Quantitative Financial Analytics Officer

Comerica
Dallas - United States
S: Competitive

We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.

Reporting Information/Location

The Quantitative Financial Analytics Officer is located at 1717 Main St., Dallas, Texas or may be filled in Auburn Hills, MI and reports to the SVP Portfolio Risk Manager. This position has no direct reports.

Position Responsibilities
- Conduct analysis of financial, demographic, behavioral, and economic and market data.
- Obtain information from various business lines and data analysts, link information from disparate sources, analyze the information, and communicate the finding back to the credit officers and business leaders.
- Participate in the development, monitoring, validation (benchmarking, backtesting and all other Basel II requirements) and calibration of commercial risk models.
- Provide support for risk rating tool deployment and usage, including testing and training.
- Maintain an awareness of evolving regulatory guidelines (Federal and Basel).
- Communicate policy changes from the financial regulatory institutions, such as, the Federal Reserve, and evaluating its impact on Comerica's loans and capital.

Total Rewards
We know that our employees are critical to our overall success. We are dedicated to investing in their future to maintain long-term relationships for lasting commitments. One of the ways we do this is to offer a comprehensive package of compensation and benefits programs which are regularly reviewed to maintain them at competitive levels. Your salary will be commensurate with your work experience.

Relocation
Relocation assistance is not provided for this position.

Travel
Travel is not required of this position.

Qualifications
- Master's degree (MBA) in Quantitative Finance, Econometrics, Statistics, or Operations Research
- 4 years SAS and other econometric, modeling or other statistical software
- 2 years quantitative analysis in financial services industry or credit risk management experience
- 2 years experience in query databases, conceptualizing complex problems using financial theory, and empirical estimations
- 1 year liquid credit/SBSS, D&B, and external data Credit Bureau or related data experience

Job summary