14 hours

Quantitative Capital Management Lead

Omaha, NE
  • Job Code
JobTitle: Quantitative Capital Management Lead
Job ID: 380
Salary Range: 107950.0- 170060.0
Job Category: Risk Management
Grade Level: 26E
Employment type: Full-Time
Relocation Available: Yes
Closing Date: Feb 3, 2019
Location: Omaha
Team: Enterprise Modeling

Position Description:


The Enterprise Modeling team promotes a culture of evidence-based decision making and supports FCSAmerica’s strategic objectives by developing and maintaining analytical solutions that provide insights within the Association and across the Farm Credit System. The incumbent will manage the team’s quantitative capital management program and its suite of models designed for capital management. Key models for capital management forecast and set reserves for credit losses (Allowance for Loan and Lease Losses), tie to financial planning and scenario analyses (Stress Testing), assess capital adequacy (Economic Capital), and enable diversification tactics (RAROC). The Quantitative Capital Management Lead will work with teams, senior leaders, and committees across the association to foster an effective program. Further, the lead will rely on modern and advanced techniques found in statistics, machine learning, quantitative finance and similar fields to enhance the team’s models for capital management.


None; however, the incumbent will provide indirect leadership to Quantitative Analysts 


Key responsibilities include, but are not limited to, the following:

  1. Program Management
    1. Manage a collection of projects under the quantitative capital management program to help achieve Enterprise Modeling’s mission. Prioritize projects tied to the program, plan for their execution, and provide daily oversight to make project choices that impact the program. Recommend changes in project scope or objectives to the VP-Enterprise Modeling.
    2. Ensure consistent rigor and quality in model development, validation, implementation, and maintenance for projects tied to the program.
    3. Make certain that all program models are built and operate in accordance with the Association’s model governance framework
    4. Mentor and guide teammates working projects tied to the program
  2. Quantitative Capital Management
    1. Lead the improvement and support of the team’s suite of models designed for capital management, including allowance for loan and lease losses, stress testing, economic capital and risk-adjusted return on capital. Results for these parent models stem from forecasts, scenario analyses, and simulations conducted on a common set of component models (i.e., those listed below) requiring enhancements and maintenance. The lead will ensure that component models function across parent models and that parent models operate in coherence.
      1. Probability of Default (PD) & Migration
      2. Loss Given Default (LGD)
      3. Utilization
      4. Prepayment
      5. Growth
      6. Interest Rate Forecasts
    2. Lead development and implementation efforts on models designed for capital management. The incumbent will gather and meet business requirements, construct applicable and accurate development datasets, and explore, estimate, and test alternative approaches in order to set methodology. Moreover, the lead will implement models that maintain their functional integrity. Often, the lead will manage these development and implementation efforts with assistance from Quantitative Analysts on the team.
    3. Make certain that independent and effective validation for conceptual soundness takes place prior to model implementations and establish ongoing monitoring routines and outcomes analyses.
    4. Create and sustain a comprehensive process for reporting model results and back-end research to provide insights and promote decision-usefulness. Share results and findings with key parties across the association, including senior leaders and relevant committees. Confirm the integrity of results generated by Quantitative Analysts and educate these individuals on how best to use model outputs.


The ideal candidate holds an advanced degree in an analytical field such as mathematics, statistics, computer sciences, economics, actuarial sciences, or finance. Alternatively, the candidate may hold a bachelor’s degree with relevant certification (e.g., CFA, FRM, FSA/ASA/CERA). The ideal candidate will have six to eight years of experience in enterprise risk management, (investment) portfolio management, or asset-liability management, and five years of experience developing and implementing models for these purposes. Three to five years of experience leading projects is also preferred.

Duties require:

    1. Capacity to grow, support, and optimize a program of complex and analytical projects
    2. Ability to formulate capital management strategies and models
    3. Ability to provide sound technical and strategic advice to leaders and other staff in the subject field(s) related to this position
    4. Ability to lead large projects from start to finish in a timely and effective manner, coordinating efforts with other parties involved
    5. Teamwork and a strong sense of accountability
    6. Ability to analyze, evaluate, and develop solutions to complex problems
    7. Strong statistical acumen with in-depth knowledge of risk modeling. Experience with statistical programming languages such as R, Python, SAS, etc.
    8. Strong computer literacy and proficiency in data querying tools (e.g., SQL, SAS, etc.)
    9. Strong written and oral communication skills
    10. Strong interpersonal and relationship skills
    11. Ability to interpret policy, programs, and regulations
    12. A maintained awareness of social, economic, governmental, and environmental forces impacting agriculture and/or risk management
    13. Ability to speak and make presentations to individuals or groups on technical subjects related to the job


    All levels of Association team members; internal legal counsel; state and federal agencies; FCA; FCC; other Farm Credit entities, commercial lenders, external technology vendors. 


      1. Ability to work effectively in a team environment and effectively demonstrate team building attitude and skills.
      2. Proficient in Windows environment using Microsoft Word, Excel, and Internet Explorer.
      3. Ability to reason, judge, compare, calculate, evaluate and critique such information as written materials, numerical data, responses to customer needs and/or other work related activities.
      4. Ability to complete work in an acceptable timeframe and manage a variety of detailed tasks and responsibilities simultaneously and with accuracy to meet deadlines, goals, and objectives and satisfy internal and external customer needs related to the job.
      5. Ability to understand and explain various subject matter and consult on concepts, programs, terminology and methods.
      6. Ability to operate the telephone and respond to calls and in-person inquiries.
      7. Ability to move about the office with occasional reaching and bending.
      8. Ability to successfully interact with and represent the organization to staff, officers, board members, customers, industry specialists, and the public at all levels.
      9. Ability to use a keyboard/calculator/computer. This involves reading the screen and keying/typing information.
      10. Ability to use and understand various computer software related to carrying out essential responsibilities of the position.
      11. Ability to compose, correct, and edit written, word processed, and typed work.
      12. Ability to travel by auto or commercial transportation (up to 10%) to carry out essential responsibilities.

      We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

      This document does not create an employment contract, implied or otherwise, other than \"at will\" employment relationship.

      Requirements of the job include the ability to do the work, with or without reasonable accommodations. It is the Associations’ policy to make reasonable accommodations for individuals with disabilities. Leadership retains the right to add, subtract or change duties of the position at any time.



      • Banking / Finance
      Posted: 2019-01-17 Expires: 2019-02-16
      Sponsored by:
      Farm Credit Services of America Logo
      Sponsored by:
      Bank of America Logo

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      Quantitative Capital Management Lead

      Farm Credit Services of America
      Omaha, NE

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