Modelling Analyst Job Description
Modelling Analyst Duties & Responsibilities
To write an effective modelling analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included modelling analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Modelling Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Modelling Analyst
List any licenses or certifications required by the position: CPA, GAAP, US
Education for Modelling Analyst
Typically a job would require a certain level of education.
Employers hiring for the modelling analyst job most commonly would prefer for their future employee to have a relevant degree such as University and Master's Degree in Statistics, Mathematics, Engineering, Economics, Physics, Finance, Computer Science, Business, Science, Technical
Skills for Modelling Analyst
Desired skills for modelling analyst include:
Desired experience for modelling analyst includes:
Modelling Analyst Examples
Modelling Analyst Job Description
- Utilizes jurisdiction pricing data to develop long-term modelling and create assumptions
- Supports strategic analyses through reviewing Jurisdiction KPIs to reduce / eliminate performance gaps
- Performs monthly analysis to provide relevant and timely insight
- Assists in the analyses of litigation and settlements with Jurisdiction and Regulatory Finance
- Assessing and quantifying model risk - the risk associated with the choice of models that are used to price exotic derivative transactions
- Verification of model implementation, analysing all models used by the firm for valuing and risk managing derivatives contracts to ensure their consistency and validity
- Advising senior management on the risks associated with particularly large transactions
- Assists in the analysis of financial performance to provide insights with Jurisdiction
- Supports modelling and data analytics by providing administrative support
- Collects and updates information to maintain accurate files
- 3-5 years in-depth knowledge of Financial Management
- In-depth knowledge of BMO’s financial systems
- Support the ongoing development of the Group's stress testing capabilities in relation to the Operational Risk and the incorporation of these in the regulatory frameworks
- Strong PC skills, particularly Excel (Pivot table, V-lookup and VBA)
- Be the liason and point of contact for operational risk capital for the APAC Legal Entities
- Support the ongoing development of the Group's stress testing capabilities in relation to the Operational Risk and the incorporation of these in the regulatory frameworks (LPA, CCAR, ICAAP, ) with focus on the requirements from the APAC regulators
Modelling Analyst Job Description
- Client liaison through all stages of financial accounting disclosures
- Data manipulation and actuarial calculations in respect of financial accounting disclosures
- Preparation of reports and other financial disclosure documentation
- Financial modelling on healthcare and group risk related programmes
- Benchmarking underwriter’s terms against in-house rate calculations by modelling historical claim and risk profiles
- Review resulting statistical forecast model and apply error analysis techniques to improve forecasting
- Analyse inbound/outbound data from source and downstream consumers
- Develop/manage complex data models (conceptual and logical)
- Develop/manage data dictionary
- Create data mapping specifications and requirements
- Demonstrating deep understanding in your specialist field of the issues facing our clients and the successful solutions they might deploy
- The ability to bring knowledge and experience of business processes and regulatory expectations to our clients in a way that delivers value to them
- Experience with leading large teams to deliver large, complex projects
- Developing, refining and maintaining models and analytics (such as price verification and capital models)
- A bachelors/masters degree with a focus on mathematics, computing is required from one of the top tier colleges in India
- Work with other FMG members to develop new models
Modelling Analyst Job Description
- Work in a global environment with team members with different backgrounds, cultures and countries
- To apply expertise in data preparation, statistics, and machine learning to investigate complex problems in various domains, such as marketing optimisation or personalisation
- Project management for reviewing, redeveloping and implementing propensity models and segmentation systems
- Utilising a constantly evolving range of data sources and tools, extract knowledge and insight to help the business meet its goals and improve its performance
- Lead the adoption of new data based solutions and technology cross functionally into business processes
- Lead and manage induction/training programmes for analysts and business users
- To prioritise business problems that have the most value to the organization
- Ability to train individuals external to Customer Insight with the correct use of scorecard and segmentation
- Executing Business and Data requirements
- Creating mapping documents for DW
- Strong analytical background in statistical modeling and quantitative finance
- Background in statistical modeling and quantitative finance
- 3-4 years experience in corporate or business strategy roles, with a clear quantitative background
- Previous experience with financial modelling
- Experienced modelling for infrastructure investments
- High commercial awareness and understanding of business environments
Modelling Analyst Job Description
- Supporting initiatives aimed at educating and upskilling members of the packaging community to enable them to fully exploit data analysis and modelling capability
- Analysis of the source data and business requirement specifications and transformation, through analysis and understanding of core financial processes and how the data maps to these processes
- Source file attributes mapping to target entities and attributes, identify transformation rules, filters
- Delivering optimised solutions at an engine architectural level, by executing structural and dynamic analysis with implicit and explicit Finite Element analysis techniques
- Conduct monthly audits of bound account entries to ensure process adherence, identify training issues, and to verify proper capture of the policy terms in catastrophe modelling software (RMS)
- Work closely with modeling team, finance execution team and F3 on model design, implementation testing, input / output validation
- Coding for non model requirements, ability to "run" model
- Understand how the models works, the process design on the loss forecasting engine (include model and non-model components of the process)
- Understand how inputs and outputs are generated and ability to modify inputs and output for what if scenario or regression testing of the models
- Synthesize large volumes of data into actionable insights to influence business strategies for the Chase Credit Card products
- Ability to communicate with senior stakeholders, engage SMEs and bring people on board with projects
- A strong academic background, with at minimum of a Masters in mathematics, physics or quantitative finance
- A practical knowledge of credit derivatives, their risk drivers and the models used to price them
- The role will expose the candidate to a wide range of professionals within the bank
- A good understanding and awareness of the regulatory framework for banks is desirable
- Exposure in banking domain areas
Modelling Analyst Job Description
- Expected to consistently produce and present results that are accurate and on-time
- Expected to work on moderate to complex projects with limited guidance
- Work with members of the various teams to understand and clarify projects’ objectives and to develop appropriate statistical models
- Research and Development on big data analytics to process streaming data and automation
- Work on several assignments, some concurrently, as prioritised by the Head of Customer Analytics
- Take an active role in improving the quality and consistency of the analytics conducted by the team, mentoring junior analysts, proactively identify data issues, recommending opportunities for improvements in analytical capability, and providing a commercial lens
- Develop and maintain effective cooperation with peers and other teams
- A record of taking the initiative on complex tasks
- The ability to plan and deliver solutions to tight deadlines
- Employing relevant statistical and analytical techniques to develop and maintain stress testing and IFRS9 models
- Bachelor’s Degree in Accounting, Finance or Economics, MBA or CPA preferred
- Proven experience in Jurisdiction or Regulatory Finance
- Background in utility service business activities required
- Bachelor’s degree in technical discipline such as engineering, transportation planning or similar field is required
- Proficiency in MS Excel [advanced] Word, and Access
- A university degree in Statistics or a related quantitative discipline (Mathematics, Actuarial Science, Computer Science, Engineering, Econometrics, Operations Research)