Remote Model Risk Management & Validation Jobs in United States

Requirements

• Bachelor's degree in Finance, Mathematics, Statistics, or related field
• 3+ years of experience in risk management or a related field
• Strong analytical and problem-solving skills
• Ability to communicate complex ideas to non-technical stakeholders
• Experience with data analysis and visualization tools

Benefits

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

Skills

Requirements

• Bachelor’s degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field
• Minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines
• Strong understanding of model risk management principles and practices
• Ability to analyze complex data and identify trends and patterns
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Strong analytical and problem-solving skills
• Ability to maintain confidentiality and handle sensitive information

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan
• Wellness Programs

Skills

Requirements

• Bachelor’s degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field
• Minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines
• Hands-on validation of new and existing models, challenging conceptual soundness, assumptions, inputs, and performance metrics
• Maintain the model inventory, ensuring it is up-to-date by confirming assigned models have correct attributes (status, owner, risk tier, review dates, etc.)
• Assist in model identification, classification, and risk rating
• Monitor the end-to-end issues management lifecycle of findings resulting from model validations, including tracking remediation progress and verifying closure documentation

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan
• Training Budget

Skills

Requirements

• Bachelor’s degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field
• Minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines
• Familiarity with Excel, SQL, Python, R, SAS, or other relevant languages for data analysis and code replica
• Ability to perform hands-on validation of new and existing models
• Ability to conduct annual reviews and write annual review reports

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Remote Work

Skills

Requirements

• 2+ years of experience
• Bachelor's degree in quantitative or business discipline
• Strong communication and writing skills
• Contribute to the preparation of team and stakeholder meetings
• Prepare written proposals for enhancements to model risk standards
• Follow-up and close open management actions
• Generate model risk reports as needed

Benefits

• 401k Matching
• Company Retreats
• Conference Budget
• Dental Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours
• Gym Membership

Skills

Requirements

• 12+ years of experience working in Model Risk Management
• Bachelor’s degree in quantitative or business discipline
• Governance proficiency: Demonstrated fluency in risk and control frameworks
• Demonstrated record of thought leadership in model risk, quantitative risk management or related domains
• Strong strategic leadership, stakeholder management and influencing skills
• Exceptional risk judgment and decision-making capabilities

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan

Skills

Requirements

• Ensure model owner compliance with MRM procedures and standards
• Document model policies, methodologies, and processes
• Maintain and recommend enhancements to the Model Inventory tracking and Model Risk Assessment
• Validate that appropriate level of documentation is completed for each model or non-model tool
• Lead internal and external model validations
• Stress testing, back testing, replication testing and effective challenge of the Bank's models during internal validations

Benefits

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

Skills

Requirements

• Master's degree in Mathematics, Computational Finance, Econometrics, Mathematics, Statistics, or related field
• Three years of work experience validating econometric or time series regression models
• Strong knowledge of regulatory requirements for Model Risk Management
• Strong critical thinking skills and a detail-oriented nature
• Excellent verbal and written communication skills
• In-depth knowledge of at least two of the following: DFAST, CCAR, CECL, AML

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Flexible Hours
• Gym Membership
• Wellness Programs

Skills

Requirements

• Experience in Model Development, Model Validation, Model Risk Management, or Model Risk Audit
• Demonstrated interest in model governance and regulatory frameworks
• Demonstrated interest in and exposure to automation, AI, and machine learning applications
• Strong communication, stakeholder management, and analytical skills
• Ability to work in a fast-paced environment and prioritize multiple tasks

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan
• Training Budget

Skills

Requirements

• Master's degree in Mathematics, Statistics, Finance, Economics, Physics, Engineering
• Experience with model validation and risk management
• Strong analytical and problem-solving skills
• Ability to communicate complex technical information to non-technical stakeholders
• Experience with data analysis and statistical modeling

Benefits

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

Skills

Requirements

• Design and implement model risk management framework
• Develop and maintain model risk management policies and procedures
• Ensure compliance with regulatory guidance on model risk management
• Provide training and communication of model risk management expectations to stakeholders
• Maintain and report on model risk management control inventory, execution, and evidence
• Oversee reporting related to model risk and model risk management program

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan

Skills

Requirements

• MS or PhD in a quantitative discipline (e.g. Finance, Statistics, Economics, Mathematics, Computer Science / Engineering, software engineering or equivalents)
• 2-3 years of model validation experience in a financial services firm
• Strong written and verbal communication skills
• Excellent quantitative modeling, analytical, research, and programming skills
• Strong project management skills

Benefits

• 401k Matching
• Employee Assistance Program
• Flexible Hours
• Health Insurance
• Paid Time Off
• Retirement Plan
• Vision Insurance

