Model Risk Validation Analyst

Our client in the financial services industry is looking for a Model Risk Validation Analyst to join their team in Los Angeles County.

 

Job Description:

  • Assist in reviews of bank-wide risk and capital models
  • Perform and evaluate conceptual soundness of model specifications
  • Perform independent validation of capital, impairment, pricing models and scorecards and review of regulatory self-assessment tools across asset classes
  • Assess and measure the potential impact of model limitations, parameter estimation error or deviations from model assumptions; compare model outputs with empirical evidence and/or outputs from model benchmarks.
  • Help document and present observations to manager recommend management action plans, and track remediation progress
  • Help monitor model performance reports
  • Assist with the creation and maintenance of the enterprise-wide model inventory, model control standards, and model risk ranking

 

Requirements:

  • Master’s degree preferred
  • CFA or FRM certifications preferred
  • Experience in the financial services, real estate or related industries
  • Proficient with the Microsoft Office Suite, including strong Excel and SAS system skills
  • Strong analytical, problem-solving and organization skills
  • Excellent verbal, written and interpersonal communication skills
  • Able to communicate with professionals at all levels
  • Able to be discreet with confidential/sensitive information
  • Able to work both independently and collaborate as part of a team
  • Able to manage multiple priorities with accuracy and efficiency while meeting deadlines
  • Able to adapt to changing priorities
  • Detail-oriented
  • Strong work ethic

 

Experience:

  • Bachelor’s degree in risk, finance, mathematics, engineering, statistics or related field and a minimum of 3 years’ relevant experience

Ref #:20311

Dora DangModel Risk Validation Analyst