Manager- R&C

About the role

The Model Validation Analyst is responsible for independently assessing the conceptual soundness, performance, implementation, and ongoing monitoring of models used across the Bank. The role supports the Bank's Model Risk Management (MRM) framework by conducting rigorous validations in accordance with regulatory requirements, including the U.S. Federal Reserve's SR 26-2 Guidance on Model Risk Management and applicable OCC and FDIC expectations.

What you'll do

• Responsible for independently assessing the conceptual soundness, performance, implementation, and ongoing monitoring of models used across the Bank
• Perform independent validations and reviews of models/EUCs across the model lifecycle under supervision of the US team
• Assess model conceptual design, methodology, assumptions, limitations, data quality, implementation, and usage
• Conduct quantitative testing, including: Outcome analysis Benchmarking Back-testing Sensitivity analysis Stress testing Performance monitoring reviews Evaluate model…
• Verify compliance with internal model risk policies and regulatory guidance

What you need

• 1–4 yrs of experience
• Machine learning
• Python
• SQL
• Statistics
• R
• SAS
• B.Sc or B.Com

Good to have

• Performance testing
• Credit risk
• Market risk
• AML
• Internal audit