Skills

Requirements

• Bachelor's Degree in Mathematics, Physics, Statistics, or a related quantitative field
• Master's Degree in Mathematics, Physics, Statistics, or a related quantitative field
• Experience with model risk management and validation
• Strong understanding of liquidity and market risk
• Ability to communicate complex risk modeling topics to senior management

Benefits

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

Skills

Requirements

• Master's degree in a quantitative discipline
• Advanced level model validation experience
• Ability to perform model validations at an accelerated pace
• Self-starter with problem-solving skills
• Independent work product documentation
• Consultant on model-related projects
• Team collaboration and communication

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan
• 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.
• 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

• Experience in Model Development, Model Validation, Model Risk Management, or Model Risk Audit
• Demonstrated interest in model governance and regulatory frameworks
• Strong analytical and problem-solving skills
• Ability to work independently and collaboratively as part of a team
• Excellent communication and interpersonal skills

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan
• Training Budget

Skills

Requirements

• Experience in Model Development, Model Validation, Model Risk Management, or Model Risk Audit
• Demonstrated interest in model governance and regulatory frameworks
• Strong analytical and problem-solving skills
• Ability to work independently and collaboratively as part of a team
• Excellent communication and interpersonal skills

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Professional Development
• Retirement Plan
• Training Budget

Skills

Requirements

• Bachelor’s degree in Mathematics, Statistics, Finance, Computer Science, or related quantitative field
• Two years of experience in the job offered or in a related quantitative occupation performing risk analysis and modeling
• Performing quantitative review of mathematical and statistical model documentation and testing results
• Implementing risk and pricing models using programming languages
• Designing tests using regulatory requirements, performing independent investigation and testing of models
• Delivering model validation reports to stakeholders
• Managing model risk across the complete modeling lifecycle

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Retirement Plan
• Vision Insurance

Skills

Requirements

• Develop and implement validation strategies for statistical and financial models
• Assess the quality and risk of model methodologies, outputs, and processes
• Communicate clearly and concisely both verbally and through written communication
• Identify opportunities to apply quantitative methods and automation solutions to improve business performance and process efficiencies
• Strong understanding of quantitative analysis methods in relation to financial institutions
• Demonstrated track-record in model development and/or validation
• Experience utilizing model estimation tools
• Ability to clearly communicate modeling results to a wide range of audiences

Benefits

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

Skills

Requirements

• Three plus years of large size commercial bank working experience in risk model validation.
• Advanced experience of financial statistical modeling methods (Hazard models, Regression models, Decision Tree models, Time Series, Machine Learning, etc.)
• Related experience with Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models for CCAR and CECL.
• Working experience in CCAR and CECL estimation for both retail and wholesale portfolios, including portfolio such as Residential Mortgage, Consumer Credit Cards/Lines, Wholesale C&I, Wholesale CRE, and Small Business.
• Familiar with the bank reporting and data system.
• Have advanced ability to deal with large data and complete model validation and implementation verification process.
• Ability to write and enhance automated testing programs for model performance assessment.

Benefits

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

Skills

Requirements

• Master's degree in Statistics, Mathematics, Data Science or related quantitative field
• 4+ years' experience in model development/model validation experience in financial services, banking, or retail
• High level of expertise with minimal technical supervision
• Ability to lead validation projects and take accountability for validation results
• Experience with data science and statistical tools including Python, R, SAS, SQL, SPARK, Data Lake, H2O, SageMaker and AWS

Benefits

• 401k Matching
• Flexible Hours
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

Skills

Requirements

• Advanced degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience.
• 8+ years’ experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.
• Proven track record of business development, relationship management, and new solution development.
• Advanced knowledge of Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
• Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking.
• Technical knowledge about data processing, data storage, and data visualization.
• A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions.
• Write and present to clients clear and concise reports and presentations containing meaningful recommendations.

Benefits

• 401k Matching
• Certification Support
• Flexible Hours
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Professional Development

Skills

Requirements

• Bachelor's degree in Finance, Statistics, Financial Engineering, or Economics
• 5+ years' experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions
• Working knowledge of Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017)
• Credit risk model types (e.g., CECL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc.)
• Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking
• Technical knowledge about data processing, data storage, and data visualization
• Ability to lead and manage a team
• Write and present to clients clear and concise reports and presentations containing meaningful recommendations

Benefits

• 401k Matching
• Certification Support
• Flexible Hours
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Professional Development

Skills

Requirements

• Advanced degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience.
• 8+ years’ experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.
• Proven track record of business development, relationship management, and new solution development.
• Advanced knowledge of Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
• Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking.
• Technical knowledge about data processing, data storage, and data visualization.
• A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions.
• Write and present to clients clear and concise reports and presentations containing meaningful recommendations.

Benefits

• 401k Matching
• Certification Support
• Flexible Hours
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Professional Development

Skills