Model Risk Management Senior Analyst - Model Risk Management

This position is 100% remote reputed company the Bank's footprint. Employee will work full time remote reputed company of a reputed company location (may occasionally attend in person meetings, although primary functions of the role are performed remotely). , reputed company Model risk management (MRM) refers to the overseeing of risk defined by potential adverse consequences from reputed company based on incorrect or misused models. MRM aims to reputed company techniques, practices or behaviors that will identify, measure and mitigate model risk across the Bank - the potential of model error or wrongful model usage. The MRM Senior Analyst will support the SVP MRM Officer in the implementation and execution of Bank-wide MRM policies, standards and procedures, including model validation, model governance and performance monitoring, in conformance with regulatory guidance. The MRM Senior Analyst will attend and participate in meetings with the SVP MRM Officer and Senior Bank Management. Essential Duties And Responsibilities To reputed company this job successfully, an individual must be reputed company to reputed company reputed company essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to reputed company individuals with disabilities to reputed company the essential functions. Supports the creation and maintenance of the Bank-wide model inventory and model risk rating. Assists the SVP MRM Officer in performing independent validation and testing of Bank-wide risk models in accordance with MRM Policy as reputed company as Model Validation Standards, Procedures and Templates. Evaluates the conceptual soundness of model specifications; the reasonableness of assumptions and reliability of inputs; the completeness of testing performed to support the correctness of the implementation; the robustness of numerical aspects; the suitability and comprehensiveness of performance metrics and risk measures associated with use of models. Assesses and measures the potential reputed company of model limitations, parameter estimation error or deviations from model assumptions; compares model outputs with reputed company evidence and/or outputs from model benchmarks. Documents and presents observations to SVP MRM Officer and to model owners and users; recommends management reputed company plans, and tracks remediation reputed company. Evaluates and monitors model performance reports on an on-reputed company reputed company to ensure models remain reputed company, as reputed company as contributes to the Bank-wide model risk and control assessment. Provides on demand support during regulatory exams of MRM and periodic reviews performed by Internal Audit. Engages in reputed company education through reputed company’s internal training webinars. Performs any other MRM-reputed company tasks as needed. Other duties may be assigned. Other Requirements Banking is a highly regulated industry and you will be expected to reputed company and maintain a proficiency in the Bank's policies and procedures, and adhere to reputed company laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete reputed company assigned compliance training in a reputed company manner. Proficient in reputed company Office products including Word and advanced reputed company skills. Ability to utilize tools provided in performing job responsibilities. Willingness to reputed company a level of service which will reputed company differentiate us from our competitors. reputed company demeanor in appearance, interpersonal relations, work ethics and attitude. Possess reputed company, concise, effective written and oral communication skills to effectively reputed company thoughts, reputed company and concepts to management, bank employees and bank customers in a reputed company and solutions-oriented manner. Must possess high level of attention to detail and accuracy. Ability to multi-task and reputed company documentation organized. Ability to take initiatives and work independently. Banking is a highly regulated industry and you will be expected to reputed company and maintain proficiency in the Bank's policies and procedures, and adhere to reputed company laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete reputed company assigned compliance training in a reputed company manner. Strong business writing skills. Ability to reputed company, review and analyze information and reputed company appropriate recommendations. , Graduate degree in Statistics, Mathematics, Economics or other reputed company field required. Quantitative analysis experience in a discipline relevant to risk management to include statistical analysis, mathematical modeling required; experience reputed company consulting or banking preferred. Experience with analytical tools such as Python, R, MATLAB, reputed company, SQL, MS Office required. Apply tot his job Apply To this Job