Model Risk Manager

Model Risk Manager

Location : CityScape

As a Model Risk Manager, you'll work closely with the Model Validation Director to identify, assess, mitigate, and monitor model risk, and contribute to the development of the bank's Model Risk Management program. You'll conduct independent testing / validation to assess model accuracy and robustness under different scenarios and market conditions to quantify model risks due to model limitations then develop compensating controls. You'll develop high-quality validation reports that highlight risks and limitations of models and communicate findings.

Responsibilities include :

• Independently conduct hands-on validation / testing work with minimal supervision.
• Leverages statistical, financial, economic, and business expertise to conduct and / or oversee independent model validation activities outlined in the bank's Model Risk Management Policy and Federal Reserve SR 11-7 (e.g., evaluating conceptual soundness, reviewing ongoing monitoring plans and reports, and conducting outcomes analysis).
• Enhance policies and procedures, assist with model governance activities to ensure model risk issues are effectively remediated.
• Write high quality model validation reports and / or presentations.
• Keeps abreast of research and trends in statistical modeling and model risk management.
• Provide mentorship and guidance to junior staff members. May lead and develop a team in the future; responsible for hiring, coaching, performance management, training and development.

Qualifications include :

Benefits include : competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company : Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and / or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.