Sr Quantitative Analyst
United States-California-San Ramon
What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.
Sr Quantitative Analyst
Job Description Summary
Responsible for analysis and reporting efforts to support the Risk function within Consumer Banking Division. Consumer Banking Division covers a wide range of products and segments: Credit cards, Home Equity, Mortgages, Indirect loans (Auto, RV, Marine), Wealth Management, lending solutions for Small Medium Enterprises, etc.
The position involves conducting independent quantitative analysis and reporting to provides effective challenges on credit performance, emerging risks, and business conformity with Bank’s credit policy and standards operating within the boundaries of the credit risk appetite and bank’s credit policy and standards for Consumer, Residential and Small Business portfolios.
Essential Job Functions
1. Perform moderate to highly quantitative analysis and reporting on assigned projects.
2. Ad-hoc analytics support including tracking and managing portfolio risk performance in line with Bank's credit policy and stated Risk Appetite objectives.
3. Conduct development and production of key reporting providing credit quality trends, concentration levels, and policy exception information.
4. Identifying trends, summarizing findings, developing recommendations and presenting analyses to management.
5. Makes recommendations for process improvements addressing gaps and areas for additional/improved reporting and data.
6. Maintain documentation as required.
7. Performs other duties as assigned.
· Bachelor’s Degree in Math, Statistics, Finance or Economics - Required
· Master’s/Advanced Degree in Financial Engineering, Science, Math - Preferred
· Requires deep knowledge of job area typically obtained through advanced education combined with experience. Typically viewed as a specialist within discipline. May have broad knowledge of project management.
· Requires 7 years minimum prior relevant experience.
· Field of Experience – Job-specific knowledge requirements
o Strong analytics background with attention to details to deliver quality results.
o Ability to solve complex analytical and data integrity problems while prioritizing and managing multiple tasks.
o Technical skills to manipulate and analyze data in a variety of formats: proficient user of SAS, and data analytics tools (e.g. Tableau).
o Possess strong written and verbal communication skills.
o Must be able to work independently and proactively and take initiative in solving problems quickly.
o Knowledge of Microsoft Office (Excel, Word and PowerPoint).
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.