Quantitative Model Risk Officer
New
Remote WA, OR, ID & CAFull-TimeMiddle
Salary$117,249 - 154,493
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Job Details
- Experience
- 6 or more years
- Required Skills
- SQLMicrosoft ExcelFinanceR
Requirements
- Master’s degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline
- 6 or more years of bank credit experience in model risk management, model development, or quantitative finance
- Proficiency in analytical tools such as Excel, R, SAS, and SQL
- Knowledge of model risk management frameworks, regulatory guidance, and lifecycle governance standards
- Experience with validation techniques including back-testing, sensitivity analysis, stress testing, and benchmarking
- Ability to communicate complex technical concepts to non-technical audiences
- Ability to identify model weaknesses and produce documentation suitable for regulatory review
Responsibilities
- Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance
- Design and implement model test plans, including reusable code and analytical tools to support future validations
- Partner with business units to monitor ongoing model performance and ensure alignment with expectations
- Collaborate with stakeholders to support adherence to model development and implementation standards
- Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank
- Prepare clear, thorough validation reports and presentations for senior leadership
- Maintain detailed documentation and track progress on model risk initiatives
- Stay current on industry trends, regulatory expectations, and emerging practices in model risk management
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