Remote Model Risk Management & Validation Jobs with Disability Insurance

Requirements

• Sound understanding Bank Wide Risk Analytics – especially in credit and market risk model development/validation
• Sound knowledge of regulatory frameworks such as Basel and IFRS 9
• Proactive and hands-on approach towards answering complex theoretical / quantitative questions
• Strong verbal and written communication skills
• 3+ years of experience in the BFSI sector with understanding of risk management and risk quantification processes
• Master’s (or Bachelor’s with at least 2 extra years of experience) in Statistics, Mathematics, Operations Research, Engineering or related fields

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Life Insurance
• Paid Time Off

Skills

Requirements

• Sound understanding Bank Wide Risk Analytics
• Sound knowledge of regulatory frameworks such as Basel and IFRS 9
• Proactive and hands-on approach towards answering complex theoretical / quantitative questions
• Strong verbal and written communication skills
• 3+ years of experience in the BFSI sector with understanding of risk management and risk quantification processes

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Life Insurance
• Paid Time Off

Skills

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Business Analytics, Information Systems, or related discipline
• At least 3 to 7 years of relevant experience in model risk management, quantitative risk oversight, enterprise risk, capital analytics, or related functions within a regulated financial institution
• Knowledge of frameworks including model lifecycle governance, materiality and tiering concepts, ICAAP and stress testing linkages, and independent validation techniques
• Strong analytical skills with attention to detail, professional skepticism, and ability to translate technical findings into governance-ready insights

Benefits

• Company Retreats
• Conference Budget
• Coworking Space
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours

Skills

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, or related quantitative discipline
• At least 8 to 12 years of relevant experience in model risk management, quantitative risk oversight, capital management, or enterprise risk management within a regulated financial institution
• Technical knowledge of Model Risk Management frameworks, lifecycle governance, materiality and tiering, ICAAP and stress testing linkages, and oversight of credit, ECL/IFRS9, pricing, and capital models
• Strong ownership of enterprise outcomes with sound judgment

Benefits

• Company Retreats
• Conference Budget
• Coworking Space
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours

Skills

Requirements

• Providing proactive support to MRM team on all required matters
• Embedding a culture of improved risk decision making and accountability
• Implementing MRM initiatives and tracking delivery
• Supporting with the preparation of materials and analyses for committee reporting and risk oversight purposes
• Monitoring adherence to the organization's 'model risk appetite'

Benefits

• Company Retreats
• Conference Budget
• Coworking Space
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours

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

• Maintain and further enhance FFB's Model Inventory
• Conduct independent validations
• Prepare clear, decision-oriented validations
• Support EUC governance
• Contribute to continuous improvement of the model lifecycle processes
• Support audits and regulatory reviews
• Support a good model risk culture

Benefits

• Company Retreats
• Conference Budget
• Coworking Space
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours

Skills

Requirements

• Master's Degree or PhD in a quantitative discipline
• Strong understanding of regulatory guidance
• 5 years of modelling experience in financial services
• Experience with complex quantitative modelling
• Numerical analysis and computational methods
• Programming languages (Python, Project R, C/C++, C#, Java, FORTRAN, MATLAB, SAS)
• Mathematical/statistical software packages

Benefits

• 401k Matching
• Certification Support
• Company Retreats
• Conference Budget
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts

Skills

Requirements

• Master's Degree or PhD in a quantitative discipline
• Strong understanding of regulatory guidance
• 5 years of modelling experience in financial services
• Experience with complex quantitative modelling
• Numerical analysis and computational methods using programming languages
• Mathematical/statistical software packages

Benefits

• 401k Matching
• Certification Support
• Company Retreats
• Conference Budget
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts

Skills

Requirements

• Lead the development and implementation of model risk management policies and procedures
• Conduct comprehensive reviews and validations of financial models
• Collaborate with cross-functional teams to identify model risks and implement effective mitigation strategies
• Provide expert guidance and support to stakeholders on model risk issues
• Monitor and report on model risk exposures
• Drive initiatives to improve model risk management processes and tools

Benefits

• 401k Matching
• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Paid Time Off

