Senior Model Risk Validation Analyst (Hybrid/Remote)

FinTrust Connect; Chicago (IL); Hybrid; USD 96,432 - 206,640; Full time

Job summary

A financial consultancy in Chicago is seeking a Validation Senior Analyst to lead model validations across market and credit risk. Candidates should have 4-7 years of experience in model validation, backtesting, and familiarity with tools like Python and SQL. This hybrid role offers consultant pay between $70 and $150 per hour, with the possibility of remote work options. Strong report writing skills are essential for engaging with risk and audit stakeholders.

Qualifications

• 4 to 7 years in model validation or quantitative audit.
• Proven work on backtesting and benchmarking.
• Comfort with version control and notebooks.

Responsibilities

• Lead testing across market, credit, and treasury models.
• Execute full scope validations with reproducible scripts.
• Draft findings with severity, dates, and ownership.
• Build monitoring KPIs and drift checks.
• Prepare exam evidence and respond to RFIs.

Skills

Model Validation

Backtesting

Benchmarking

Python

R

SQL

Report Writing

Job description

A financial consultancy in Chicago is seeking a Validation Senior Analyst to lead model validations across market and credit risk. Candidates should have 4-7 years of experience in model validation, backtesting, and familiarity with tools like Python and SQL. This hybrid role offers consultant pay between $70 and $150 per hour, with the possibility of remote work options. Strong report writing skills are essential for engaging with risk and audit stakeholders.