ZipRecruiter

Log In

1

Associate Quantitative Risk Analyst Jobs in Pennsylvania

Wsfs Financial

Quantitative Risk Analyst

Philadelphia, PA · On-site

$64.49K - $105.95K/yr

... business credit analysis. Key Responsibilities: * Assist the Quantitative Risk Manager in ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Wsfsbank

Quantitative Risk Analyst

Philadelphia, PA

$64.49K - $105.95K/yr

... business credit analysis. Key Responsibilities: * Assist the Quantitative Risk Manager in ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

WSFS Bank

Quantitative Risk Analyst

Philadelphia, PA · On-site

$64.49K - $105.95K/yr

... business credit analysis. Key Responsibilities: * Assist the Quantitative Risk Manager in ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

WSFS Bank

Quantitative Risk Analyst

Philadelphia, PA

$64.49K - $105.95K/yr

... business credit analysis. Key Responsibilities: * Assist the Quantitative Risk Manager in ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Vangard, Inc.

Investment Risk Analyst

Malvern, PA · On-site

... markets, quantitative drivers, and general investment themes in order to bring an informed ... risk analysis. 6. Participates in special projects and performs other duties as assigned.

Vanguard Group

Investment Risk Analyst

Malvern, PA · On-site

... markets, quantitative drivers, and general investment themes in order to bring an informed ... risk analysis. 6. Participates in special projects and performs other duties as assigned.

MIGSO-PCUBED

PA

Conduct qualitative and quantitative risk analysis, including Monte Carlo simulations * Support the development and implementation of risk response and contingency plans * Continuously monitor ...

Chubb

Senior Risk Analyst

Philadelphia, PA

Analyze and interpret quantitative and qualitative data to identify trends, patterns, and emerging risk signals to support data-driven decision-making. * Identify appropriate sources of information ...

Wsfs Financial

Wealth ERM Risk Analyst

Philadelphia, PA · On-site

$77.39K - $127.14K/yr

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their ... The Wealth ERM Risk Analyst will support the execution and evolvement of the Company's Enterprise ...

WSFS Bank

Wealth ERM Risk Analyst

Philadelphia, PA · On-site

$77.39K - $127.14K/yr

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their ... The Wealth ERM Risk Analyst will support the execution and evolvement of the Company's Enterprise ...

Wsfsbank

Wealth ERM Risk Analyst

Philadelphia, PA

$77.39K - $127.14K/yr

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their ... The Wealth ERM Risk Analyst will support the execution and evolvement of the Company's Enterprise ...

next page

Showing results 1-20

People also search for

All JobsAssociate Quantitative Risk Analyst JobsAssociate Quantitative Risk Analyst Jobs in Pennsylvania

Associate Quantitative Risk Analyst information

What are the key skills and qualifications needed to thrive as an Associate Quantitative Risk Analyst, and why are they important?

To thrive as an Associate Quantitative Risk Analyst, you need a strong background in mathematics, statistics, finance, and data analysis, typically supported by a relevant degree such as in finance, mathematics, or economics. Familiarity with statistical software (like R, SAS, or Python), financial modeling tools, and possibly certifications such as FRM or CFA is highly valuable. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting complex data and presenting findings. These competencies are essential for accurately assessing financial risks and supporting informed decision-making in risk management environments.

What are some common challenges faced by Associate Quantitative Risk Analysts in their first year, and how can they overcome them?

In their first year, Associate Quantitative Risk Analysts often encounter challenges such as adapting to complex financial models, learning to interpret large datasets, and effectively communicating technical findings to non-technical stakeholders. Navigating regulatory requirements and understanding the company's risk management framework can also be demanding. To overcome these obstacles, new analysts should proactively seek mentorship, participate in team discussions, and leverage internal training resources to build both technical and soft skills. Regular collaboration with colleagues in risk, finance, and IT departments can also provide valuable insights and accelerate professional growth.

What are Associate Quantitative Risk Analysts?

Associate Quantitative Risk Analysts are entry- to mid-level professionals who help financial institutions and organizations assess and manage risk using mathematical models and statistical techniques. They analyze data to identify potential risks, develop risk management strategies, and support decision-making processes. Their work often involves using quantitative software, working with large datasets, and collaborating with other risk management and finance professionals. Typically, they have backgrounds in mathematics, statistics, finance, or related fields.

What is the difference between Associate Quantitative Risk Analyst vs Credit Risk Analyst?

