Model Risk Analyst
Phoenix, AZ · HybridJobSeen 2w agoSeen in employer's feed 2 days ago
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Job overview
The Model Risk Analyst works with the Model Validation Manager to identify, assess, mitigate, and monitor model risk and contribute to the bank’s Model Risk Management program. The role conducts independent model validation, including evaluating conceptual soundness, reviewing monitoring plans and reports, and conducting outcomes analysis. It also produces validation reports or presentations, supports remediation and policy implementation, and keeps abreast of research and trends in statistical modeling and model risk management.
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Full job description
This job was posted by https://www.azjobconnection.gov : For more information, please see: https://www.azjobconnection.gov/jobs/7618501 Job Description: Work with the Model Validation Manager to identify, assess, mitigate, and monitor model risk. The Model Risk Analyst will also contribute to the development of the banks Model Risk Management program. Leverages statistical, financial, economic, and business expertise to conduct and oversee independent model validation activities outlined in the banks Model Risk Management Policy and Federal Reserve SR 11-7 (e.g., evaluating conceptual soundness, reviewing ongoing monitoring plans and reports, and conducting outcomes analysis). Writes high quality model validation reports and/or presentations. Ensures identified model risk issues are effectively remediated. Contributes to the development and implementation of model risk management policies and procedures. Keeps abreast of research and trends in statistical modeling and model risk management. Remote work allowed one day per week.\ \ To apply, email resume to referencing job ID#247.
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