virtual vocationsNew York, NY
Model Risk Manager
Model Risk Manager
Model Risk Manager
virtual vocationsNew York, NY
4 days ago
Other Management Consulting ServicesAdministrative Management and General Management Consulting ServicesOther Scientific and Technical Consulting Services
Apply for this role (opens in a new tab)To support the growth of a regulated banking environment, the full-time Model Risk Manager will manage model validations and provide independent reviews across various risk areas, collaborating closely with multiple teams in a remote setting within the United States or Canada.
Key responsibilities:
Perform independent validations and reviews of models related to credit, fraud, BSA/AML, finance, and operational risk
Evaluate model methodologies, assumptions, and performance through various testing methods, including outcomes analysis and sensitivity testing
Document validation findings clearly and maintain a comprehensive model inventory, including risk ratings and monitoring requirementsRequired qualifications 5+ years of experience in model validation, development, or quantitative risk analytics within banking or fintech
Bachelor's degree in Statistics, Mathematics, Computer Science, or a related field; a Master's degree or PhD is preferred
Strong knowledge of model risk management principles and regulatory expectations
Proficiency in SQL and Python for data analytics
Experience validating or developing models in areas such as BSA/AML, fraud, and credit underwriting
Also on the board Same function, level within a rung
Level
Mid
Location
New York, NY
Occupation
Financial Risk Specialists
Industry
Other Management Consulting Services
Posted
4 days ago