Model Risk Analyst: Validate Models & Governance (Equity)

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Competitive salaries

Medical and dental insurance

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bancorporation in Phoenix, Arizona is seeking a Model Risk Analyst. In this role, you'll apply your expertise in statistical, financial, and economic modeling to conduct independent model validation in accordance with the bank's policies.

The ideal candidate will have a PhD or at least 3 years of relevant experience, strong quantitative skills, and proficiency in programming languages like Python and R. We offer competitive salaries, comprehensive benefits, and a vibrant workplace culture.

Qualifications

• Preferred PhD or 3+ years related work experience in financial model validation.
• Intermediate to advanced programming skills in Python, R, or SAS.
• Knowledge of regulatory and legal compliance in financial services.

Responsibilities

• Conduct independent model validation activities.
• Prepare comprehensive model validation reports.
• Aid in model governance activities.

Skills

Statistical modeling

Quantitative analysis

Python

R

SAS

SQL

Project management

Education

PhD or Master's degree in a quantitative field

Job description

Western Alliance Bancorporation in Phoenix, Arizona is seeking a Model Risk Analyst. In this role, you'll apply your expertise in statistical, financial, and economic modeling to conduct independent model validation in accordance with the bank's policies.

The ideal candidate will have a PhD or at least 3 years of relevant experience, strong quantitative skills, and proficiency in programming languages like Python and R. We offer competitive salaries, comprehensive benefits, and a vibrant workplace culture.