Senior Model Risk Validator – Banking & Analytics

Banner Bank; Portland (OR); Remote; USD 117,249 - 154,493; Full time

Benefits offered by this job

401(k) with up to 4% match

Tuition reimbursement

Comprehensive medical, dental, and vision insurance

Paid vacation and sick time

Annual incentive potential

11 company paid holidays

Job summary

Banner Bank in Portland, OR is seeking a seasoned professional for a role in model risk management. Responsibilities include validating financial models, collaborating with stakeholders, and preparing reports for leadership. Candidates should possess a Master’s degree and over six years of relevant banking experience.

The position offers a comprehensive benefits package, including medical coverage, vacation time, and a 401(k) match.

Qualifications

• 6+ years of bank credit experience in model risk management or quantitative finance.
• Ability to communicate complex technical concepts effectively.
• Hands-on experience with validation techniques like back-testing and stress testing.

Responsibilities

• Perform validations and periodic reviews of financial and risk models.
• Design and implement model test plans and analytical tools.
• Prepare validation reports and presentations for senior leadership.
• Collaborate with stakeholders on model performance and standards adherence.

Skills

Model risk management

Statistical analysis

Quantitative finance

Excel

R

SAS

SQL

Education

Master's degree in Statistics, Mathematics, Economics, Finance, or quantitative discipline

Job description

Banner Bank in Portland, OR is seeking a seasoned professional for a role in model risk management. Responsibilities include validating financial models, collaborating with stakeholders, and preparing reports for leadership. Candidates should possess a Master’s degree and over six years of relevant banking experience.

The position offers a comprehensive benefits package, including medical coverage, vacation time, and a 401(k) match.