Remote Stress Testing Developer Jobs

Requirements

• Leadership and direction to the team
• Collaboration with data owners to identify and select relevant data sources
• Development and oversight of statistical and analytical models
• Design and implementation of tools and methodologies for stress testing
• Leadership of the enterprise Model Risk Management program
• Implementation of robust controls to maintain data completeness and accuracy
• Preparation of regular and ad hoc reports as requested by risk leaders
• Collaboration with risk leaders to determine scenario assumptions and appropriate methodologies

Benefits

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

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

• Lead the management and development of Wings' Treasury & Model Risk Management to ensure comprehensive identification, measurement, monitoring, and mitigation of liquidity, capital, asset-liability management, and capital management risks.
• Maintain and reinforce risk appetite, limits, and controls across liquidity, interest rate risk, investment portfolio risk, and financial operations.
• Oversee and challenge liquidity stress testing, scenario analysis, and treasury metrics, ensuring that methodologies are sound and outcomes are defensible.
• Independently conduct gap assessments and develop processes to strengthen asset liability management, liquidity planning, stress testing, and capital management.
• Oversee Lead Wings' MRM program, ensuring that models within treasury, finance, credit, data science analytics, as well as artificial intelligence and machine learning domains, are accurately identified, inventoried, governed, validated, and monitored.

Benefits

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

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

• 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

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

• 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

• MSc or PhD in quantitative fields such as mathematics, statistics, or economics
• 5+ years of experience in credit risk model validation and management
• Strong understanding of credit risk models, stress testing, and model validation
• Ability to communicate complex technical concepts to non-technical stakeholders
• Experience with model development, performance monitoring, and lifecycle management
• Strong analytical and problem-solving skills
• Ability to work in a team environment and lead cross-functional teams

Benefits

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

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

• 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.
• Proficiency in a programming language such as Python, R, or SQL.
• Experience in credit risk models, including Stress Testing & loss forecasting, AIRB and Adjudication/Account Management is a plus.

Benefits

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

Skills