Washington Licensed Model Risk Director

Job Summary

A company is looking for a Director of ALM, Market Risk, and Model Risk Management.

Key Responsibilities

• Manage and execute validation activities associated with risk models, including independent testing and model inventory updates
• Oversee managerial functions, including team performance, training, and departmental budgeting
• Facilitate stakeholder reporting and ensure the accuracy of validation reports

Required Qualifications

• Bachelor's Degree with 8 years of experience in quantitative analysis in a financial institution, or a High School Diploma/GED with 12 years of experience
• Experience in regression methodologies, loss forecasting, or regulatory capital estimation
• Preferred advanced degree in Economics, Quantitative Finance, Statistics, or a related quantitative discipline
• Knowledge of relational databases and SQL
• Expert knowledge of SAS, R, or other programming languages