Quantitative Solutions Consultant

Company Profile:

At FORVIS, your career is designed with a purpose. We want our team members to thrive professionally and feel the impact their work yields when serving clients, industries, and local communities. This starts by empowering team members to design a career journey that leverages their skills and fuels their passions.

Creating a best-in-class employee experience is at the heart of our vision for the future. With several industry focus areas, multiple service lines, and locations in five geographical regions across the country to choose from, the opportunities for your career are without limit.

About FORVIS

FORVIS is a Top-10 professional services firm providing assurance, tax, and advisory services, driven by our commitment to using our forward vision to provide rewarding career opportunities and deliver unmatched client experiences. Learn more at FORVIS.com

Design your career with purpose at FORVIS. For more information about our firm locations, visit FORVIS.com. FORVIS, LLP is an equal opportunity/affirmative action employer. Employment selection and related decisions are made without regard to age, race, color, sex, sexual orientation, national origin, religion, genetic information, disability, protected veteran status, or other protected classifications.

It is FORVIS's standard policy not to accept unsolicited referrals or resumes from any source other than directly from candidates.

• FORVIS expressly reserves the right not to consider unsolicited referrals and/or resumes from vendors including and without limitation, search firms, staffing agencies, fee-based referral services, and recruiting agencies.
• FORVIS further reserves the right not to pay a fee to a recruiter or agency unless such recruiter or agency has a signed vendor agreement with FORVIS.
• Any resume or CV submitted to any employee of FORVIS without having a FORVIS vendor agreement in place will be considered the property of FORVIS.

Requisition Number: 2234467

Position Title:

External Description: Description & Requirements

We are seeking a skilled and motivated Quantitative Solutions Consultant, who is looking to develop their career in quantitative and risk management consulting. As a Consultant, you will have the opportunity to serve financial services clients alongside subject matter experts to deliver forward thinking solutions to help our clients identify, monitor, and manage model risk, as well as ensure regulatory compliance. Our Quantitative Solutions practice provides model risk management, model development, model implementation, model validation, model operations, and AI solutions across industries. We are looking for a qualified individual to help our practice grow.

How you will contribute:

• Ensure models are designed, deployed, and performing as expected by executing model validations, which includes an assessment of the model's conceptual soundness, data inputs and outputs, assumptions and overlays, as well as performance indicators such as back testing and benchmarking analysis.
• Review model risk management frameworks to ensure governance mechanisms are in place, well designed, and robust so that model risk can be effectively managed.
• Design, develop, and / or deploy reporting and oversight frameworks to assist clients in integrating sound and effective risk management practices.
• Perform model reviews and model audits in coordination with the second and third lines of defense to ensure that model calculations, data, and assumptions are correct and can be relied upon, and that models are subject to adequate due diligence and review and challenge.
• Execute model validation testing to confirm the accuracy of the model calculations, which will require analytical, mathematical, and statistical skills and expertise.
• Perform effective review and challenge through validation, audit, or other review which may involve BSA/AML, CECL, ALM, stress testing, scorecard, compliance/regulatory, pricing/valuation, regression, and economic capital models, among others.

We are looking for people who are motivated and forward thinking, and demonstrate:

• An ability to prioritize multiple tasks simultaneously;
• Strong analytical and organizational skills with particular attention to detail;
• Critical thinking and problem-solving skills that support delivering individualized solutions to clients;
• Proficiency with standard analytical systems such as R, Python, Alteryx, SAS, Excel, etc.;
• Highly effective verbal and written communication skills with strong report writing capabilities;
• A self-starter mentality with the ability to be agile and collaborative.

Minimum Qualifications:

• Bachelor's degree in finance, economics, accounting, statistics, data analytics/science or other quantitative fields.
• Ability to read programming in languages such as R, or Python and database management such as SQL.
• Experience with data analysis, quantitative analysis, and data validation, and common modeling techniques/methodologies.

Preferred Qualifications:

• Experience coding in R, Python, SAS or other programming language

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City: New York

State: New York

Community / Marketing Title: Quantitative Solutions Consultant

Location_formattedLocationLong: New York, New York US

CountryEEOText_Description:

With a legacy spanning more than 100 years, Forvis Mazars is committed to providing a different perspective and an unmatched client experience that feels right, personal and natural. We respect and reflect the range of perspectives, knowledge and local understanding of our people and clients. We take the time to listen to deliver consistent audit and assurance, tax, advisory and consulting services worldwide.

We nurture a deep understanding of our clients’ industries, delivering greater insight, deeper specialization and tailored solutions through people who listen to understand, are responsive and consult with purpose to deliver value.

About Forvis Mazars, LLP

Forvis Mazars, LLP is an independent member of Forvis Mazars Global, a leading global professional services network. Ranked among the largest public accounting firms in the United States, the firm’s 7,000 dedicated team members provide an Unmatched Client Experience® through the delivery of assurance, tax, and consulting services for clients in all 50 states and internationally through the global network. Visit forvismazars.us to learn more.

Forvis Mazars, LLP is an equal opportunity/affirmative action employer. Employment selection and related decisions are made without regard to age, race, color, sex, sexual orientation, national origin, religion, genetic information, disability, protected veteran status, gender identity, or other protected classifications.
It is Forvis Mazars, LLP standard policy not to accept unsolicited referrals or resumes from any source other than directly from candidates.

Forvis Mazars, LLP expressly reserves the right not to consider unsolicited referrals and/or resumes from vendors including and without limitation, search firms, staffing agencies, fee-based referral services, and recruiting agencies.
Forvis Mazars, LLP further reserves the right not to pay a fee to a recruiter or agency unless such recruiter or agency has a signed vendor agreement with Forvis Mazars, LLP.Any resume or CV submitted to any employee of Forvis Mazars, LLP without having a Forvis Mazars, LLP vendor agreement in place will be considered the property of Forvis Mazars, LLP.