AspectAssociate Quantitative Risk AnalystCredit Risk Analyst
Required CredentialsBachelor's in finance, economics, or related field; often some familiarity with quantitative methodsBachelor's in finance, economics, or related field; certifications like CFA or FRM are common
Work EnvironmentFinancial institutions, risk management teams, quantitative departmentsBanking, lending institutions, credit departments
Employer & Industry UsageUsed in risk modeling, data analysis, and quantitative assessmentsFocuses on assessing creditworthiness and loan risk

The Associate Quantitative Risk Analyst primarily focuses on developing models and analyzing data to measure financial risks, often working with quantitative tools. In contrast, a Credit Risk Analyst concentrates on evaluating the creditworthiness of borrowers and managing credit risk. While both roles require similar educational backgrounds and work within financial institutions, their core responsibilities differ—one emphasizes quantitative modeling, the other credit assessment.

What are the most commonly searched types of Quantitative Risk Analyst jobs in Pennsylvania? The most popular types of Quantitative Risk Analyst jobs in Pennsylvania are:
What are popular job titles related to Associate Quantitative Risk Analyst jobs in Pennsylvania? For Associate Quantitative Risk Analyst jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Associate Quantitative Risk Analyst jobs in Pennsylvania look for? The top searched job categories for Associate Quantitative Risk Analyst jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Associate Quantitative Risk Analyst jobs? Cities in Pennsylvania with the most Associate Quantitative Risk Analyst job openings:
Associate Quantitative Risk Analyst jobs near you
Quantitative Risk Analyst

Quantitative Risk Analyst

Wsfs Financial

Philadelphia, PA • On-site

$64.49K - $105.95K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Job Description
NewLane Finance is seeking an individual to assist the credit and risk modeling and analytics function using data to advance credit risk behavior and quantification of these risk and return tradeoffs through the deployment of models and algorithms to optimize such strategies. This role will be responsible for providing analytical/quantitative input to help develop, implement, and monitor the build of complex commercial small business Expected Default (ED) and Probability of Default (PD) credit default models.
The successful candidate will use their business analysis, process, and quantitative knowledge to ensure business intent is matched with modeling outcome, and document development decisions under SR11-7 guidelines. In addition to responsibilities on individual modeling projects this role will be expected to work on ad-hoc projects as needed. Communicating model mechanics and articulating nuances to leadership will be an important aspect of the role. This is a great opportunity for someone who is a modeler/statistician/data analyst/coder (or a combination) with experience in commercial small business credit analysis.
Key Responsibilities:
  • Assist the Quantitative Risk Manager in constructing a Credit Decision Scorecards and statistically based credit risk modeling strategies based on quantitative modeling methods (e.g., good / bad definition, performance sample windows, sample size and exclusions).
  • Assist in developing and implementing a framework for data collection, processing and analyzing customer and 3rd party data (e.g., PayNet, D&B, consumer credit bureaus) for implementing credit risk strategies
  • Plan and execute self-driven analytics on large data sets (structured and unstructured data) using next generation technologies, prepare analysis and reports to support discussions on key analytics and model aspects to drive decision making
  • Validate credit default rates from portfolio attributes (e.g., delinquencies, EOD, loss curves, dealer performance) and make recommendations on credit model and policies
  • Work with sales management on risk-based pricing strategies optimizing dealer conversion rates and profitability.
  • Oversight of credit data mart used for reporting and portfolio performance monitoring.
  • Supporting ongoing and future projects working with the senior team.
  • Ability to create visualizations of data and/or quantitative information for management decision-making
  • Support building and enhancing procedures and model documentation in compliance with regulatory guidance as well as the Bank's model risk policy
  • Maintain current/develop new analytical reports and presentations for senior management, executive committees, and regulatory exams

Experience:
  • Bachelor's degree in Mathematics/Statistics, Operations Research, Economics, Finance, or other quantitative discipline; or in lieu of a degree, four (4) plus years' experience in Risk, Finance, Consumer Lending
  • Three (3) plus years of commercial small business credit modeling experience.
  • Two (2) plus years of experience in Consumer Lending statistical modeling/analytics, preferably related to ALL and/or Loss Forecasting modeling for credit cards.
  • Two (2) plus years in coding with Python, PySpark or other equivalent language within the past Five (5) years

Desired Characteristics:
  • Demonstrated experience with SAS and other statistical methods.
  • Proven decision-making role constructing credit models in a regulated environment
  • Strong quantitative and analytical skills in statistical analysis and data science best practices
  • Strong communication and partnering skills

Salary Range:
$64,491.00 - $105,949.50
Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.
In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/
WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Apply