Model Risk Analyst III - Validation - Remote

Overview

Responsible for conducting day-to-day model validation activities. Will interact with model specific lines of business and support areas.

In Short

• Conduct independent review and validation of models used in the organization.
• Focus on assessing risk and validating specific categories of models across the Bank.
• Ensure compliance with SR 11-07.
• Maintain internal control standards and implement audit points.
• Plan, organize, and produce results for model validation activities.
• Interact with internal and external stakeholders/vendors.
• Maximize shareholder return through effective model risk management.
• Individual contributor role with no supervisory responsibilities.
• Requires a Bachelor's degree and relevant work experience.
• Technical knowledge of advanced analytics software is required.

Requirements

• Bachelor's Degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline.
• 3 years of experience in model development or validation.
• Minimum of 5 years of higher education and relevant work experience.
• Technical knowledge of advanced software packages used in analytics.
• Master’s degree in Business Administration (MBA) or advanced degree preferred.

Benefits

• Competitive pay and benefits.
• Medical and retirement benefits.
• Forty hours of paid volunteer time each year.
• Support for growth and development of team members.