Quantitative Strategies Analyst

Description
Who We Are
At Cross River, we're building the financial infrastructure that powers global innovation. With our cutting-edge suite of embedded payments, cards, and lending solutions, we enable millions of businesses and consumers to transact seamlessly and securely. With 900+ employees worldwide and an R&D center of over 160 employees in Jerusalem - we're reshaping how financial technology is developed and delivered.

THE ROLE
We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker's list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

Who You Are

• Curious and analytical – You love digging into data, asking the right questions, and uncovering insights that others might miss.
• Clear communicator – You can explain complex findings in a way that's easy to understand, whether it's to compliance officers or business partners.
• Collaborative mindset – You enjoy working across teams and believe that the best solutions come from bringing different perspectives together.
• Mission-driven and detail-oriented – You care deeply about making a real-world impact and bringing focus and precision to everything you do.

What You'll Actually Be Doing

• As a key member of the Business Risk unit within QSG, you will work on risk model/tool development and management. Help the lead of the unit in second and third line liaisons, working closely with model owners to ensure model compliance.
• Under the leadership and mentorship of the lead of the unit, carryout light modeling activities including but not limited to model enhancements, error corrections, what-if analysis and outcome attributions. Author high quality model documentation, execute model monitoring plans and build solutions for identified model issues remediation.
• Participate in all model production runs necessary for regulatory, capital management and business processes. Take complete ownership of the assigned procedure, build presentation artifacts, ad-hoc analytics and conduct deep dives.
• Maintain model inventory and calendar for different activities like validation, model production for various usages, Q&A with second and third line etc.
• Participate in validation discussions with MRM including iterating on validation findings and proposed resolutions. Assist unit lead for off second and third line as well as external regulatory exams.

Requirements
What You Bring to the Table

• Strong quantitative & analytical skills: The role requires a strong quantitative background (PhD /Master Degree or equivalent) in Statistics, Mathematics, Operations Research, Physics, or a quantitative science
• Minimum 4+ years prior experience in an Analytics function, Model Development or Model Validation. Experience with Credit risk models and experience in model validation is preferable. Past experience working in a Model Risk Management function or a Model Risk Oversight function is a definite plus. Understanding of capital markets, securitizations, consumer credit products a plus.
• Strong communication skills: Verbal and Written (English), as well as excellent negotiation and diplomacy skills required. Risk and control mindset: Ask incisive questions, assess materiality of issues and escalate as required.
• Broad knowledge of relevant Modeling frameworks and standards. Sound project management /organizational skills: flexible, adaptable to shifting priorities to achieve the most effective result and able to work in a fast-paced environment is required.

WHY YOU'LL LOVE WORKING HERE
You'll help secure some of the most innovative products in fintech and crypto—while collaborating with brilliant, supportive teammates who care deeply about doing things the right way. Our security culture is proactive, collaborative, and continuously improving. You'll have the autonomy to lead impactful initiatives, influence design from day one, and grow alongside a team that's invested in modern tooling and professional development.

NEXT STEP
Hit Apply. Bring your
Quant
abilities. We'll bring the challenge – and the snacks.