A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits offered by CoBank
Careers with a purpose- stand for something!
Competitive Compensation & Incentive
Benefits Packages, including: Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
CoBank University robust curriculum -associate training and development, including higher education tuition reimbursement
Community Impact - United Way Angel Day, Volunteer Day and Associate Directed Contribution
Associate Resource Groups - creating a culture of diversity and inclusion
Recognize a fellow associate with "GEM" awards, including a monetary value
Remote day(s) available
On-site Fitness Center and Cafe
ECO transportation pass provided to every Denver associate
At CoBank, our Quantitative Risk Analyst supports CoBank initiatives by providing analytical insight and metrics to help inform business decisions. Contributes to the research and development of quantitative models, perform detailed analysis of data and output, and communicate results to relevant stakeholders.
Essential Duties
Contributes to the research and development of financial models incorporating credit and/or market risk elements.
Maintains data/documentation/parameters, performance monitoring, risk quantification and explanation/education of results.
Acts as subject matter expert by presenting results, findings, conclusions and recommendations to internal and external stakeholders such as: CoBank management, Model Risk Management, CoBank business units, and external validators.
Supports Quantitative Risk team and management during implementation of new models and/or research and development projects.
Provides analytic support for ad-hoc analysis and development of visualizations with potential of becoming a standard for the bank.
Researches internal and external data sources required for modeling. Investigation may require creation of new business rules for modeling purposes.
Identifies and applies business knowledge and rules required for model development.
Queries, manipulates, and analyzes large datasets.
Basic Qualifications
Master's degree in Quantitative Finance, Mathematics, Computer Science, Statistics or other relevant discipline.
Three (3) or more years of experience in quantitative finance; or an appropriate combination of education and experience.
Preferred Qualifications
FRM, PRM, and/or CFA certification.
Experience with Asset/Liability risk analyses principles such as interest rate risk, liquidity risk, funding risk, and currency risk.
Knowledge of the current regulatory framework on risk modeling. Knowledge of agriculture industry
Knowledge of the finance and lending industry including instrument structures/types and financial markets knowledge. Knowledge of overall risk management and finance concepts.
Knowledge and/or experience with credit risk modeling, loss forecasting, regression models and economic capital
Knowledge of financial, mathematical modeling theory and practice
Proficiency in statistical software packages such as SAS, Matlab, R, Python, VBA, or C++. Proficiency in data mining and understanding of relational databases, particularly in SAS and/or SQL.
Demonstrated expertise in problem solving.
Knowledge of vendor tools such as QRM, Moody's Risk Frontier, and Polypaths.
Excellent verbal, written and interpersonal skills, with the ability to work effectively and build relationships with associates and management at all levels across the bank.
Demonstrated initiative and motivation, with the ability to work independently and in a team environment.
About CoBank
CoBank stands strong as a $135 billion enterprise dedicated to the financial needs of rural America. As a national cooperative bank and a proud member of the Farm Credit System it is our mission to serve as a relevant and dependable provider of credit and other value-added financial services. From our headquarters in Denver, Colorado and our regional banking centers across the US, CoBank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.
CoBank will not sponsor a work visa (e.g. H1B, etc.) to fill this position.