Senior Quantitative Consultant: Model Risk & AI

Forvis Mazars US; Chicago (IL); On-site; USD 78,000 - 122,000; Full time

Job summary

Forvis Mazars, LLP is seeking a dynamic Quantitative Senior Consultant to join our Quantitative & AI Solutions team in Chicago. This role focuses on end-to-end model lifecycles including development and independent validation for risk management in highly regulated environments.

You will work with large financial institutions, partnering with senior stakeholders across Risk, Finance, Treasury, and Technology to strengthen MRM and model operations in line with SR 11-7 expectations.

Qualifications

• Bachelor's degree in a quantitative discipline.
• Two or more years of relevant professional experience.
• Proficiency with Microsoft Office suite applications.
• Experience with data analysis and data validation.
• Programming in R or Python and SQL.

Responsibilities

• Model validation and effective challenge of mathematical/model methods.
• Evaluate data inputs and assumptions for completeness and support.
• Test computational accuracy and performance analysis including back-testing.
• Validate a range of models including CECL, ALM/IRR, capital and liquidity stress testing.
• Document testing results and recommendations for model owners and executives.
• Prioritize workstreams and manage multiple engagements with attention to detail.

Skills

Data analysis

Python

R

SQL

Education

Bachelor's degree in a quantitative discipline

Tools

Microsoft Office

Job description

Forvis Mazars, LLP is seeking a dynamic Quantitative Senior Consultant to join our Quantitative & AI Solutions team in Chicago. This role focuses on end-to-end model lifecycles including development and independent validation for risk management in highly regulated environments.

You will work with large financial institutions, partnering with senior stakeholders across Risk, Finance, Treasury, and Technology to strengthen MRM and model operations in line with SR 11-7 expectations.