Model Risk Management - Senior Director

Job Description

• Work with model developers and rating teams to provide oversight of and guidance on: - Validation of proposed models; - Controls around model usage and restrictions/limitations; - Ongoing model performance and testing; and - Adherence to model policy requirements and methodologies. • Interface with regulators and/or stakeholders to respond to any methodology- or model-related inquiries. • Coordinate Model Risk Management meetings; prepare meeting agenda; collect/organize meeting materials and track action items. • Maintain model and analytical tool inventory.

Qualifications

• Bachelor’s degree in a subject with quantitative elements. An MBA or MS is highly desired. • A minimum of seven (7) or more years of relevant model risk management or financial audit experience. • Two (2) or more years of experience in data science, modeling, or related field is helpful. • Significant experience using, developing, and validating models. • Strong verbal, written and presentation skills are essential. • Ability to interface with other functional areas within the firm and/or external parties on model-related issues. • Strong proficiency with R and/or Python and the use of a scripted query language is preferred.

Benefits

• A hybrid work schedule (Tuesday, Wednesday, and Thursday) • Competitive benefits and paid time off • Paid family and disability leave • 401(k) plan, including employer match (100% vested) • Educational and professional development financial assistance • Employee referral bonus program • Cell phone reimbursement