Senior Model Risk Analyst, LOB Models (Remote)

Talentify.io; United States; Remote; USD 150,000 - 185,000; Full time

Job summary

An established industry player in banking and financial services is seeking a skilled professional for a remote role focused on model risk management. This position offers the chance to engage in impactful projects, develop partnerships, and contribute to the organization's growth. Ideal candidates will have strong Python and SQL skills, along with a solid background in risk analytics. Join a dynamic work environment where your expertise will help shape the future of financial services and elevate your career. Don't miss this opportunity to make a difference!

Qualifications

• 6 years of experience in risk analytics or 10 years with a GED.
• Strong coding skills in Python and SQL for model exercises.

Responsibilities

• Write Python code for model development activities.
• Assess model documentation and write validation reports.

Skills

Python

SQL

Quantitative Skills

Econometric Modeling Techniques

Writing Skills

Education

Bachelor's Degree in Risk Analytics

High School Diploma or GED

Master’s or Doctoral Degree in Quantitative Focus

Job description

Employer Industry: Banking and Financial Services

Why consider this job opportunity:
- Salary up to $185,000.00
- Opportunity for career advancement and growth within the organization
- Work remotely from various locations across the United States
- Engaging and dynamic work environment focused on model risk management
- Chance to develop strong partnerships with business lines and contribute to impactful projects

What to Expect (Job Responsibilities):
- Write Python code to independently replicate end-to-end model development activities
- Assess model documentation for completeness and conceptual soundness
- Independently write model validation reports and memos related to model risk management
- Develop and maintain effective partnerships with model analysts, business level risk management teams, and auditors
- Support the lines of business in maintaining an accurate model inventory and managing model-related responsibilities

What is Required (Qualifications):
- Bachelor's Degree and 6 years of experience in risk analytics OR High School Diploma or GED and 10 years of experience in risk analytics
- Strong coding skills in Python and SQL for model and data exercises
- Proven experience in model development and validation activities
- Strong quantitative skills specific to econometric modeling techniques
- Excellent writing skills for drafting validation reports and communications

How to Stand Out (Preferred Qualifications):
- Master’s (MS/MSc) or Doctoral (PhD) Degree with a quantitative focus, such as mathematics, physics, statistics, or engineering
- Experience working in a large financial institution
- Recent hands-on experience with econometric and data coding exercises
- Familiarity with key aspects of model risk management
- Strong meeting management skills, including leading discussions with senior stakeholders

#Banking #FinancialServices #RiskManagement #RemoteWork #CareerGrowth

About the company

First Citizens commercial banking helps you find solutions, services and products that fit your commercial business needs.