Bank of the West Quantitative Analyst in San Ramon, California

Quantitative Analyst


What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.

Job Description Summary

Responsible for ensuring that the method employed for risk measurement and management is financially sound. The Quantitative Analyst will be will be responsible for assessing new modeling methodologies for implementation in the risk management practice and provide opinion on modeling and risk management of banking and derivative products. Actively involved in researching and modeling non-maturity deposit behavior.

Essential Job Functions

The Quantitative

ALM Analyst will be responsible for:

  • Performing data analysis and developing models (statisticalmodels, Machine Learning algorithms…) to forecast customer behavior across avariety of deposits and loan products: exercise of the prepayment optionembedded in loans, decay profiles and repricing models for deposits, drawdowns ofcredit lines…

  • Supporting and maintaining existing models which include datagathering, data analysis, model performance monitoring and testing, impactanalysis on risk metrics, and addressing model validator, auditor, or regulatorconcerns

  • Contributing to the team technological watch by preparing memos,presentations, and documentation of research and analysis based on academicpapers, new modeling technics (Machine Learning algorithms…), Big Dataenvironments…

  • Providing quantitative support to other Treasury ALM teams

  • Working closely with model validation and other Treasury ALManalysts



Required Experience

  • Bachelor's degree in a quantitative field, and 5 to 8 yearsof experience in statistical modeling or Master's or PhD degree in a quantitative field, and 5 yearsof experience in statistical modeling

  • Requires advanced knowledge of job area typically obtained throughadvanced education combined with experience.

  • May have practical knowledge of project management.


  • Bachelor's Degree in a quantitative field; Math, Statistics, Finance or Economics - Required

  • Master's Degree or PhD in a quantitative field; Math, Statistics, Finance or Economics - Preferred


  • Understanding of Treasury Asset Liability Management, InterestRate Risk and Liquidity risk is desired as well as knowledge of financialproducts

  • Strong data compilation, programming skills and qualitativeanalysis skills (knowledge of SQL preferred)

  • Strong statistical modeling background based on technical trainingor advanced education in a quantitative field

  • Advanced knowledge of various regression techniques, parametricand non-parametric algorithms, times series techniques, and other statisticalmodels, various model validation tests/methodologies, using SAS, R, Python orsimilar statistical package. Knowledge of some Machine Learning algorithms is aplus

  • Possess strong written and verbal communication skills

  • Must be able to write in a technical matter to clearly documentmodel development process

  • Demonstrated independence, team work and leadership skills

  • Strong project management skills

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.

Job: Accounting Finance

Location: United States-California-San Ramon

Requisition ID: 040776