What are the responsibilities and job description for the Quantitative Analyst position at East West Bank?
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
Overview
The Quantitative Analyst provides analytical and operational support while conducts quantitative analysis for liquidity risk, market risk, asset-liability management and capital management.
Responsibilities
- Designing, implementing, deploying and maintaining quantitative analysis solutions written in SQL and Python.
- Assisting in financial modelling. Providing financial and analytical, modeling expertise to build, run, back-test and improve quantitative models. Conducting testing over the model’s conceptual soundness, assumptions, and appropriateness of the model methodology. Maintaining financial models and model documentation for auditing and validation.
- Designing queries and manipulating large volumes of data to create reporting which identifies and interprets business trends. Analyzing large datasets and performing data cleansing and manipulation.
- Developing, preparing, reconciling, and modifying recurring/ad-hoc monitoring and management reports.
- Responsible for operations, monitoring, financial analysis, and management reporting for a variety of financial instruments and exposure.
- Maintaining functional and technical artifacts including model documentations and data mappings. Responding to related findings from the Risk and others.
- Identifying, researching, and proposing changes to operating procedures and policies to effectuate positive impact.
- Performing other analysis and research assignments as directed.
- Performing all other job duties as needed.
Qualifications
- 3 years of experience in related field preferred
- Bachelor’s degree required, preferably in a quantitative field (e.g., Economics, Finance, Mathematics, Statistics, Actuarial Science, Data Science).
- An advanced degree in a quantitative field and/or a professional certification directly related to financial risk management (such as CFA, FRM) is a strong plus.
- Experience with object-oriented programming languages is required (e.g. Python, R).
- Experience with SQL and building ETL pipelines is required.
- Experience with diagnostic testing of statistical models is strongly preferred, especially the ability to identify and recommend the substantive changes that are needed to address any problems identified in diagnostic testing.
- Proficiency with Microsoft Office is required. Experience with VBA, Power BI is a plus.
- Strong analytical and math skills is a must. Enthusiastic about solving large, complicated problems and challenges.
- Strong work ethic and intellectual curiosity.
- Strong organizational, critical thinking, and customer service skills.
- Ability to multi-task and manage competing deadlines.
- Ability to meet tight timelines and prioritize workloads.
- Excellent communication and analytical skills.
- Strong command of English.
- Ability to work both independently and in a team setting.