Quantitative Model Risk Management- Model Validation Analyst

  • Competitive
  • Tampa, FL, USA Tampa FL US
  • Permanent, Full time
  • Analytic Recruiting Inc.
  • 17 Aug 18 2018-08-17

A Financial Firm in Tampa is looking for a Junior Quantitative Model Validation Analyst to join the Model Risk Management team.

Responsibilities:

  • Implement and manage the banks model validation efforts subject to SR 11-7 regulatory criteria
  • Create and develop quantitative approaches that will be used to validate market, credit and AML risk models
  • Perform quantitative assessments including theory, methodology, design, implementation, assumption, data integrity and reliability
  • Perform stress testing to assess model performance and recommend changes
  • Communicate analysis and findings from validation work to model owners
  • Keep pace with changes and developments in the regulatory risk environment,  model risk Compliance and academia
  • Author model validation documentation, work progress reports and validation results
  • Support regulatory examinations, reviews and internal audits of the banks modeling process and component models

Requirements:

  • Master’s degree in a quantitative field
  • 1+ years of model validation and risk modeling experience
  • Nice to have: experience with Transaction Monitoring systems (Mantas, Bridger Insight)
  • Financial Services Experience (retail banking, commercial banking, trading firm, private banking)
  • Strong statistical programming skills (SAS, R, SQL, Excel)
  • Strong written and oral communication skills
  • Attractive compensation and relocation package
  • Client can only hire US Citizens or Permanent Residents of the US

Keywords: Model Validation, Model Risk Management, Mantas, AML, OFAC, BSA, Sanctions Screening, Transactions Monitoring, SR 11-7, Quantitative Model Assessments

Refer to Job #23194- and email MS Word attached resume to Jim Geiger, JEG@analyticrecruiting.com