Truist · 23 hours ago
Quantitative Model Development Manager- Retail Credit Loss Forecasting
Charlotte, NC
Full-time
Onsite
Senior Level
5+ years expTruist is a financial services company seeking a Quantitative Model Development Manager to lead a team of quantitative analysts. The role focuses on the development and management of quantitative models for finance and risk measurement, ensuring compliance with model risk management policies while mentoring team members and collaborating with various stakeholders.
BankingFinanceFinancial Services
Responsibilities
Manage team specific to significant aspects of the model development life cycle. The model development life cycle includes data acquisition, assessing data integrity, model development, documentation, implementation assistance and assisting with closing assurance provider issue related to the model
Actively participate in the model development lifecycle. Develop, maintain and supervise monitoring, performance reporting, and change-management processes. Work with stakeholders to ensure models fulfill the business objectives set for them
Ensure model development projects and processes comply with Truist requirements for model risk management and other policy requirements
Provide mentoring and training to accelerate model development in areas of techniques, process and business knowledge
Advocate towards user understanding and acceptance of models and associate analytics, including written and verbal presentations to model users, stakeholders, managers and oversight groups
Address model questions to partners within the firm as needed, including assurance providers
Assist with recruiting and managing quantitative talent; delegate effectively to resolve organizational requirements
Qualification
Required
Five years of relevant experience in best practices, or equivalent financial industry experience developing, documenting, implementing, or validating quantitative models
Three+ years of model development experience using SAS or other applicable model development software/programming tools
Management ability: Ability to manage projects and a team to successful outcomes
Strong English communication skills, both written and verbal
Ability to distill complex mathematical concepts into actionable results
Strong work ethic; promote and conduct continued development of personal and associate knowledge base and technical skills
Organization skills: Ability to communicate and manage competing organizational priorities effectively
Problem solving skills: Strong problem solving skills
Education: Advanced degree or equivalent experience in Statistics, Econometrics, Operations Research, Actuarial Science, Applied Mathematics, or other applied quantitative science, or equivalent education and related training
Preferred
Master's degree/PhD
Relevant professional designation(s)
Experience in risk management
Knowledge/experience of best practices in retail credit loss forecasting with focus on Prime/Subprime Auto portfolio or unsecured credit products
Knowledge/experience of current regulatory environment and associated expectations within the financial services industry
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
No less than 10 days of vacation
10 sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist 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 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
2026-01-16
Bizjournals.com Feed (2025-11-12 15:43:17)
2026-01-15
Company data provided by crunchbase