Model Risk Management Consultant

Job Summary

A company is looking for a Sr. Consultant / Manager specializing in Model Risk Management, particularly in Scorecard and Financial Models.

Key Responsibilities:

• Lead the development and validation of scorecards and financial models adhering to industry standards and regulations
• Perform model risk assessments and ensure comprehensive model documentation and validation procedures
• Collaborate with cross-functional teams to identify model-related risks and implement effective mitigation strategies

Required Qualifications:

• 5-8 years of experience in model risk management, risk analytics, or related fields
• Strong proficiency in developing and validating scorecards and financial models
• In-depth knowledge of regulatory requirements and industry best practices for model risk management
• Experience with statistical modeling tools such as SAS, R, Python, or similar
• A Master's degree in Finance, Statistics, Mathematics, or a related field is preferred