This will include reviewing full or targeted scope validation assessments the TAS quantitative analytics team to ensure conclusions are consistent with the goals of the planned assessment and ...
This will include reviewing full or targeted scope validation assessments the TAS quantitative analytics team to ensure conclusions are consistent with the goals of the planned assessment and ...
Quant Audit Manager
Richmond, VA · On-site
$102K - $135K/yr
English (Required) Work Shift: 1st shift (United States of America) Please review the following The Quantitative Audit Manager (QAM) is responsible for the delivery of complex technical audit ...
Quant Audit Manager
Richmond, VA · On-site
$102K - $135K/yr
English (Required) Work Shift: 1st shift (United States of America) Please review the following The Quantitative Audit Manager (QAM) is responsible for the delivery of complex technical audit ...
As a Quantitative Analyst at Capital One, you'll be part of a team that's leading the next wave of disruption at a whole new scale, using the latest in cloud computing and machine learning ...
As a Quantitative Analyst at Capital One, you'll be part of a team that's leading the next wave of disruption at a whole new scale, using the latest in cloud computing and machine learning ...
Senior Quantitative Analyst - Global Finance At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit ...
Senior Quantitative Analyst - Global Finance At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit ...
Senior Quantitative Analyst - Global Finance At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit ...
Senior Quantitative Analyst - Global Finance At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit ...
The Head of Quantitative Financial Crimes leads the design, development, and governance of advanced analytic and modeling capabilities to detect, prevent, and report financial crimes (including AML ...
The Head of Quantitative Financial Crimes leads the design, development, and governance of advanced analytic and modeling capabilities to detect, prevent, and report financial crimes (including AML ...
Principal Associate, Quantitative Analysis
Mclean, VA · On-site +1
Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies. Collaborate in a cross-disciplinary team to build cloud based ...
Principal Associate, Quantitative Analysis
Mclean, VA · On-site +1
Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies. Collaborate in a cross-disciplinary team to build cloud based ...
Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies. Collaborate in a cross-disciplinary team to build cloud based ...
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Quantitative Analytics and Model Consultant Senior - Capital Markets Models
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Quantitative Analytics and Model Consultant Senior - Capital Markets Models
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Quick apply
Quantitative Model Review Support the capital markets model risk / validation for a leading financial institution Responsibilities: * Perform all tasks related to model validation to evaluate and ...
Quantitative Analytics Senior
Mclean, VA · On-site
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Quantitative Analytics Senior
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Senior Quantitative Analyst - Global Finance
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Senior Quantitative Analyst - Global Finance At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit ...
Senior Quantitative Analyst - Global Finance
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Senior Quantitative Analyst - Global Finance
Mclean, VA · On-site
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Senior Quantitative Analyst - Global Finance
Mclean, VA · On-site
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Data Scientist/ Quantitative Analytics
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Senior Manager, Quantitative Analysis - Model Risk Office At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing ...
Senior Manager, Quantitative Analysis - Model Risk Office At Capital One data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing ...
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The team is responsible for developing models and conducting quantitative analysis to support valuation and hedging of mortgage products. Our Impact: The Modeling and Analytics group in Freddie Mac ...
The team is responsible for developing models and conducting quantitative analysis to support valuation and hedging of mortgage products. Our Impact: The Modeling and Analytics group in Freddie Mac ...
The team is responsible for developing models and conducting quantitative analysis to support valuation and hedging of mortgage products. Our Impact: The Modeling and Analytics group in Freddie Mac ...
The team is responsible for developing models and conducting quantitative analysis to support valuation and hedging of mortgage products. Our Impact: The Modeling and Analytics group in Freddie Mac ...
Quant information
See Virginia salary details
$97.2K - $111.7K
15% of jobs
$111.7K - $126.3K
7% of jobs
$130.8K is the 25th percentile. Wages below this are outliers.
$126.3K - $140.8K
9% of jobs
$140.8K - $155.4K
14% of jobs
The median wage is $162K / yr.
$155.4K - $169.9K
12% of jobs
$169.9K - $184.5K
14% of jobs
$190.4K is the 75th percentile. Wages above this are outliers.
$184.5K - $199.1K
12% of jobs
$199.1K - $213.6K
7% of jobs
$213.6K - $228.2K
5% of jobs
$228.2K - $242.7K
5% of jobs
$242.7K - $257.3K
0% of jobs
$97.2K
$168.3K
$257.3K
How much do quant jobs pay per year?
What Does a Quant Do?
Quant refers to a quantitative analyst whose responsibilities are to research and analyze market trends in finance. As a quant, you research and decipher statistics and design financial models to help banks, insurance companies, and other finance-focused organizations assess and prevent their risk, make sound investments, and better understand pricing structures to increase profit. Your duties also include creating codes for programs that follow financial trends and patterns, recording data and analyses, and consulting with business leaders in an organization to offer suggestions to combat potential financial risks. Large financial institutions and firms with trading processes typically hire quants.
