Remote Model Risk Management & Validation Jobs with Home Office Budget

Requirements

• Experience developing or validating market risk, liquidity risk or stress testing models
• Technical knowledge of risk metrics (DV01, VaR, Delta EVE, Delta NII, LCR)
• Conduct independent reviews of IRRBB, market & liquidity risk and stress testing models
• Provide effective challenges to models and modelling processes
• Develop playbooks and toolkits to optimize models reviews, ongoing monitoring, and assess the impact of models in decisions

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

Skills

Requirements

• Risk Analyst level
• Pro-active
• Good communication and business writing skills
• Very good mathematical/statistics skills
• Good market risk or/and counterparty risk knowledge

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Performance Bonus
• Remote Work

Skills

Requirements

• Strong understanding of modeling techniques or quantitative background
• Experience with model risk management and validation
• Ability to influence senior stakeholders
• Excellent communication and collaboration skills
• Ability to design and deliver specialism-specific trainings

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

Skills

Requirements

• Strong understanding of modeling techniques or quantitative background
• Experience with model risk management and validation
• Ability to influence senior stakeholders
• Excellent communication and collaboration skills
• Ability to design and deliver trainings

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

Skills

Requirements

• Lead day-to-day operations for the CRMV tribe
• Drive efficiency and effectiveness in model validation
• Improve automation, data lineage and quality, validation processes, stakeholder engagement, GenAI adoption, and the global operating model
• Oversee significant operating expenses related to IT infrastructure and data
• Engage with a wide range of internal stakeholders
• Maintain effective relationships with external parties
• Represent the CRMV tribe in the CRMV Management Team
• Lead change management initiatives

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Performance Bonus
• Remote Work
• Training Budget

Skills

Requirements

• Validate internal models
• Assure model accuracy and reliability
• Identify potential risks or weaknesses
• Provide guidance and tools to the business
• Support the Board in identifying and assessing key and emerging risks

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Performance Bonus
• Remote Work

Skills

Requirements

• Oversee timely and high-quality validations of Retail IRB and internal Credit Risk models
• Ensure alignment with regulatory expectations and internal governance
• Provide independent and effective challenge to model development
• Review validation reports to ensure clarity, rigor, and actionable recommendations
• Lead and mentor a team of validators
• Ensure compliance with internal policies, regulatory requirements, and audit standards

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Performance Bonus
• Remote Work

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

• Quantitative degree and experience in Data Analytics
• Risk professional with hands-on Risk Reporting experience in SAS MRM tool
• Python coding or equivalent custom tools/products
• Automation experience in Python/VBA
• Experience in quantitative analysis, report design and execution
• Design thinking and process-oriented person ready to contribute in reporting landscape improvement changes
• Data Quality governance and monitoring experience
• Ensure features delivery (Planning, coordination, dependencies management)

Benefits

• Company Retreats
• Conference Budget
• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Performance Bonus

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

• 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

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 or equivalent combination of education and experience.
• 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 write and present to clients clear and concise reports and presentations containing meaningful recommendations.
• Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer.

Benefits

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

Skills

Requirements

• University degree in actuarial science, accounting, or a related field
• At least 5 years of relevant experience in advanced modeling
• Ability to quickly learn new platforms and reproduce complex calculations from first principles
• Strong analytical, synthesis, and communication skills for complex results
• Excellent command of tools: spreadsheets, databases, mathematical software, and programming languages
• Solid understanding of life and P&C insurance products as well as regulatory expectations regarding model risk management
• Advanced knowledge of French and English

Benefits

• 401k Matching
• Certification Support
• Company Retreats
• Conference Budget
• Flexible Hours
• Health Insurance
• Home Office Budget
• Learning Budget

Skills

Requirements

• Executing and maintaining an effective Model Risk management framework
• Producing a consolidated view of Model Risk for comparison with the Model Risk Appetite
• Independently validating the integrity and comprehensiveness of the Models in the Firm
• Effective communication and collaboration with stakeholders
• Strong analytical and problem-solving skills
• Ability to work in a fast-paced environment
• Strong attention to detail and organizational skills

