Banc of California

Requirements

• Conduct model validations on the Bank's models, both in-house and vendor models, based on regulatory guidelines, the Bank's model risk management policy and procedure, and the industry's leading practices.
• Evaluate model assumptions and weaknesses, data relevancy and completeness, conceptual soundness, modeling methodology, outcome analysis, etc.
• Prepare a model validation report that meets the Model Risk Management's expectations, based on the evaluation of the model, including backtesting, sensitivity testing, benchmarking, etc. and include a conclusion based on the review.
• Assist in model validation findings monitoring, reporting, and evaluating the corrective actions.
• Conduct model annual reviews including process verification, performance monitoring, degree of changes, etc.

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Training Budget

Skills

Requirements

• Conduct model validations on the Bank's models, both in-house and vendor models, based on regulatory guidelines, the Bank's model risk management policy and procedure, and the industry's leading practices.
• Assist in evaluating model assumptions and weaknesses, data relevancy and completeness, conceptual soundness, modeling methodology, outcome analysis, etc.
• Assist in preparing a model validation report that meets the Model Risk Management's expectations, based on the evaluation of the model, including backtesting, sensitivity testing, benchmarking, etc. and include a conclusion based on the review.
• Assist in model validation findings monitoring, reporting, and evaluating the corrective actions.
• Conduct model annual reviews including process verification, performance monitoring, degree of changes, etc. and document the findings and comments in the annual review report.

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Flexible Hours
• Remote Work
• Wellness Programs

Skills