Immediate need for a talented Model Risk Analyst with experience in the Banking and Financials Industry. This is a 4+ Months contract opportunity with long-term potential and is located in Plano, TX. Please review the job description below.
Job ID: 19-53290
Key Responsibilities:
The Model Governance Sr. Analyst is part of the Enterprise Risk & Governance team responsible for identifying, assessing and reporting model risk.
The Model Governance Sr. Analyst aids with the continuous development of sound model risk management practices and supports the evolution and execution of the Model Governance Program.
This position is responsible for helping ensure that all aspects of the model’s lifecycle complies with Model Governance policies and procedures including the periodic validation and monitoring of models.
The role will perform independent model risk oversight activities, including model identification, determination, classification, inventory management, validation, review, issue remediation testing, reporting, and related activities.
Contribute to the development of a sound Model Risk Management Framework
Assist in the ongoing evolution of the Model Risk Management function
Manage the evaluation of new models, coordinate the validation of changes to existing models and the retirement of decommissioned models
Assess model risk
Assist with control design/implementation
Enhance and/or maintain guidance documentation to support the governance requirements of Model Risk Management
Support quarterly Model Impact Certification process
Support model lifecycle management and model validation for various stakeholders across business lines
Participate in special projects as needed
Model Governance Program/ Model Risk Mitigation Support
Assist in the evolution and execution of the Model Governance Program
Provide support in the execution of Model Risk Mitigation activities
Assist in improving the Model Risk Management program, by implementing best practices, recommending process improvements, and evolving standards/guidelines
Manage the database for model/tool inventory, validation findings and remediation plans
Work across lines of businesses to assess model risk
Demonstrate independence and strong compliance to policy and procedures in model review activities
Key Requirements and Technology Experience:
The candidate must have Model Risk Management/ Model Governance experience
Although technical modeling skills/ exposure are a plus, those who have strictly model development and validation backgrounds are not the ideal candidate for this role as the function is more Risk driven in nature
Familiarity with Enterprise Risk Management Methodologies
Financial Services, banking or automotive industry experience
Strong oral and written communication skills
Detail-oriented
Ability to prioritize, manage time well, and multitask
Ability to work with ambiguous or changing work situations, tasks, assignments
A high degree of organization skills with the ability to work in a deadline driven environment
2-3 years experience writing and/or reviewing comprehensive statistical model documentation
Our client is a leading Banking and Financials Industry and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.
Numbers & Facts
Location
Plano, TX
Job Type
Full-time
Skills
Analysis Skillsunmatched
Automotive Industryunmatched
Banking Servicesunmatched
Best Practicesunmatched
Business Modelunmatched
Communication Skillsunmatched
Database Administrationunmatched
Database Designunmatched
Detail Orientedunmatched
Documentation Modelsunmatched
Establish Prioritiesunmatched
Financeunmatched
Financial Servicesunmatched
Inventory Managementunmatched
Management Strategyunmatched
Model Reviewunmatched
Model Validationunmatched
Multitaskingunmatched
Organizational Skillsunmatched
Presentation/Verbal Skillsunmatched
Process Improvementunmatched
Process Modelingunmatched
Riskunmatched
Risk Analysisunmatched
Risk Managementunmatched
Risk Management Framework (RMF)unmatched
Risk Modelingunmatched
Statistical Modelingunmatched
Support Documentationunmatched
Time Managementunmatched
Writing Skillsunmatched
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