Senior Model Risk Leader

AgFirst Farm Credit Bank; Columbia (SC); Hybrid; USD 150,000 - 200,000; Full time

Job summary

AgFirst Farm Credit Bank seeks a Principal, Model Risk Management to lead validation oversight and governance of the Bank's model risk framework. This hybrid role collaborates with Finance, Treasury, Credit, Technology, Data, and Compliance to ensure control integrity and regulatory alignment across the model lifecycle.

The candidate will coordinate external validations, develop validation programs, and challenge methodologies, data quality, and performance with senior leadership and governance

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Data Science, Risk Management or related field.
• Master's degree preferred.
• 10+ years of experience in model risk management or related disciplines.
• 7-9 years in designing, validating, or overseeing MRMs and validations.
• 4-6 years interacting with regulators, auditors, or external validators.

Responsibilities

• Coordinate independent model validations and external reviews.
• Develop risk-based validation schedules based on risk ratings.
• Perform end-to-end validation of model design, data quality, and performance.
• Prepare validation work programs and supporting documentation.
• Provide independent challenge on methodologies, assumptions, and controls.
• Communicate findings to management and governance forums.
• Oversee model governance and lifecycle inspections for inventories and classifications.

Skills

Model Risk Management

Independent validation

Stakeholder advisory

Quantitative analytics

Regulatory knowledge

Written communication

Education

Bachelor's degree

Master's degree

Job description

AgFirst Farm Credit Bank seeks a Principal, Model Risk Management to lead validation oversight and governance of the Bank's model risk framework. This hybrid role collaborates with Finance, Treasury, Credit, Technology, Data, and Compliance to ensure control integrity and regulatory alignment across the model lifecycle.

The candidate will coordinate external validations, develop validation programs, and challenge methodologies, data quality, and performance with senior leadership and governance