Model Validation Role - Credit/Market/Financial Risk Management - Banking

Specifically this individual will have responsibility to :

- Execute the Validation processes for his/her area of specialty in accordance to applicable Policies, in particular:

- Ensure credible challenge of models through validation process.

- Evaluate all relevant components of models and assess model soundness across lifecycle as applicable

- Identify areas of weakness and work with Model Owners, CFMO, and other key stakeholders to ensure risk commensurate remediation,

- Ensure timely validation delivery

- Establish reporting and escalation protocols of review results and follow up on identified issues/observations.

- Continually work to improve consistency and quality of independent model validation

- Ensure all models within scope are independently validated per expected standards and schedule.

- Build and maintain effective working relationships with LOB Model Governance, Model Owners, Model Program team members, and CFMOs across organization.

- Understand model risk supervisory guidance, Model Risk Management Policy, and current industry best-practices

The Candidate :

- This leader will have substantial experience in Finance to facilitate credible challenge of the processes/models and to develop the skills of the validation team.

- Successful candidates will be articulate and capable of building collaborative working environments including leading process improvement projects.

Required Qualifications :

- 2+ years of experience in financial in one or a mix of Planning and analysis, PPNR analysis and models, Asset and Liability management

- Degree in statistics, math, engineering, physics, accounting, finance, economics, econometrics, computer sciences, or business/social and behavioral sciences with a quantitative emphasis preferred

- Expertise in Banking Financial Planning and analysis with particular focus on Pre-Provision Net Revenue (PPNR) across banking products.

- Understanding of revenue and expense generating dynamics in asset and liability products.

- Experience understanding financial projections of balance sheet, revenue and expense line items, particularly in capital stress testing scenarios

- Expertise in Banking Financial Planning and analysis with particular focus on Pre- Provision Net Revenue (PPNR) across banking products.

- Understanding of revenue and expense generating dynamics in asset and liability products.

- Experience understanding financial projections of balance sheet, revenue and expense line items, particularly in capital stress testing scenarios

- Proficiency managing databases, spreadsheets, and programming (understanding code and coding).

- Strong analytical skills with high attention to detail and accuracy