--- title: 'Quantitative Analyst at Banner Bank' canonical: 'https://feeny.ai/job/quantitative-analyst-banner-bank-seattle-7nqa69bnjebw' type: 'job' last_seen: '2026-09-07' --- # Quantitative Analyst at Banner Bank - **Company:** Banner Bank - **Location:** Seattle, WA - **Employment:** full-time - **Work type:** hybrid - **Posted:** 2026-03-19 - **Last confirmed live:** 2026-09-07 - **Apply:** https://jobs.lever.co/bannerbank/48acf44a-e266-4c79-b30a-022f3fe5b443 ## Job description More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year. With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations. Join us as a Quantitative Analyst and help drive the modeling and analytical insights that support critical decision‑making across the bank. In this role, you’ll build and enhance models that guide risk management, financial performance, and regulatory compliance. Your work will directly influence strategic planning while partnering with teams who value collaboration, growth, and high performance. In this role you'll - Develop and document models used for stress testing in alignment with regulatory requirements, including DFAST and Basel III. - Develop, document, and maintain quantitative tools and models that measure risks to earnings and capital, including probability of default, loss given default, and exposure at default. - Evaluate and enhance models to ensure relevance, accuracy, and ongoing compliance with regulatory expectations. - Serve as a subject matter expert in risk quantification and modeling, collaborating with business partners, risk teams, and regulatory authorities. - Prepare and provide data, model insights, and documentation for regulators, auditors, and consultants. - Communicate model results, findings, and recommendations clearly and effectively to all levels of management. - Analyze and translate data from multiple sources into meaningful business intelligence that supports sound financial and operational decisions. - Ensure compliance with policies, procedures, security requirements, and relevant government regulations. ## What we're looking for - You have a Bachelor’s degree in Finance, Economics, Statistics, or Mathematics (Required). - You have a Master’s degree (Preferred). - You have 4 or more years of experience with SQL, R, and Power BI (Required). - You have 2 or more years of experience in a modeling discipline within Banking or Capital Markets at a DFAST or CCAR institution or consulting firm (Preferred). - You have 2 or more years of experience in financial and business analysis (Preferred). - An equivalent combination of education and experience can be considered in lieu of a degree. What helps you shine - You bring strong interpersonal skills and enjoy collaborating with partners across the organization. - You excel at managing projects and adapting to evolving requirements while meeting tight deadlines. - You are proficient in at least one programming language, such as R. - You have experience developing models in PPNR, Credit Risk, or Market Risk. - You understand time‑series models, including ARCH/GARCH, and have experience with time‑series and panel data analysis. - You are familiar with linear and nonlinear generalized linear mixed models. - You understand interdependence between risk factors, including variance‑covariance methods and copulas, and can apply key statistical distributions in analysis. - You are knowledgeable about federal and state laws related to accounting, financial reporting, and stress‑testing models. Travel - 0% Our Company Values - Do the right thing - Mutual respect - Teamwork - Accountability What Our Team Says "I have the opportunity to learn and grow every day in my current role. I love the work life balance, knowing that we work hard, and strive for high performance but we are celebrated." ## Compensation & Benefits - Targeted starting salary range (based on experience): $88,657-104,303 - Annual incentive potential - Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life - Paid vacation time, sick time and 11 company paid holidays - 401k (with up to 4% match) - Tuition reimbursement Review Banner's employee benefits at: Employee Benefits | Banner Bank Please take time to review Banner Bank's Consent & Privacy notice before applying. Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status. Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral. ## About Banner Bank ## Company Overview - **One-liner**: Banner Bank is a full-service financial institution offering personal, business, commercial, and home loan solutions across the Western United States, built on a legacy of community-focused banking. - **Entity Type**: Public (parent company Banner Corporation) - **Headquarters**: Walla Walla, Washington, USA - **Founded**: 1890 - **Founders**: Not publicly available ## Core Business - **Primary industry**: Banking and financial services (retail, commercial, mortgage, wealth management) - **Target customers**: Personal banking clients, small businesses (revenue up to $10M), commercial enterprises (revenue >$10M), homebuyers, and investors - **Mission statement**: *“Banner Bank is a dynamic full-service financial institution, operating safely and profitably within a framework of shared integrity. Working as a team, we will deliver superior products and services to our valued clients. We will emphasize strong client relationships and a high level of community involvement. We will provide a culture which attracts, empowers, rewards and provides growth opportunities for employees. Our success will build long-term shareholder value.”* [bannerbank.com/about-us](https://www.bannerbank.com/about-us) ## Products & Services - **Personal Banking**: Checking, savings & money market accounts, CDs & IRAs, debit cards, online & mobile banking. - **Credit & Loans (Personal)**: Credit cards, personal loans, student loans, vehicle loans, home equity lines of credit, digital lending. - **Business Banking** (revenue ≤$10M): Business checking & savings, merchant services, treasury management, business credit cards, equipment & term loans, SBA lending. - **Commercial Banking** (revenue >$10M): Deposit accounts, international banking, treasury management, agriculture loans, commercial real estate financing, SBA lending. - **Home Loans**: Construction/renovation loans, conventional, FHA & VA loans, first-time homebuyer programs, land & lot loans, manufactured home financing. - **Wealth and Investments**: Investment management and advisory services. ## Market Standing - **Valuation/Market Cap**: Not disclosed in provided sources (public company; assets exceed $16 billion) - **Key Metric**: Total assets >$16 billion [bannerbank.com/about-us](https://www.bannerbank.com/about-us) - **Notable Investors/Partners**: None listed; however, the bank is a publicly traded entity under Banner Corporation. - **Growth Signals**: - Named one of Forbes’ 100 Best Banks in America for nine consecutive years. - Recognized by Newsweek as one of the Most Trustworthy Companies in America. - Bauer Financial has assigned its top five-star rating for more than 12 consecutive years. - Engaged with nearly 1,000 charitable causes in the past year, contributing nearly $2 million and thousands of volunteer hours. - Operates across four states (Washington, Idaho, Oregon, California) with a growing regional franchise. ## Competitive Advantages - **Local decision-making**: Unlike larger national banks, Banner emphasizes local bankers who know their communities and can make decisions quickly. - **Long-standing reputation**: Over 135 years of history in the West, building trust and deep community ties. - **Financial strength**: Consistently high ratings from Bauer Financial and Forbes, indicating stability and sound management. - **Community focus**: Strong commitment to giving back (food drives, charitable contributions) differentiates them from purely profit-driven institutions. ## Strategic Focus - **Vision**: To be the best provider of financial services in the West. - **Priorities**: Expand regional franchise, deepen client relationships through personalized service, invest in digital banking capabilities, and maintain a culture of integrity and teamwork. - **Community involvement** remains a core pillar, with emphasis on shelter/housing, small business development, and employee volunteerism. ## Why Work Here - **Culture**: Values of honesty, integrity, mutual respect, quality, trust, and teamwork are central. The bank states it “attracts, empowers, rewards and provides growth opportunities for employees.” - **Work model**: Offers both on-site and hybrid roles across Washington, California, Oregon, Idaho, and Utah (e.g., Commercial Relationship Managers, Branch Managers, Loan Specialists) [jobs.lever.co/bannerbank](https://jobs.lever.co/bannerbank). - **Community engagement**: Employees are encouraged to volunteer; the bank supports organizations where employees are active volunteers. - **Recognition**: Being part of a Forbes and Newsweek award-winning institution adds to employer brand credibility. - **Perks**: Not explicitly listed, but the bank’s “Dream Big Giveaway” (e.g., $100,000 prize) and fall food drives reflect a culture that values both fun and social responsibility. ## Sources 1. [Banner Bank Careers Page](https://www.bannerbank.com/about-us/careers) 2. [Banner Bank About Us (History, Mission, Values)](https://www.bannerbank.com/about-us) 3. [Banner Bank Current Career Opportunities (Lever)](https://jobs.lever.co/bannerbank) 4. [Banner Bank Homepage](https://www.bannerbank.com/) 5. 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