Quantitative developer serp_jobs.h1.location_city

Position Summary

Busey Bank is a growing financial institution, established over 150 years ago and operates in Illinois, Kansas, Missouri, Indiana, Texas, Colorado, Oklahoma, Arizona and Florida. As a Quantitative Model Risk Analyst, your primary responsibility will be leading the Company's model validation and review engagements, ensuring models are conceptually sound and adhere to internal policies and align with regulatory requirements. Additionally, you will be expected to provide consultation to various stakeholders across the organization to provide guidance enabling them to reduce model risks and improve profitability. You will also engage with leaders across the organization requiring you to cultivate positive working relationships to proactively identify, quantify, and manage risks.

Duties & Responsibilities

• Lead the Company's independent model review processes of quantitative and qualitative models
• Develop rolling validation and periodic schedules to ensure models are validated and reviewed at required intervals and when material changes are made to the models
• Facilitate all aspects of internal and external model validations, including planning the validation scope and requests for information, scheduling meetings, developing and coordinating email communications, and producing reporting for stakeholders
• Perform independent, internal model validations of quantitative models. Internal validations require the Associate to :

Review the appropriateness and conceptual soundness of each model individually and in aggregate, taking into consideration of alternative approaches;

Transmit all documents and resources requested by the vendor to perform the validation;

Education & Experience

Education and Experience

Advanced knowledge of :

Ability to :

Benefits and Compensation

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

Base Pay Range : $92,000 - $100,000 / year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability / Vets. Visit Busey.com / Careers to learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.

Application Deadline : 8 / 15 / 25