Job Overview
PenFed is hiring a (Hybrid) Sr. Analyst Quantitative Analytics, Enterprise Risk Advanced Analytics at our Tysons, Virginia location. The primary purpose of this job is to analyze data from corporate data warehouses to feed into new Market Risk systems; engage with data transformation team and perform data quality review and incorporate data updates. This position will also support the Market Risk governance function and the new PolyPaths system implementation as well as leading communications with IT and Enterprise Data teams. The secondary purpose of this job is to analyze data and create quantitative techniques to automate and enhance new Market Risk systems and models. Market Risk Management is building out the PolyPaths enterprise risk system for benchmarking and challenger models so enhancement of interest-rate modelling and prepayment analytics will be essential.
Responsibilities
Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.
Participate in building machine-learning analysis techniques to augment risk hedging decisions as well as improve interest model, AdCo prepay model in PolyPaths risk systems.
Collaborate with business and technical partners to understand and evaluate their requirements regarding data/analytic tool/models and determine the optimal way to gather data and present results.
Work closely with team leads to analyze data based on various business and regulatory scenarios.
Perform ad hoc analyses to support business and to identify emerging risks. Identify, collect, and analyze behavioral/performance data from both internal and external sources to understand the impacts of policy changes and macro dynamics on portfolio performance.
Leverage Power BI to design sophisticated data visualizations and dynamic reporting dashboards that convert complex datasets into actionable insights for company wise; harness Snowflake AI tools to scrape and analyze earnings call data and integrate and monitor liquidity risk and emerging risk signals using advanced NLP methodologies.
Produce documentation, procedures, and applicable training materials for new departmental processes.
Modify and execute monthly Python/SQL scripts to extract data from various systems including SnowFlake and compare historical model performance for feed into the new PolyPaths risk system.
This role is responsible for ensuring business continuity.
Qualifications
Equivalent combination of education and experience is considered.
Master's degree in Statistics, Computer Science, Economics, Mathematics, Financial Engineering, Operations Research, Engineering, Finance, Physics or related field from competitive STEM university with a minimum of Five (5) years of related work experience from a financial institution or consulting.
5 years of experience with Python or other statistical analyst software.
3 years' experience with data analysis and SQL.
5 years' experience in machine learning.
3 years of experience manipulating and analyzing large data sets.
Ability to work independently and as part of a team, self-motivation, adaptability and positive attitude.
Some background in market risk and trading and technical analysis is preferred as a plus besides tech skills.
Must have strong communication skills and equivalent EQ.
Ability to estimate work accurately and produce deliverables on time with minimal supervision.
Supervisory Responsibility
This positon will not supervise employees.
Licenses and Certifications
There are no additional certifications required.
Work Environment
Hybrid work role - 2.5 days in the office - while performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.
Travel
Ability to travel to various worksites and be on-call may be required.
#LI-Hybrid
Benefits
At PenFed, we offer a robust benefits package designed to support you both personally and professionally. You'll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage. We also support growth via education assistance, community involvement, and volunteer opportunities.
Our Purpose
Helping members achieve their dreams since 1935.
Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. PenFed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial services, always with members' interests in mind. PenFed is federally insured by the NCUA and is an Equal Housing Lender.
Berkshire Hathaway HomeServices PenFed Realty, LLC is a full-service real estate company ready to assist our clients with buying, selling and renting a home. The company is a wholly owned subsidiary of PenFed Credit Union and is the largest independently-owned brokerage in the Berkshire Hathaway HomeServices network, placing us in the top 1% of all real estate brokerages in the country.
With almost 60 offices and nearly 2,000 world-class sales professionals, we offer complete service coverage in Virginia, Maryland, the District of Columbia, Delaware, Pennsylvania, West Virginia, Florida, Tennessee, Kansas and Texas. In addition, we also offer specialized client services which include management of vacation properties and long-term rentals, corporate relocation services and national referral network.
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.
