Model Risk Validation Lead — AI/ML & Governance

Federal Home Loan Bank of Boston; Boston (MA); Hybrid; USD 98.000 - 150.000; Vollzeit

Zusammenfassung

Federal Home Loan Bank of Boston is seeking a Senior Model Risk Analyst to strengthen its Model Risk Management framework. You will independently lead validations, assess methodologies, and advise on governance and regulatory requirements.

The role requires deep quantitative expertise, collaboration with auditors and regulators, and the ability to communicate findings clearly. The position offers hybrid work in Boston with on-site onboarding.

Qualifikationen

• Master’s degree in finance, economics, mathematics, statistics, or a related quantitative field.
• PhD, CFA, FRM, or similar designation is a plus.
• Seven or more years of experience in model risk management, model validation, or related field.
• Experience with financial institution models (IR risk, valuation, liquidity, mortgage, etc.).
• Ability to interact with auditors, regulators, and model owners.

Aufgaben

• Lead and execute model validations and risk reviews for complex models.
• Review methodologies, data sources, controls, and performance monitoring frameworks.
• Design quantitative analyses including benchmarking, stress testing, and back-testing.
• Develop validation reports and present findings to management and regulators.
• Mentor junior analysts and contribute to governance improvements.
• Support regulatory examinations and internal audits.

Kenntnisse

Model risk management

Statistics & econometrics

Programming: Python/R/MATLAB/SAS/SQL

Technical report writing

Regulatory guidance knowledge

Cross-functional collaboration

Ausbildung

Master's degree in finance/economics/math/statistics/quant field

PhD or CFA/FRM a plus

Tools

PolyPaths

Summit

Principia

Yield Book

Numerix

Bloomberg

Moody’s

Jobbeschreibung

Federal Home Loan Bank of Boston is seeking a Senior Model Risk Analyst to strengthen its Model Risk Management framework. You will independently lead validations, assess methodologies, and advise on governance and regulatory requirements.

The role requires deep quantitative expertise, collaboration with auditors and regulators, and the ability to communicate findings clearly. The position offers hybrid work in Boston with on-site onboarding.