BECU · 12 hours ago
ERM Quantitative Analyst
Tukwila, WA
Full-time
Hybrid
Mid Level
$72K/yr - $150K/yrBECU is a financial institution with a strong focus on serving its members and communities. The ERM Quantitative Analyst will assist in validating quantitative statistical models and provide assessments for risk management and analytics, while supporting the build-out of an economic capital framework.
Banking
Responsibilities
Assist in independent validations of quantitative statistical models, as defined in regulatory guidance OCC 2011-12 and Federal Reserve SR 11-7, using advanced statistical, quantitative, or econometric techniques
Provide assessments and analysis of data and data quality to ERM and model owners for analytical and modeling purposes
Maintain the firmwide Model Inventory and processes around model maintenance and performance tracking
Apply mathematical and statistical techniques to support counterparty credit risk and market risk management, analytics, and reporting of Treasury activities and functions, including interest rate and liquidity risk management
In addition, support the build out of an economic capital framework
Support risk modeling of securities, deposits, loans, and derivatives, through the use of cash flow engine tools such as PolyPaths and prepayment models
Research and gain expertise on existing and new financial product offerings at BECU
In addition, understand risks relation to investment products, asset liability management and fixed income hedging tools
Create independent challenger models for the benchmarking of existing and proposed champion models
Monitor risk activities by developing automated reporting tools
Support risk report generation and analysis for senior management
Qualification
Required
Master's degree or foreign equivalent in Mathematics, Applied Mathematics, Statistics, Financial Engineering, Economics, Quantitative Finance, or a closely related field
Knowledge of statistical analysis tools including both R and Python
Knowledge of market and credit risk
Benefits
401(k) Company Match (up to 3%)
4% annual contribution to your 401(k) by BECU
Medical, Dental and Vision (family contributions as well)
PTO Program + Exchange Program
Tuition Reimbursement Program
BECU Cares volunteer time off + donation match
Company
BECU
As a member-owned, not-for-profit financial cooperative, BECU is guided by the credit union philosophy of “people helping people.” In fact, putting people over profit guides our everyday business decisions.
Founded in 1935Tukwila, Washington, USA
1001-5000 employees
H1B Sponsorship
BECU has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (3)
2023 (1)
2022 (1)
Funding
Current Stage
Late StageLeadership Team
Nathan Ramachandran
EVP - CTO
Ivan Seda, CFA, CPA
Deputy Chief Financial Officer
Recent News
Business Journals
2024-04-09
Puget Sound Business Journal
2023-12-13
Puget Sound Business Journal
2023-11-28
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