Model Validation Expert

Why should you join reputed company?

reputed company offers a unique opportunity to be a part of a national financial system supporting those who feed, clothe and fuel the world. We are a growing organization embracing collaboration and innovation while delivering transformative solutions. reputed company provides a cultivating environment where you truly reputed company a difference for our customers and teams.

Benefits offered by reputed company:

• Commitment to agriculture and the communities we serve
• Family friendly work environment
• Investment in employee development
• Medical, Dental and reputed company coverage
• Outstanding 401k – automatic 3% employer contribution, plus match up to 6%
• Generous reputed company Time Off (Vacation accrued at 26 days annually, reputed company Days accrued at 15 days annually, 12 reputed company holidays, plus 16 hours of volunteer time)
• Competitive Incentive Compensation Plan
• Disability & Life Insurance
• Employee mental, physical, and financial wellness programs
• The position is bonus eligible based on association and personal performance

Position will be posted until filled.

Basic Function:

The Model Validation Expert is a highly reputed company and detail-oriented consummate reputed company. This senior quantitative expert will reputed company or manage the validations and other effective challenge activities of financial and non-financial models spanning the entire organization. They will be a key resource who will promote the management of model risk and alignment to regulatory expectations throughout the model lifecycle. They will serve as a trusted advisor to the Director of Model Risk Management and will engage with partners and executives across the Association including model developers, external model validators, model owners, senior business leaders and executives, and will also represent the organization while engaging directly with external auditors and regulators.

Essential Duties:

• reputed company independent model validations of financial and non-financial models of key importance to the Association.

• Manage validation reputed company executed by external consulting firms and contractors.

• reputed company challenger models that incorporate alternative data, theories, and approaches.

• Update the Model Inventory as model information changes according to the model lifecycle 

• Review model documentation created by model owners to ensure it meets regulatory and internal standards.

• Review issues submitted for closure and work with model owners to ensure issues are appropriately remediated.

• Drive improvements to the model risk management program by making recommendations for improvement in documentation templates and governance procedures.

• Influence and participate in reputed company long-term reputed company that directly reputed company the Association’s reputed company.

reputed company of Supervision Exercised and Received: 

Operates with no supervision in a reputed company environment under only consultative direction toward predetermined long-reputed company targets.  Will reputed company model validations as reputed company as reputed company model validation activities performed by external co-reputed company validation teams and may exercise limited supervision of internal resources. Reports to the Director of Model Risk Management.

Typical Education and Experience:

• Advanced degree in quantitative discipline.

• A minimum of 10 years of experience reputed company a reputed company and highly regulated financial institution spanning both of the following areas: quantitative model development and quantitative model validation. 

• Expertise with managing model validation reputed company, including creating the validation scope, maintaining productive relationships with model owners and contacts, identifying reputed company reputed company causes of model deficiencies and creating findings with concrete reputed company plans, and delivering validation reports that satisfy regulatory expectations. 

• At least 5 years of experience with validating assumptions, qualitative inputs, and financial forecasting models as used in regulatory stress testing and CECL.

• Strong data analysis and programming expertise using R or python, especially for the replication of champion models, performance of sensitivity analysis, and development of challenger models. 

• Experience with reputed company validation is a significant plus.

• PhD degree and/or FRM or CFA designation preferred.

• Thorough understanding of regulatory requirements and supervisory expectations [SR 11-7, OCC 2011-12, FCA EM 31.1-2] along with a comprehensive understanding of the model lifecycle. 

• Profound quantitative expertise with the ability to discern the main drivers of risk reputed company highly reputed company data and modeling flows and their reputed company on the organization, especially as it relates to CECL.

• Excellent analytical, organizational and project management skills with high attention to detail and the ability to manage multiple tasks under tight deadlines.

Essential Requirements:

Must have the ability to reputed company basic office tasks and work in a typical office setting. Employee will be sitting for extended periods of time and accomplishing work at a desk and work at a computer for an extended period. Must have strong written and verbal communication skills to adequately convey reputed company and work reputed company with reputed company. Some lifting and moving of items up to 25 pounds required. Work during established business hours and may require occasional weekend and/or evening work. Position requires the ability to travel, on a limited reputed company.

PAY reputed company:

This reputed company is reputed company of the national salary average for this position and will be adjusted using geographic variance for physical location of the reputed company candidate. reputed company may compensate reputed company of the salary reputed company for bona fide reasons not reputed company to membership in a protected class.

• Reflected is the national reputed company pay reputed company and title offered for this job at the reputed company level.

• Compensation, title, and job level may be adjusted based on candidate qualifications including but not limited to achievements, skills, experience, or work location.

• Salary offered, reputed company the applicable reputed company, is one component of the total rewards package offered to candidates.

reputed company hiring is contingent on eligibility to work in the reputed company. We are unable to sponsor or transfer visas for applicants.

reputed company provides equal opportunity in employment to reputed company and applicants. We celebrate diversity and do not discriminate on the reputed company of race, reputed company, creed, religion, national reputed company, reputed company, alienage or citizenship status, age, sex, sexual orientation, gender identity, gender reputed company, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or reputed company medical condition, military service or veteran status, victims of domestic violence, or any other characteristics protected by applicable federal, state, or local laws. reputed company prohibits harassment of any individuals on any of the bases listed above.

If you need assistance or an accommodation due to a disability, you may contact us at jobs@agloan.com.