Quant & Model Development (Finance)

Location: New York, NY; in-office position

Base salary: $109,200–$202,800 per year, plus incentive eligibility.

Company

A banking organization focused on customer solutions, quantitative decision-making, and enterprise risk management.

What you will do

• Perform complex quantitative analyses and develop models supporting business decision-making.
• Develop new model frameworks and work with large datasets to create models.
• Refine, monitor, and validate existing models in collaboration with model owners and developers.
• Assess model design, implementation, data quality, integrity, and associated risks.
• Evaluate model strengths and limitations and communicate conclusions to stakeholders.
• Prepare detailed model validation and regulatory compliance documentation.

Requirements

• Bachelor’s degree or an equivalent combination of education, certifications, and experience.
• 5+ years of industry-relevant experience.
• Knowledge of bank quantitative analysis, quantitative techniques, predictive analytics, and testing.
• Experience with data analytics, financial analysis, quantitative models, and model development.
• Understanding of credit risk, operational risk, risk appetite, and the financial-services regulatory environment.
• Must work in the New York office; employment visa sponsorship and STEM OPT participation are not available.

Culture & Benefits

• Inclusive workplace with an emphasis on respect, collaboration, and employee contribution.
• Medical, prescription, dental, vision, life, and disability coverage options.
• 401(k) matching, pension, stock purchase plans, and dependent care support.
• Educational assistance, wellness programs, and family-related reimbursements.
• Paid holidays, occasional absence days, and 15–25 vacation days depending on career level.