- Phoenix, AZ, USA
- Permanent, Full time
- Selby Jennings QRF
Model Validation - Lead
- Location: Phoenix, AZ, USA
- Salary: Negotiable
- Job Type: Full time
The world of model risk management is always changing and knowledge of the latest technologies will always be in high demand. With new approaches to model risk there is a requirement for strong model validators to assure models are performing at an optimal level and remain compliant with federal regulations. This exciting opportunity will sit on an expanding model validation function working across both retail and wholesale credit. This role will be using the latest technologies to implement machine learning methodologies to existing statistical models across the firms book of business. You will be required to gather reports to be presented to the head of model risk management.
Lead model validation efforts for all retail credit products for CECL and CCAR requirement.
Collaborate with other teams across the business to assure optimal model performance.
Strategize with senior management and regulators to assure compliance with federal requirements.
Develop new modeling methodologies and approaches to machine learning.
4-7 years of experience working with credit risk models ( Mortgage model experience is an added bonus)
Master's degree or above in and STEM field of study.
Proven experience working with models for CECL regulatory requirements.
Strong working knowledge in R, Python and SAS.