What are the responsibilities and job description for the Quantitative Risk Lead position at Federal Home Loan Bank?
Quantitative Risk Lead
General Summary :
Providesintermediate level market risk, quantitative and financial analyses utilizingfinancial risk modeling software programs and modeling tools in support offinancial and risk management. Providesintermediate research analysis in support of recommendations and managementinformation related to profitability trends, market risk exposure, prepaymentactivity, market risk modeling practices, and other financial and risk relatedcharacteristics of the balance sheet.
Principal Duties andResponsibilities :
- Researches, develops and implements intermediate market risk analyses projects concerning relevant facets of risk analysis and assessment including market risk, earnings, capital, and aspects of credit risk.
- Researches, creates, develops, interprets, applies, implements, and presents regular and ad-hoc financial and market risk analyses projects.
- Utilizes the various market risk and earnings models, credit risk and mortgage prepayment models.
- Assists in the evaluation, development, implementation and maintenance of new or enhanced processes, models, and systems.
- Coordinates and / or initiates data management and automation activities utilizing advance data management tools (including but not limited to Excel, VBA, SAS, SQL).
- Actively supports efforts to develop, build consensus, apply and maintain the enterprise risk management function and program, especially related to market risk, earnings, capital, and aspects of credit risk.
- Performs other routine office duties and special projects as assigned by management.
Minimum Knowledge,Skills and Abilities Required :
Working Conditions :
Requiresdaily use of personal computer and modeling software. Flexibility to work outside normal workinghours and meet multiple and changing deadlines in a fast-pacedenvironment. Ability to pay closeattention to detail since errors could result in significant monetary loss tothe organization.