Truist · 16 hours ago
Quantitative Model Development Analyst
Winston-Salem, NC
Full-time
Hybrid
Entry Level
1+ years expTruist is a financial services company seeking a Quantitative Model Development Analyst. This role focuses on the development life cycle of quantitative models specific to finance and risk measurement, including model validation and performance reporting.
FinanceBankingFinancial Services
Responsibilities
Focus on aspects of model development specific to finance and risk measurement estimation methodologies
Responsible for aspects of the development life cycle of quantitative models
Assist with identifying and escalating model risks
Develop awareness of key partnerships specific to models within targeted scope of responsibility
Area of model development include market, commercial, retail, credit, financial crimes, CCAR, CECL, finance and compliance risk
Participate in model reviews and validation finding mitigation following deployment
Conduct specific 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
Maintain and execute monitoring, performance reporting, and change-management processes. Work with stakeholders to ensure models fulfill the business objectives set for them
Ensure assigned parts of model development projects and processes comply with Truist requirements for model risk management and other policy requirements
Participate in mentoring and training to accelerate model development in areas of techniques, process and business knowledge
Assist with 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 from partners within the firm as needed, including assurance providers
Assist with identifying, recruiting, and maintaining, quantitative talent
Qualification
Required
Must have a Master's degree in Statistics, Econometrics, Applied Mathematics, or other applied quantitative science
Must have 1 year of experience in positions performing quantitative or data analytics with the following:
Model development using SAS, Python (including Pandas and Numpy), R, Stata, Excel, and Tableau
Writing SAS data step code, SQL queries using SAS PROC SQL, and Excel VBA code
Model development methodology, including data collection, data cleaning, variable identification and selection and model testing
Statistical methods, including classical statistics, statistical deep learning, machine learning, categorical analysis, A/B testing, time-series, and multivariate statistical analysis
Analyzing and profiling data
Developing statistical models
Writing technical documentation
Presenting project results
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
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
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