Skills and Competencies

  • Understanding of advanced analytics software such as SAS

  • Experience in modeling of consumer assets

  • Proficient skills in SQL, VBA Script, Excel, Python, JAVA and C#

  • Data management skills

  • Writing, communication and presentation skills

  • Attention to detail

Location:

Birmingham, Alabama

EEO/AA/Minorities/Females/Disabled/Veterans

About Regions

At Regions, our culture focuses on five core values that are a commitment to how we will do business:

  • Put people first

  • Do what is right

  • Focus on your customer

  • Reach higher

  • Enjoy life

Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.

EEO/AA/Minorities/Females/Disabled/Veterans