Client Quantitative Analyst I - Secured Lending Analyst
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Wilmington, DE 19806
This position supports the Consumer Home Loan and CVL Product teams by providing analytics to drive improved results. Working in Secured Product Analytics the analyst will provide quantitative insights and consulting support to the line of business with a focus on improving acquisition, pull through, retention, recapture, and profitability. The analyst will also investigate internal and external data sources to enhance analytic output.
A key success factor will be the ability to define an unstructured analysis aligned to business questions. Familiarity with fundamental quantitative techniques and strong data skills are a must and familiarity with Marketing principles and Vehicle Lending or Home Loan data is ideal. With guidance from the Team Leader, they will partner with the line of business to define the analytic approach and scope of work aligned to the business question, partner across the analytic, data management, product and technology teams to source data, link and compile the appropriate data for the project and then work autonomously and organize their projects to set reasonable targets and deliver work within that targeted timeframe. Types of business questions/analysis include:
• Executing analyses across all origination channels through the application process to origination to understand market position and BACs opportunities
• Performing pipeline analysis and inform modeling efforts to identify gaps in the firm’s ability to capture greater share of new loans and drive higher conversion in all parts of the sale funnel
• Identifying innovative uses of customer data to target high-value business opportunities and drive improved performance
• Evaluating account usage, aligned to customer and account attributes, measure profitability of current strategies and use behavioral analytics to identify opportunities to stimulate usage
+ Identifying BAC potential opportunities within customers risk framework by leveraging customers’ credit profiles and sizing the opportunity and constraints aligned to the framework
+ Creating presentations to demonstrate conclusions, implications and actionable recommendations to senior stakeholders
+ Provide the Line of Business with actionable insights to improve retention, sales and balance growth. Utilize data from multiple sources (W, Mortgage SQLPlex, iOriginate, CVL ODS, Bank Mortgage Hub, THOR, credit bureau data, marketing files, and third party data) to construct meaningful analysis and insights to business questions
+ Translate business questions into analytics projects, create work tracking documentation, including objectives, and findings
+ Perform analyses to identify opportunities to: Increase applications and bookings and increase retention, capture and recapture
+ Conduct foundational analytics to inform state of the business and customer behaviors to serve as the baseline for future strategies / analytics
+ Create written presentations that succinctly summarize results and visually demonstrate key findings
+ Present insights, implications and actionable recommendations to stakeholders and analytics leaders
Posting Date : 07/24/2019
Wilmington, DE, BRACEBRIDGE III, 1100 N FRENCH ST,
Boston, MA, 100 FEDERAL ST (MA5100),
Charlotte, NC, ONE BANK OF AMERICA CENTER, 150 N COLLEGE ST,
Plano, TX, 5701 Legacy Dr (TX2798),
- United States
Travel : Yes, 5% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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