Quantitative Model Risk Validation Analyst - Remote

Overview

Busey Bank is seeking a Quantitative Model Risk Validation Analyst to lead model validation and review engagements, ensuring compliance with internal policies and regulatory requirements.

In Short

• Lead independent model review processes.
• Develop validation schedules for model assessments.
• Facilitate internal and external model validations.
• Produce comprehensive model validation reports.
• Engage and negotiate with vendors for validations.
• Provide consultation on risk mitigation and model development.
• Monitor model performance and report findings.
• Collaborate with governance committees on model risks.
• Maintain and evolve model documentation and requirements.
• Participate in industry calls for regulatory updates.

Requirements

• Bachelor’s Degree in Economics, Math, Statistics, Finance or related field.
• At least five years of model validation experience.
• Advanced skills in Microsoft Office (Excel, PowerPoint, Word).
• Intermediate programming skills (R, Python).
• Experience with Archer Governance, Risk, and Compliance platform.
• Strong financial and credit acumen.
• Excellent communication and organizational skills.
• Ability to work independently and in teams.
• Attention to detail and analytical thinking.
• Customer service orientation.

Benefits

• Competitive salary based on qualifications and experience.
• Bonus or incentives based on performance.
• 401(k) match and profit sharing.
• Employee stock purchase plan.
• Comprehensive medical, dental, and vision insurance.
• Company-paid life insurance and long-term disability.
• Paid time off and wellness incentives.
• Employee assistance program.
• Flexible spending accounts.
• Focus on personal and professional well-being.