Remote Model Risk Management & Validation Jobs with 401k Matching

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 mathematics, computer science, hard sciences, financial engineering or finance/economy
• Strong programming skills, including object oriented languages and scripts
• Experience in a quantitative role in the Financial markets
• Excellent analytical, quantitative, interpersonal and organizational skills
• Team oriented

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Stock Options
• Training Budget
• Wellness Programs

Skills

Requirements

• Annual Model inventory performed on a timely basis
• Liaise with 1st line subject matter experts to understand model objective/inputs/significant assumptions/design
• Independent Model Validation to ensure soundness
• Model Governance & Policy to maintain and update the Model Risk Management (MRM) framework and policies
• Performance Monitoring to develop a dashboard reflective of recent actual vs expected model output

Benefits

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

• Conduct independent validation of risk and pricing models
• Review stress testing frameworks
• Document validation findings and communicate risks
• Provide guidance on model usage
• Stay updated on evolving market practices and regulatory requirements

Benefits

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

Skills

Requirements

• Advanced degree in a quantitative discipline such as mathematics, statistics, financial engineering, or related field.
• Advanced knowledge of probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis, with demonstrated ability to apply these concepts to financial modeling and risk assessment.
• Deep understanding of option pricing models and their applications in financial markets.
• Ability to design and implement alternative model benchmarks.
• Experience with model performance metrics and their application in risk management.

Benefits

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

Skills

Requirements

• Manage and perform technical validations of pricing and risk models
• Write and review high quality, detailed validation reports
• Ensure compliance with model risk governance framework and regulatory requirements
• Interact with model owners, model developers, senior management etc.
• Perform quantitative analyses, independent testing and challenging of data and models

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 or PhD in a quantitative discipline
• 7 years of modelling experience in financial services
• Experience with complex quantitative modelling, numerical analysis, and computational methods
• Ability to manage diverse group of stakeholders
• Strong analytical background with a solid theoretical foundation
• Advanced computational programming, technical documentation, and communications skills
• Demonstrated ability to manage model risk holistically
• Ability to behave ethically and adhere to BNY's standards

Benefits

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

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

• Master's degree in a quantitative or finance related discipline
• Strong statistical and quantitative skills
• Familiarity with financial risk modeling techniques and software
• Programming proficiency in Python, SQL, or similar analytical tools
• Prior experience developing or validating models related to IRRBB, Treasury, liquidity, or Asset Liability Management
• Knowledge of regulatory expectations for model risk management

Benefits

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

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

• Proven experience in developing and enhancing model risk management frameworks
• Expertise in process re-engineering
• Strong analytical skills paired with strategic thinking abilities
• Exceptional attention to detail and outstanding communication skills
• Ability to juggle multiple priorities while ensuring clear and transparent decision-making

Benefits

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

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

• Model development or model validation experience, preferably related to credit risk models used within the financial services industry.
• A strong understanding of credit risk modeling theories, principles and industry best practices.
• Strong conceptual, analytical, detailed oriented and problem-solving skills
• Solid understand various data system structures/processes and how they affect the inputs and outputs of credit risk data.
• Experience with artificial intelligence / machine learning modeling techniques as well as logistic regression modeling techniques;
• Effective presentation and communication skills, with strong writing skills

Benefits

• 401k Matching
• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Home Office Budget

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

• MSc or PhD in quantitative fields such as statistics, applied mathematics, financial mathematics, data science, actuarial sciences, electrical engineering, or related fields.
• Experience in model validation and/or development within a financial institution, particularly in the credit risk area, is a plus.
• Certifications: While qualifications like CFA are helpful, they are not mandatory.
• Experience in credit risk models, including Stress Testing & loss forecasting, AIRB and Adjudication/Account Management is a plus.
• Ability to explain complex technical concepts in everyday language.
• Effective communication and stakeholder engagement skills.
• Ability to connect the dots between technical issues and business considerations.

Benefits

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

Skills