• Quantitative Risk Analyst

    ID
    2018-7306
    Job Locations
    US-CA-San Francisco
    Category
    Risk Management
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    At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here. 

     

    Incredible teams doing exceptional work, every day

     The Audit, Risk, Compliance and Legal groups support First Republic’s business objectives by systematically improving the effectiveness of its risk management, control and governance processes. We own and administer these processes while educating our colleagues to best support them. Our mission is to promote a culture of compliance and to be the best partner we can to our business stakeholders.

     

     

    Common goals, uncommon potential

    As a Quantitative Risk Analyst, you’ll bring a passion for data and data visualization to the Enterprise Risk Management team. Your inquisitive nature and ability to develop strong relationships will enable you to be the “go-to” resource in the Enterprise Risk Management organization for data analysis projects. Your reach and impact will extend beyond Enterprise Risk Management as you address financial, operational and strategic risks and collaborate with other departments and business lines to produce analytics that support risk assessments and decision-making. Your knowledge and understanding of data visualization will enable you to present your analysis in visually appealing and impactful ways to influence risk decision makers.

     

    What you’ll do as a Quantitative Risk Analyst:

    • Working across Enterprise Risk Management with Risk Officers and key representatives of the Bank’s first line of defense, manage the suite of risk metrics and dashboards used to monitor and escalate risk information to senior management and the Board, including metrics in the Bank’s Risk Appetite Statement and Key Risk Indicator dashboards.
    • Work with metric owners and the Enterprise Risk Management team to keep metrics current, ensuring that a robust rationale, supported by data analysis, exists for all metrics and their threshold levels.
    • Calibrate risk metric limits and thresholds through statistical analysis of underlying data sets.
    • Develop, manage and update the risk metric dashboards using Tableau.
    • Maintain the inventory of Risk Appetite Statement metrics and Key Risk Indicators and document their changes and evolution over time.
    • Support the Risk Analytics Director and Risk Officers in the identification of forward-looking risk metrics to support the monitoring of new or emerging risks within the Bank.
    • Leverage your passion for data and your advanced analytic skills to retrieve data from key Bank data repositories for risk metric analysis and other activities to support the Enterprise Risk Management team, including supporting the Risk Analytics Director and Risk Officers in performing ad hoc analysis on risk-specific situations (such as researching causes of risk appetite or Key Risk Indicator threshold/tolerance breaches); analyzing significant risks in the enterprise risk inventory and supporting Risk Officers with risk analysis and quantification through quantitative or scenario analysis; and creating dashboards and presenting your analysis using Tableau.
    • Work collaboratively with all the members of the Enterprise Risk Management team to support the evolution of the Enterprise Risk Management program.

     

    You could be a great fit if you have:

    • A bachelor’s degree in computer science, engineering, mathematics or a related field (preferred)
    • MBA or Master of Science (preferred)
    • Exceptional interpersonal and communication skills, along with the ability to work both independently and as part of a team 
    • A strong detail orientation and the ability to manage multiple complex projects concurrently 
    • Discretion with confidential information
    • Banking experience (preferred) or the ability to clearly articulate the transferability of out-of-industry skills
    • Prior experience in risk management or risk assessment at a financial institution or in consulting (preferred)
    • The ability to work with databases and write queries using SQL
    • Experience with programming in prototyping languages such as Python and statistical experience with languages such as R (preferred)
    • Experience using the Tableau data visualization tool
    • Communications and/or training experience
    • Excellent verbal and written communication skills and the ability to be a team player

    Own your work and your career — apply now

    Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.

     

    We want hardworking team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way.

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