Quantitative Risk Analyst II

Position Summary

The Quantitative Risk Analyst II supports the Financial Risk Management and Enterprise Risk Management functions through quantitative analysis, risk reporting, balance sheet analytics, model development, and automated reporting. This role focuses on market risk, liquidity risk, deposit analytics, and enterprise risk monitoring, while providing analytical support for credit risk and stress testing initiatives. Partners with Treasury, Finance, Credit Administration, and Risk teams to leverage data and analytical tools to identify emerging risks, enhance risk measurement, improve reporting efficiency, and support strategic decision-making through data-driven insights.

Duties & Responsibilities

Risk Analytics and Reporting

• Develop, maintain, and enhance recurring risk reporting packages, dashboards, and analytical tools supporting Financial Risk Management and Enterprise Risk Management activities.
• Produce meaningful analysis and reporting related to market risk, liquidity risk, credit risk, capital risk, and emerging enterprise risks.
• Monitor and report key risk indicators, early warning indicators, and concentration measures.
• Design and maintain executive-level reporting and visualizations for management.
• Identify notable trends, anomalies, and emerging risks through ongoing analysis of internal and external data sources.

Market Risk and Balance Sheet Analytics

• Perform quantitative analysis of interest rate risk and analyze balance sheet composition and trends to support strategic decision-making and risk oversight activities.
• Support development of analytical frameworks used to assess the impact of changing economic and market conditions on earnings, capital, and liquidity.
• Research and analyze macroeconomic, industry, and financial market trends to identify potential implications for the Bank's risk profile.

Deposit and Liquidity Risk Analytics

• Assist in the development and enhancement of deposit behavior models, attrition analyses, deposit segmentation methodologies, and funding stability assessments.
• Support analysis of uninsured deposits, deposit concentration metrics, customer behavior patterns, pricing sensitivity, and other liquidity-related risk indicators.
• Produce analytical reporting related to funding sources, liquidity trends, and balance sheet stability.
• Collaborate with Treasury and Finance to evaluate liquidity stress assumptions and changing customer behaviors across varying economic environments.

Quantitative Modeling and Data Analytics

• Support the development, testing, implementation, monitoring, and enhancement of quantitative models used for risk measurement and decision support.
• Apply statistical, econometric, forecasting, and data analysis techniques to evaluate relationships between economic variables and portfolio performance.
• Utilize Python, SQL, and other analytical tools to develop automated processes, scenario analyses, forecasting solutions, and decision-support tools.

Stress Testing Support

• Support enterprise stress testing activities through data preparation, scenario analysis, forecasting support, model execution, and reporting.
• Assist in the preparation of analytical materials supporting loan portfolio, liquidity, and capital stress testing exercises.
• Research economic trends and scenario drivers used in stress testing activities.
• Provide quantitative support for management review and interpretation of stress testing results.

Innovation and Process Improvement

• Identify opportunities to improve efficiency, accuracy, and scalability through automation and process redesign that help to reduce manual effort and improve data integrity.
• Utilize modern analytical technologies, including artificial intelligence, machine learning, advanced analytics, and business intelligence platforms, to enhance reporting and analytical capabilities.
• Special projects and initiatives that support ongoing risk management framework enhancements.

Education & Experience

Required Education

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Financial Engineering, Data Science or a closely related field.

Required Experience

• 3-5 years of experience in banking, financial services, treasury, finance, risk management, portfolio analytics, quantitative analytics, or related disciplines.
• Intermediate to advanced Microsoft Excel skills.
• Experience with Power BI, Tableau, or similar business intelligence / data visualization platforms.
• Strong knowledge of financial statement analysis.
• Experience performing quantitative analysis using large and complex datasets.
• Experience developing automated reporting, analytical tools, dashboards, or risk reporting processes.
• Experience using Python, SQL, or similar analytical programming languages.
• Experience communicating analytical findings to technical and non-technical stakeholders.

Preferred Experience

• Banking industry experience involves market risk, liquidity risk, treasury, ALM, or portfolio analytics.
• Experience supporting deposit analytics, balance sheet risk management, or funding risk assessments.
• Experience utilizing Moody's analytical solutions (Moody’s Analytics, EFX, CMM).
• Experience applying statistical, econometric, forecasting, or machine learning techniques.
• AI-assisted development and workflow automation tools

Every day, our associates live Busey’s core values, doing better business, building stronger relationships and creating thriving communities, while delivering meaningful value to shareholders.

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $71,000 - 92,000/year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.

Originally posted on Himalayas