Dynamic Model Risk Validator II — Insights & Impact

Frost; San Antonio (TX); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Long-term disability

Life insurance

401(k) matching

Paid time off

Tuition reimbursement

Wellness programs

Referral bonus

Job summary

Frost seeks a Model Validation Analyst II to monitor and validate aggregate model risk in line with our risk strategy. You will turn data into insights to assess the accuracy of financial, statistical, and behavioral models used across the bank.

The role requires a Master’s in a quantitative field, 2+ years of validation experience, and proficiency in SQL/SAS/R/Python plus advanced Excel. You will guide less experienced analysts and help ensure SR 11-7 compliance.

Qualifications

• Master's degree in quantitative field (Math Finance / Stats / Economics).
• 2+ years of experience validating or developing financial, statistical, or mathematical models.
• Mastery of statistics and numerical techniques.
• Proficiency in SQL, SAS, R, or Python.
• Advanced knowledge of Microsoft Excel.
• Excellent written and verbal communication skills.

Responsibilities

• Perform independent validations of financial, statistical, and behavioral models; focus on critical models.
• Validate models’ theoretical soundness, testing design, and weaknesses.
• Interpret data to identify risk exposures and support management decisions.
• Develop challenger models to validate existing models and assist with outcome analysis.
• Ensure compliance with the model risk monitoring framework.
• Evaluate governance for Model Risk Management and SR 11‑7 compliance.
• Provide guidance to less experienced analysts.
• Act with integrity, caring, and excellence to achieve all-win outcomes.

Skills

Strong analytical skills

Excellent communication

Documentation skills

SQL/SAS/R/Python proficiency

Education

Master's degree in quantitative field

PhD in quantitative field

Tools

SQL

SAS

R

Python

Excel

Job description

Frost seeks a Model Validation Analyst II to monitor and validate aggregate model risk in line with our risk strategy. You will turn data into insights to assess the accuracy of financial, statistical, and behavioral models used across the bank.

The role requires a Master’s in a quantitative field, 2+ years of validation experience, and proficiency in SQL/SAS/R/Python plus advanced Excel. You will guide less experienced analysts and help ensure SR 11-7 compliance.