Senior Model Risk Analyst

Job Summary

A company is looking for a Senior Model Risk Analyst, Remote.

Key Responsibilities

• Ensure model owner compliance with Model Risk Management procedures and standards during model implementation and development phases
• Lead internal and external model validations, including stress testing and back testing of various models
• Prepare and present recommendations to the Bank's Risk Review Council and assist in advancing the Model Risk governance framework

Required Qualifications

• Bachelor's degree in Finance, MIS, Quantitative Finance, Mathematics, Statistics, Economics, or a related field
• 5+ years of experience in a bank or financial institution focusing on risk management practices
• 3+ years in developing and implementing quantitative models and internal credit ratings
• 2+ years of programming experience in SQL and Python for data manipulation and analysis
• Functional knowledge of regulatory expectations in model development and maintenance processes