Bank Consultant

BerryDunn; United States; Remote; USD 90,000 - 110,000; Full time

Job summary

BerryDunn, a leading consulting firm, seeks a proactive Bank Consultant to join its Financial Services Group. This role involves conducting CECL model validations and providing consultative services to clients. Ideal candidates have strong communication skills and a background in banking or financial analysis. Opportunities for remote work and engaging projects in a supportive workplace culture await.

Qualifications

• Bachelor's degree required; Master's preferred.
• 2+ years’ experience in banking, CECL, or model validation.
• Strong understanding of quantitative analysis methods.

Responsibilities

• Conduct CECL model validations and methodology reviews.
• Analyze model methodologies and performance trends.
• Consult with clients on model risk management practices.

Skills

Communication

Analytical Skills

Problem-Solving

Organizational Skills

Education

Bachelor's degree

Master's degree or advanced certification (CERP, CFA, CPA)

Tools

Microsoft Office Suite

Job description

Overview

BerryDunn is seeking a high energy, entrepreneurial, proactive Bank Consultant with strong communication and organizational skills to join our Financial Services Group. You will join a core team tasked with conducting CECL model validations, methodology reviews, and other services for our clients in the financial services industry. You will report to the Senior Bank Consultant. This position can sit remotely or be located in one of our offices: Manchester, NH, Waltham, MA, Bangor, ME or Portland, ME.

You Will

• Perform CECL model validations and methodology reviews for banks and credit unions.
• Perform in-depth analyses on model methodologies, assumptions, and performance trends based on large datasets; identify key model risk, limitations and issues.
• Drive timeline and completion of client engagements with minimal guidance from the review manager/supervisors; interact directly with clients (senior and executive management).
• Consult with clients about model risk management practices
• Complete aspects of client service projects from planning to completion
• Opportunity to perform a variety of consulting projects for financial services clients.
• Support growth goals through thought leadership, client relationship management, and delivery excellence.
• Understand industry trends and client challenges; remain current on regulatory and compliance changes and other industry developments related to relevant area of expertise.
• Keep pace with the latest developments and validation practice, regulatory environment, financial services industry considerations to provide technical, process improvement, and best practice consultation related to model risk management.
• Actively participate in and support completion of practice group strategic initiatives.
• Effectively collaborate and engage with colleagues across the firm; ability to work independently and collaboratively

You Have

• Minimum a bachelor’s degree, master's degree desired or advanced certification in relevant field, e.g., CERP, CFA, CPA, etc.
• 2+ years’ experience e.g., banking, CECL, model development / operation / validation, application of U.S. regulatory requirements for Model Risk Management, professional services, etc.
• Strong understanding and application of quantitative analysis methods or approaches in relation to credit loss / reserve / recovery models, CECL, etc.
• Working knowledge of U.S. Generally Accepted Accounting Principles (GAAP), ASC 326.
• Excellent written and verbal communication, analytical, problem-solving and organizational skills.
• Ability to work independently, balancing multiple assignments and achieving quality results in a timely manner.
• Ability to create and sustain positive working relationships with staff and diverse constituencies and work independently as well as collaboratively as required.
• Knowledgeable in quality assurance/control procedures and demonstrated proactive problem management skills
• Proficiency with Microsoft Office suite including Word, Excel and PowerPoint.
• Understanding of AI a plus

Compensation Details

The base salary range targeted for this role is $90,000 - $110,000. This salary range represents BerryDunn’s good faith and reasonable estimate of the range of possible compensation at the time of posting. If an applicant possesses experience, education, or other qualifications more than the minimum requirements for this posting, that applicant is encouraged to apply, and a final salary range may then be based on those additional qualifications; compensation decisions are dependent on the facts and circumstances of each case. The salary of the finalist selected for this role will be based on a variety of factors, including but not limited to, years of experience, depth of experience, seniority, merit, education, training, amount of travel, and other relevant business considerations.

BerryDunn Benefits & Culture

Our people are what make BerryDunn special, and in return we strive to support our employees and help them thrive. Eligible employees have access to benefits that go beyond what’s expected to support their physical, mental, career, social, and financial well-being. Visit our website for a complete list of benefits and a look into our culture:Experience BerryDunn.

We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process or perform essential job functions. Please [e-mail] request an accommodation.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.

About BerryDunn

BerryDunn is the brand name under which Berry, Dunn, McNeil & Parker, LLC and BDMP Assurance, LLP, independently owned entities, provide services. Since 1974, BerryDunn has helped businesses, nonprofits, and government agencies throughout the US and its territories solve their greatest challenges. The firm’s tax, advisory, and consulting services are provided by Berry, Dunn, McNeil & Parker, LLC, and its attest services are provided by BDMP Assurance, LLP, a licensed CPA firm.

BerryDunn is a client-centered, people-first professional services firm with a mission to empower the meaningful growth of our people, clients, and communities. Led by CEO Sarah Belliveau, the firm has been recognized for its efforts in creating a diverse and inclusive workplace culture, and for its focus on learning, development, and well-being. Learn more atberrydunn.com.

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