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data

Posted 21 hours ago

Director Quant Engineer, Finance Analytics

at Webster Bank

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Responsibilities

  • Design, develop, implement, and maintain robust data workflows supporting financial planning, forecasting, reporting, and credit analytics.
  • Lead the development, implementation, and maintenance of CECL credit loss models supporting regulatory reserving, stress testing, and underwriting activities.
  • Develop deep expertise in Webster’s data platforms, systems, tools, and reporting environments.
  • Create intuitive reports, dashboards, and data visualizations that enable effective decision-making across the organization.
  • Anticipate, identify, and resolve data quality, workflow, and operational challenges impacting model and reporting processes.
  • Maintain comprehensive workpapers and development documentation supporting governance, audit, validation, and regulatory requirements.
  • Author technical documentation detailing model design, development, testing, implementation, and ongoing enhancements.
  • Lead and/or participate in discussions with Executive Management, Model Risk Management, Audit, Regulatory, and cross-functional project teams.
  • Drive continuous improvement initiatives by identifying opportunities to automate processes and enhance analytical capabilities. Required Skills &

Requirements

  • experience within a commercial bank or financial institution. Strong
  • experience working with complex relational databases and large-scale data structures using Oracle, SQL, or similar technologies. Advanced proficiency in Python, SAS, and/or R programming languages.
  • Experience with workflow orchestration tools such as Apache Airflow or similar platforms.
  • Strong understanding of software development lifecycle methodologies, coding standards, testing frameworks, and deployment practices.
  • Experience building analytical solutions supporting financial, credit risk, forecasting, or reporting functions.
  • Knowledge of commercial and consumer banking products, processes, and operations.
  • Demonstrated ability to manage multiple priorities and deliver high-quality results in a fast-paced environment.
  • Excellent written and verbal communication skills with the ability to explain complex concepts to diverse audiences.
  • Experience supporting CECL, stress testing, underwriting, loss forecasting, or credit risk analytics functions.
  • Knowledge of dashboarding and reporting tools such as Tableau, Qlik Sense, or similar business intelligence platforms.
  • Experience supporting model governance, validation, audit, and regulatory review processes. Strong understanding of financial planning and analysis processes within a banking environment.
  • Experience developing enterprise-scale data platforms and analytical solutions.
  • Proven ability to collaborate effectively across Finance, Risk, IT, Data Management, and business organizations.
  • Experience driving process automation and workflow optimization initiatives.
  • Familiarity with model risk management frameworks and regulatory expectations.
  • Education Bachelor's degree in Computer Science, Engineering, Data Science, Information Systems, Mathematics, Statistics, Finance, Economics, or a related quantitative field required.
  • Master's degree in a quantitative discipline preferred.

Experience

  • Experience 10+ years of software engineering, data engineering, analytics, or quantitative modeling

Benefits

  • The estimated salary range for this position is $150,000 USD to $170,000 USD .
  • Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location.
  • In addition, this position is eligible for incentive compensation.

Additional details

  • If you’re looking for a meaningful career, you’ll find it here at Webster.
  • Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals.
  • As a leading commercial bank, we remain passionate about serving our clients and supporting our communities.
  • Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.
  • Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work! The role involves gathering and understanding FP&A business requirements; Webster's data systems and tools; designing coding and maintaining data workflows; anticipating and resolving data challenges; user-friendly reports and dashboards; and clearly communicating results.
  • The individual needs to collaborate with IT, Data Team, and LoB partners in developing data workflows, data analysis and reporting.
  • The scope includes working across one or more of our main verticals: R&D, Quarterly Production, and/or Credit Scorecards.
  • The Quant Engineer role is right for you if you're a "hands-on" coder and analyst, who takes ownership and puts the business first.
  • Job Description Summary If you’re looking for a meaningful career, you’ll find it here at Webster.
  • Founded in 1935, our focus has always been to put people first, doing whatever we can to help individuals, families, businesses, and our colleagues achieve their financial goals.

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