Strategic Model Risk Manager for Financial Services

Crowe; Boston (MA); Remote; USD 107,000 - 218,000; Full time

Job summary

Crowe is seeking a Model Risk Manager to lead consulting engagements for financial services clients, focusing on model risk management and validation across credit risk, finance, and treasury models. You will supervise teams, manage projects from planning to delivery, build client relationships, and contribute to proposals while staying within budget.

Travel up to 25% may be required. The role emphasizes owning engagements, clear reporting, and delivering actionable recommendations with

Qualifications

• Bachelor’s degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience.
• 5+ years’ experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.
• Working knowledge of model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
• Credit risk model types (e.g., CECL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc.).
• Other model types (e.g., Asset Liability Management, Pricing, Mortgage Servicing Rights, etc.).
• Direct experience performing model validations or model development (back testing, stress testing, sensitivity testing, benchmarking).
• Technical knowledge about data processing, data storage, and data visualization.
• A self-starter with ability to prioritize multiple tasks, research and solutions.
• Write and present to clients clear reports with meaningful recommendations.
• Ability to lead and manage a team; travel up to 25%.

Responsibilities

• Supervise, train and review the work of other consultants.
• Manage key aspects of client service projects from planning to completion.
• Become a trusted advisor to client management with recommendations and solutions.
• Support proposals and business development by identifying new target clients and presenting proposals.
• Lead development of new services in response to industry trends and client challenges.

Skills

Model Risk

Credit risk

Regulatory knowledge

Data processing

Visualization

Team leadership

Client relationships

Python/R

Education

Bachelor’s degree in Finance/Statistics/Financial Engineering/Economics

Graduate degree a plus

Tools

SAS

Matlab

Stata

Python

R

SQL

Power BI/Tableau/QlikView

Job description

Crowe is seeking a Model Risk Manager to lead consulting engagements for financial services clients, focusing on model risk management and validation across credit risk, finance, and treasury models. You will supervise teams, manage projects from planning to delivery, build client relationships, and contribute to proposals while staying within budget.

Travel up to 25% may be required. The role emphasizes owning engagements, clear reporting, and delivering actionable recommendations with