Benefits

• Employee Discounts
• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off

Skills

Requirements

• Understanding of modelling techniques or quantitative background, their applications, and associated risks.
• Knowledge of relevant regulations and ethical guidelines.
• Experience in corporate governance will be considered as a plus.
• Strong communication skills, with the ability to explain complex concepts to technical and non-technical audiences.
• Participation in end-to-end modelling, framework and governance initiatives/projects and change management.
• Perform reviews of model risk topics (e.g. model identification, model waivers, etc.) and provide advice, ensuring quality and consistency.
• Interact with Model owners and other stakeholders, fostering accountability and ownership of model risk within the 1st line of defence.

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

Skills

Requirements

• Understanding of modelling techniques or quantitative background, their applications, and associated risks.
• Knowledge of relevant regulations and ethical guidelines.
• Experience in corporate governance will be considered as a plus.
• Strong communication skills, with the ability to explain complex concepts to technical and non-technical audiences.
• Participation in end-to-end modelling, framework and governance initiatives/projects and change management.
• Perform reviews of model risk topics (e.g. model identification, model waivers, etc.) and provide advice, ensuring quality and consistency.
• Interact with Model owners and other stakeholders, fostering accountability and ownership of model risk within the 1st line of defence.

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

Skills

Requirements

• Serve as a key contributor and lead analyst performing model validation with minimal supervision for credit acquisition, account management, fraud and marketing models built using both machine learning algorithms and traditional logistic regression techniques.
• Perform the full scope end-to-end validation independently for assigned internally and vendor developed new models and existing models.
• Lead/Perform the review and maintenance of relevant model and validation documentation, perform in depth analysis on large data sets and reports to support discussions on key analytics and model risks.
• Work closely within the Risk organization to validate accuracy and performance of all models, whether statistical/AI/ML or non-statistical to identify any issues requiring further investigation, and resolve problems independently.
• Collaborate with the Synchrony Financial business teams to uncover and highlight risk associated with models.
• Keep pace with the latest model developments in academia, regulatory environment, risk technology (vendor and in-house) and financial services industries in order to provide expert guidance to the Synchrony Financial functions.
• Support regulatory examinations and internal audits of the modeling process and selected models samples.
• Provide technical consultation and process improvement to model risk management on recommended solution based on solid research in the academic and industry practice.

Benefits

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

Skills

Requirements

• Understanding of modelling techniques or quantitative background, their applications, and associated risks.
• Knowledge of relevant regulations and ethical guidelines.
• Experience in corporate governance will be considered as a plus.
• Strong communication skills, with the ability to explain complex concepts to technical and non-technical audiences.
• Participation in end-to-end modelling, framework and governance initiatives/projects and change management.
• Perform reviews of model risk topics (e.g. model identification, model waivers, etc.) and provide advice, ensuring quality and consistency.
• Interact with Model owners and other stakeholders, fostering accountability and ownership of model risk within the 1st line of defence.

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

Skills

Requirements

• Review and validate credit models relating to wholesale, commercial and retail portfolios
• Assess the models' compliance with regulations, internal policies and standards
• Perform sensitivity analysis to assess the adequacy of modelling or data assumptions
• Document all analysis in a succinct and clear manner
• Prepare checklists for various validation activity to make sure that appropriate controls are established and consistently followed
• Undertake in-depth assessments of the models' subcomponents, making sure models are fit for purpose for their designated use
• Make sure that model risk management aligns with our model risk policy, and undertake model risk assessments to identify potential risks
• Provide expert advice on aspects of risk management, including providing senior executives with relevant MI and reports, escalating concerns where appropriate

Benefits

• Flexible Hours
• Gym Membership
• Health Insurance
• Home Office Budget
• Learning Budget
• Paid Time Off
• Remote Work

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

• Analytical skills and proven experience with data analysis
• Proficiency in Excel and good knowledge of SQL
• Strong communicator, from making presentations to technical writing
• Demonstrate the highest level of integrity and professionalism
• Strong academic background would be a plus

Benefits

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

Skills