Quantitative Risk Analyst

Company Name:
GE Capital
Posted Position Title
Quantitative Risk Analyst
About Us
Headquartered in Norwalk Connecticut, GE Capital is one of the world's largest providers of credit and expertise. For more than 1 million businesses, GE Capital provides financing to purchase, lease and distribute equipment, as well as capital for real estate and corporate acquisitions, refinancings and restructurings. GE Capital operates in a number of industries, from airlines, healthcare and energy financing to fleet, franchise and middle market corporate finance. For approximately 80 million consumers, GE Capital offers credit cards and retail sales finance programs. GE Capital is an extension of GE's rich heritage of building and supporting growth, providing customers with insight, knowledge and expertise in addition to financing. At GE, developing people is embedded in our culture and integral to our growth. Join us and you'll find yourself part of a dynamic team full of professional challenges and opportunities. To learn more visit www.gecapital.com.
Role Summary/Purpose
GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation. The Quantitative Risk Analyst acts as a crucial contributor to the development and continuous enhancement of GE Capital's Quantitative Methodologies (QM) models.
Essential Responsibilities
Acquire a deep understanding of the quantitative risk methodologies, and contribute to their continuous enhancement by developing, implementing, and documenting models.
Partner with more senior members of the QM team to provide new analytical solutions and enhancements to the suite of quantitative risk methodologies.
Participate in the evaluation of the latest developments in risk methodologies from academia, regulatory bodies, and industry.
Contribute to select quantitative analytics projects, including the analysis of loss distributions, VaR and capital for the GE Capital portfolio, identifying areas of risk concentration.
Interact with business units teams and provide expertise on risk methodologies inputs and outputs.
Support QM team's interaction with regulators by addressing regulatory requests for model related information and documentation.
Basic Requirements:
Master's degree in quantitative discipline (e.g., Finance, Economics, Statistics)
Strong analytical, quantitative and data handling skills, with computer programming skills using statistical and database applications, such as SAS, R, S+ Matlab, C++, SQL, VBA Eligibility Qualifications:
Must submit your application for employment through gecareers.com to be considered (Internals via COS)
Must be 18 years or older
Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
Must be willing to work out of an office in Norwalk, CT
Applicants for this position who are currently employed on H-1B visa must have at least 2 years of eligibility remaining on their visa term in order for GE to petition for an employment based visa on behalf of such applicant
Desired Characteristics
2 years' relevant quantitative risk analysis and/or programming experience
Strong preference for PhD
Familiarity with Bank Regulatory Topics, particularly related to requirements for quantitative risk methodologies (e.g. Basel II/III framework)
Strong written and oral communication and presentation skills

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