Principal Quantitative Modeler

McLean 1 (19050), United States of America, McLean, Virginia

Principal Quantitative Modeler

Capital One, a Fortune 500 company and one of the nation’s top 10 banks, is one of the largest, most analytically sophisticated Financial Services providers in the world. We offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared values, come together to make Capital One a great company and a great place to work. 

Expertise in quantitative analysis is central to our success in all these markets. Our 100+ modelers thrive in a culture of mutual respect, excellence and innovation. We have several opportunities available for top-notch quantitative professionals.

This position is part of Capital One’s Risk Management division. Successful candidates will partner cross-functionally with business throughout the company to deliver breakthrough analytical solutions to support a winning strategy in a continually changing business environment.


• Development, enhancement and implementation of statistical and other quantitative models to support loss forecasting, Basel and economic capital calculations, and other business applications

• Understanding technical issues in econometric and statistical modeling and applying these skills toward solving business problems

• Full ownership of the model development process: from conceptualization through data exploration, model selection and validation, implementation, business user training

• Monitoring statistical model performance and providing technical guidance to business leadership

• Identifying opportunities to apply quantitative methods to improve business performance

• Communicating technical subject matter clearly and concisely to individuals from various backgrounds

Basic Qualifications:

• Master’s degree in Economics, Statistics, Mathematics, Financial Engineering or Operations Research

• At least 2 years’ experience in Statistical or Econometrics hands-on work

• At least 2 years’ experience using SAS


• PhD in Economics, Statistics, Mathematics or other related fields of study

• Experience with very large datasets

• Background and experience in consumer or commercial risk, especially scoring, and forecasting models

• Ability to communicate effectively and influence others

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

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