Senior Model Risk & Validation Lead

Banner Bank; Jacksonville (FL); Remote; USD 117,000 - 154,000; Full time

Benefits offered by this job

Medical, dental, vision

LTD/STD and life insurance

Paid vacation time and holidays

401k with up to 4% match

Tuition reimbursement

Job summary

Banner Bank is seeking a senior model risk professional to validate and monitor financial models that inform critical bank decisions. You will lead full-scope validations, design test plans, and ensure data integrity across governance processes.

We value advanced quantitative skills, strong communication, and the ability to translate complex concepts for technical and non-technical audiences. Travel up to 10% may be involved.

Qualifications

• Master's degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline (Required).
• 6+ years of bank credit experience in model risk management, model development, or quantitative finance (Required)

Responsibilities

• Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance
• Design and implement model test plans, including reusable code and analytical tools to support future validations
• Partner with business units to monitor ongoing model performance and ensure alignment with expectations
• Collaborate with stakeholders to support adherence to model development and implementation standards
• Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank
• Prepare clear, thorough validation reports and presentations for senior leadership
• Maintain detailed documentation and track progress on model risk initiatives
• Stay current on industry trends, regulatory expectations, and emerging practices in model risk management

Skills

Statistics

Quantitative methods

Back-testing

Sensitivity analysis

Stress testing

Benchmarking

Model governance

Communication

Excel

R

SAS

SQL

Education

Master's degree in Statistics/Mathematics/Economics/Finance

Tools

Excel

R

SAS

SQL

Job description

Banner Bank is seeking a senior model risk professional to validate and monitor financial models that inform critical bank decisions. You will lead full-scope validations, design test plans, and ensure data integrity across governance processes.

We value advanced quantitative skills, strong communication, and the ability to translate complex concepts for technical and non-technical audiences. Travel up to 10% may be involved.