Skills

Requirements

• 3 + years of model development or model validation experience
• Hands-on experience with artificial intelligence / machine learning modeling techniques
• Proficient Python programmer with a proven track record of delivering high-quality code
• Comfortable working with large data sets
• Solid understanding of data extraction and data mining, proficiency in SQL
• Post graduate degree in a quantitative field of study
• Strong understanding of retail credit risk modeling theories, principles and industry best practices
• Experience with Hadoop, Spark

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Paid Time Off
• Remote Work

Skills

Requirements

• 3 + years of model development or model validation experience
• Hands-on experience with artificial intelligence / machine learning modeling techniques
• Proficient Python programmer with a proven track record of delivering high-quality code
• Comfortable working with large data sets
• Solid understanding of data extraction and data mining, proficiency in SQL
• Post graduate degree in a quantitative field of study
• Strong understanding of retail credit risk modeling theories, principles and industry best practices
• Experience with Hadoop, Spark

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Paid Time Off
• Remote Work

Skills

Requirements

• Over 15 years of experience in model risk management, quantitative analysis, or related fields
• Strong leadership and strategic planning skills
• Ability to communicate complex technical information to non-technical stakeholders
• Experience with regulatory compliance and risk assessment
• Strong analytical and problem-solving skills
• Ability to work in a fast-paced environment and prioritize multiple tasks
• Experience with model validation and review
• Strong knowledge of risk management frameworks and policies

Benefits

• 401k Matching
• Health Insurance
• Life Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Paid Time Off

Skills

Requirements

• Support the creation and maintenance of the Bank-wide model inventory and model risk rating.
• Assist the SVP MRM Officer in performing independent validation and testing of Bank-wide risk models.
• Evaluate the conceptual soundness of model specifications.
• Assess and measure the potential impact of model limitations.
• Document and present observations to SVP MRM Officer and to model owners and users.
• Evaluate and monitor model performance reports on an on-going basis.
• Provide on demand support during regulatory exams of MRM and periodic reviews performed by Internal Audit.

Benefits

• 401k Matching
• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Paid Time Off

Skills

Requirements

• Assist with the implementation of the firm-wide Model Risk Management Policy
• Support the execution of governance activities
• Drive operational efficiency through process improvements or automation
• Promote the development and implementation of the model risk management activities
• Prepare report on the status of Model risk to the appropriate risk management oversight committees
• Responding to Model related inquiries from regulators or auditors

Benefits

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

Skills

Requirements

• Lead the Model Risk PM&F team
• Coordinate framework, control, and portfolio management of model risk
• Oversee the MoRM framework, policy house, model risk management governance and controls
• Ensure overall coordination across the model risk lifecycle
• Manage and develop a team of medior-senior level Model Risk Specialists

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Home Office Budget
• Learning Budget

Skills

Requirements

• Demonstrated experience in financial markets across multiple asset classes.
• Degree in a quantitative discipline (e.g. Mathematics, Statistics, Physics, Engineering or Quantitative Finance); postgraduate qualifications preferred.
• Advanced quantitative and analytical skills, including programming capability (e.g. Python, VBA, C/C++).
• Proven experience applying quantitative expertise in model validation or a closely related quantitative risk modelling environment.
• Demonstrated understanding of Markets Risk concepts and frameworks, and industry best practice in model risk governance.
• Strong professional judgement, with the ability to clearly articulate technical issues.
• Excellent written communication skills and strong documentation discipline.
• Experience operating within formal model governance frameworks and under audit or regulatory scrutiny.

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Paid Time Off
• Parental Leave

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
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Paid Time Off
• Remote Work

Skills

Requirements

• 7 years of experience in a FO or model risk quantitative role.
• Excellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis.
• MSc, PhD or equivalent in a quantitative discipline.
• Inquisitive nature, ability to ask right questions and escalate issues.
• Excellent communication skills (written and verbal).
• Good understanding of option pricing theory (i.e. quantitative models for pricing and hedging derivatives).
• Good coding skills, for example in C/C++ or Python.

Benefits

• 401k Matching
• Health Insurance
• Life Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours

Skills