Remote Model Risk & Validation Audit Consultant

TALENT SHIFT; United States; Remote; USD 120,000 - 180,000; Full time

Job summary

TALENT SHIFT, LLC seeks an experienced Model Validation Audit Consultant for a remote project in the United States. You will conduct independent audits of model validation and risk management, evaluating controls, data quality, and regulatory alignment.

Responsibilities cover CECL, market risk, liquidity models, and remediation of regulatory findings, with emphasis on challenging methodologies and ensuring compliance with SR 11-7 guidance.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• 7+ years of model validation audit experience.
• Must reside in the continental U.S.
• Visa sponsorship not available for this position.

Responsibilities

• Perform independent audit and review of model validation and model risk management activities.
• Assess the design and effectiveness of controls surrounding model development, implementation, validation, monitoring, and governance.
• Review CECL models, including methodologies supporting credit loss estimates, key assumptions, segmentation, data inputs, and model performance.
• Evaluate market risk models, including methodologies used to measure and monitor trading and market-related exposures.
• Review liquidity risk and treasury models, including liquidity forecasting, stress testing, funding, and balance-sheet risk methodologies.
• Independently assess management’s remediation and closure of regulatory and Internal Audit findings related to model risk.
• Challenge model assumptions, methodologies, limitations, validation conclusions, and supporting documentation.
• Evaluate compliance with the organization’s model risk management framework and applicable regulatory expectations, including Federal Reserve/OCC SR 11-7 model risk management guidance.

Skills

Model validation

Audit experience

Regulatory knowledge

Data analysis

Education

Bachelor's degree

Tools

Excel

Job description

TALENT SHIFT, LLC seeks an experienced Model Validation Audit Consultant for a remote project in the United States. You will conduct independent audits of model validation and risk management, evaluating controls, data quality, and regulatory alignment.

Responsibilities cover CECL, market risk, liquidity models, and remediation of regulatory findings, with emphasis on challenging methodologies and ensuring compliance with SR 11-7 guidance.