Model Risk Manager

Job Summary

To support the growth of a regulated banking environment, the full-time Model Risk Manager will manage model validations and provide independent reviews across various risk areas, collaborating closely with multiple teams in a remote setting within the United States or Canada.

Key responsibilities

• Perform independent validations and reviews of models related to credit, fraud, BSA/AML, finance, and operational risk
• Evaluate model methodologies, assumptions, and performance through various testing methods, including outcomes analysis and sensitivity testing
• Document validation findings clearly and maintain a comprehensive model inventory, including risk ratings and monitoring requirements

Required qualifications

• 5+ years of experience in model validation, development, or quantitative risk analytics within banking or fintech
• Bachelor's degree in Statistics, Mathematics, Computer Science, or a related field; a Master's degree or PhD is preferred
• Strong knowledge of model risk management principles and regulatory expectations
• Proficiency in SQL and Python for data analytics
• Experience validating or developing models in areas such as BSA/AML, fraud, and credit underwriting