What jobs pay 500,000 a year in the US?
What are quants?
What are some common challenges faced by Quants when collaborating with software developers and traders?
What are the key skills and qualifications needed to thrive as a Quant, and why are they important?
What is the difference between Quant vs Data Analyst?
| Aspect | Quant | Data Analyst |
|---|---|---|
| Required Credentials | Degree in Math, Finance, or Computer Science; often requires advanced degrees | Bachelor's in Statistics, Economics, or related field; sometimes requires certifications |
| Work Environment | Financial firms, hedge funds, investment banks | Corporations, consulting firms, market research |
| Employer & Industry Usage | Primarily in finance and trading | Across various industries including finance, marketing, healthcare |
| Common Search & Comparison Intent | Understanding quantitative roles in finance | Exploring data analysis careers |
While both Quant and Data Analyst roles involve working with data, Quants focus on developing complex models for trading and risk management in finance, often requiring advanced degrees and specialized skills. Data Analysts typically interpret data to inform business decisions across industries, with a broader scope and different tools. The roles overlap in data handling but differ significantly in application and industry focus.
Do quants make 7 figures?
Is 30 too late to become a quant?
What is a quant job?
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 7 days ago
Truist rating
8.2
Based on 110 frontline employees who took The Breakroom Quiz
37th of 141 rated banks
Job description
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.
Need Help?
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:The Senior Audit Manager Quantitative (SAMQ) is responsible for leading a team of Quantitative Auditors performing complex technical audit assessments related to the identification and mitigation of risk associated with both financial and non-financial models and other quantitative tools implemented across Truist. The SQAM further assists in line of business relationship management, risk monitoring, and professional development of the full Model Risk audit team.ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Oversee the execution of various model validation reviews lead and managed by less experienced Quantitative Auditors within the Truist Model Risk Management Risk Management Technical Review Team. This will include reviewing full or targeted scope validation assessments the TAS quantitative analytics team to ensure conclusions are consistent with the goals of the planned assessment and incorporate assessments needed for appropriate evaluation of validations/reviews completed by the Model Risk Management Team (MRM) within Truist.
2. Build and maintain effective working relationships with management including Model Risk Management, Model Development, and Model Owners throughout the first and second lines of defense.
3. Contribute to improving Truist model risk management by:
a. Recommending improvements to model risk management systems and processes.
b. Being knowledgeable of the organization, operations, policies, and procedures related to the use and management of models.
c. Proactively supporting management on the establishment of internal controls, monitoring techniques, and risk management of models.
4. Develop and maintain specialization and expertise in complex modeling concepts as well as developing knowledge of auditing concepts and risk management practices, and pursuing continuing education and possible additional professional certifications, as appropriate.
5. This role will oversee collaboration efforts across business and function audit teams and provide subject matter expertise for models. Oversee and review the performance of model validation and/or review assessments for models scoped into various types of audits and managed by the less experienced Quantitative Auditors.
6. Maintain the requisite knowledge and experience to assist audit teams with evaluating Truist's adherence to SR 11-7 regulatory guidance on model risk governance and oversight for various model types.
7. Train/coach/mentor junior team members to enhance model audit work. Provide training on more complex and difficult areas.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Masters in Mathematics, Statistics, Data Science, Engineering, Computer Science or formal post undergraduate certification with a focus on Quantitative or Financial Analytics.
2. 8+ years of technical model experience, which could include working on a model validation team, model development team or Audit equivalent technical review team.
3. Experience managing a team of model reviewers/developers (including, as needed, executing performance evaluations/reviews, recruitment, and team retention functions)
4. Demonstrated proficiency with one or more financial modeling methodologies. This includes knowledge of statistical and algorithmic methods applied in financial modeling.
5. The ability to lead, work and direct others independently without supervision, and strong project management skills.
6. Strong knowledge of programming languages such as R, Python, or C++.
7. Strong knowledge of one or more database management tools such as SAS and/or SQL.
8. Strong analytical, facilitation, interpersonal and decision-making skills.
9. Strong written, oral, and negotiating skills, including the ability to present findings and articulate and defend conclusions to senior Audit and/or line of business management.
10.Strong proficiency of standard software applications such as MS Office.
Preferred Qualifications:
1. Ph.D. in in Mathematics, Statistics, Data Science, Engineering, Computer Science
2. Technical model experience with a large bank
3. General audit skills and past experience
4. Broad understanding of accounting and finance concepts and the banking and financial services industry.
The annual base salary for this position is $114,180.00 - $216,930.00 USD.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
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About Truist
Sourced by ZipRecruiter
Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Charlotte, NC, US
Year founded
2019