Senior Model Validation Specialist (Hybrid/Remote)

Alliant Credit Union; Chicago (IL); Hybrid; USD 95.100 - 163.100; Vollzeit

Benefits dieser Stelle

Annual performance bonus

Work from home up to 3 days a week

Education reimbursement

11 paid holidays

Health care, vision, dental, 401k with

Zusammenfassung

Alliant Credit Union in Chicago is seeking an experienced model risk validator to join the second line of defense. This hybrid role supports validation across credit risk, ALM, finance, and underwriting, partnering with model owners and AI governance stakeholders.

Responsibilities include preparing validation reports, challenging methodologies, and ensuring compliance with internal policies and regulatory guidance.

Qualifikationen

• Minimum 4-year bachelor's degree in a quantitative field as listed.
• Minimum 5 years of model build, test, implement, or validation experience in financial services.
• Preferred 7 years of experience in model development or validation.

Aufgaben

• Independently execute model validations across credit, market, operational risk, loss forecasting, stress testing, ALM, AML, fraud, pricing and CECL models.
• Apply analytical judgment to evaluate input data, conceptual soundness, performance, implementation and governance.
• Prepare and document validation reports with findings, conclusions, and actionable recommendations.
• Partner with AI governance stakeholders to assist with review and onboarding of new AI solutions.
• Assess ongoing performance monitoring results and identify weaknesses and remediation needs.
• Enhance validation methods, tools, templates, and practices to align with evolving regulatory guidance.
• Review validation work by third-party vendors and evaluate methodologies and conclusions.
• Collaborate with first-line model owners to support issue management and remediation planning.
• Present validation results and risk assessments to MRM leadership and stakeholders.
• Support model risk governance activities, inventory maintenance, and reporting to committees.

Kenntnisse

Model validation

Regulatory compliance

Risk management

Data analysis

Ausbildung

Bachelor's degree in Mathematics, Statistics, Economics, Quantitative Finance, Engineering, Computer Science or related

Graduate degree in Mathematics, Statistics, Economics, Quantitative Finance, Engineering, Computer Science or related

8 years of Build, test, implement, or validate models in financial services (alternate to education)

Jobbeschreibung

Alliant Credit Union in Chicago is seeking an experienced model risk validator to join the second line of defense. This hybrid role supports validation across credit risk, ALM, finance, and underwriting, partnering with model owners and AI governance stakeholders.

Responsibilities include preparing validation reports, challenging methodologies, and ensuring compliance with internal policies and regulatory guidance.