Model Risk (Financial) Analyst

Description

RESPONSIBILITES

The MRM (Financial) Analyst will primarily provide support to the MRM team through routine annual review and validation activities of financial models. This will require review and research of model documentation and industry guidance as well as interaction with model owners from various departments within the Bank. While focused on independent annual review or validation of models, the MRM Analyst team will contribute to all administrative elements of the MRM Program including but not limited to :

• model identification and inventory,
• model risk classification,
• performance monitoring reporting collection and review,
• model change notifications follow-up,
• update and follow-up of items identified for remediation,
• preparation of management and / or committee reports.

How you'll make an impact :

QUALIFICATIONS :

Analyst I, II, III, or Senior determined based on years of relevant experience and demonstrated achievement. A Senior Analyst requires experience in team leadership and oversight.

Minimum Requirements

Preferred Experience

Qualifications

Behaviors Team Player - Works well as a member of a group

Detail Oriented - Capable of carrying out a given task with all details necessary to get the task done well

Education Bachelors of Accounting (required)

Experience Knowledge of financial theory for credit, market, and asset liability management is necessary to complete most validations. (required)

Familiarity with regulatory guidance on Safety and Soundness, especially OCC 2011-12 (SR 11-7). (preferred)

Prior work experience in the financial services industry. (preferred)

Industry experience as a building or testing financial models. (preferred)

Skills

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

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