Quantitative Analyst II - MRM

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GENERAL FUNCTION:

Responsible for following established guidelines and identifying and resolving problems. Individual at this level is expected to use some independence of thought but to refer more complex problems to supervisors or other experts. Individual would be expected to contribute to work flow or process change and redesign, and to form a strong basic understanding of the specifies product or process. May also be accountable for regular reporting or process administration as owner.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Provide quantitative support throughout the Risk and Treasury divisions. This will include the implementation, modeling, and validation of quantitative models including PD, LGD, ALM, CCAR, QRM, MRM and Economic Capital
• Provide ongoing support to the development and implementation of quantitative and statistical models. Developing, maintaining, and back testing models to support respective LOBs. Also will have responsibility for ad-hoc reporting requests for quantitative modeling.
• Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

SUPERVISORY RESPONSIBILITIES:

May supervise day to day work of junior level employees, but will not typically have formal management role

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Bachelor's college degree (Master’s degree preferred) in quantitative analytics, economics, statistics, engineering or a related area.
• 3 years prior work experience
• Strong verbal and written communication skills.
• Strong analytical skills.
• Ability to present a professional image.
• Ability to work in a team environment.
• Ability to multi-task and to be flexible.

At Fifth Third Bank, we understand the importance of rewarding our employees for their hard work and dedication, therefore, our Total Rewards offering includes a differentiated compensation package and comprehensive benefits.

Benefits:

Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. Your benefits will include access to comprehensive medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and unique benefits to support your overall mental and physical wellness. For additional details, please contact your recruiter.

Compensation:

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the US. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

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Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.