Director of Model Validation

United Community Bank • Greenville, SC

41d

About The Position

United Community is seeking a Director of Model Validation to lead UCBI's model validation program in compliance with SR 11-7. This role involves executing high-risk validations, managing a team of junior validators, and ensuring best practices in model risk management. The Director will also assist with annual risk assessments, validation scheduling, and reporting on model risk activities.

Requirements

• Bachelor's degree in Statistics, Econometrics, Economics, Mathematics, or related quantitative field.
• Minimum 5 years of relevant experience; advanced degree plus 3 years preferred.
• Strong knowledge of quantitative analysis and statistical techniques.
• Proficiency in Python (advanced), R, MATLAB, or SQL.
• Prior experience in model validation, development, or risk management.
• Familiarity with regulatory requirements (SR 11-7, ECOA, FCRA).

Nice To Haves

• Advanced degree (Master's or Ph.D.) or professional certifications.
• Experience with financial modeling, machine learning, and AI applications.
• Excellent analytical, problem-solving, and communication skills.
• Ability to lead and mentor junior analysts.

Responsibilities

• Lead Model Validation Program: Oversee internal and external validators to ensure high-quality validation across UCBI's model inventory.
• Perform Independent Validations: Conduct validations for credit risk, valuation, ALM, fraud, BSA/AML, operations, and marketing models.
• Collaborate with Stakeholders: Engage with model owners, developers, and other stakeholders to provide effective challenge throughout the model lifecycle.
• Risk Assessment & Planning: Assist in annual risk assessments, schedule validations, and track findings.
• Regulatory Compliance: Apply regulatory guidance (SR 11-7, OCC Bulletin 2011-12) during validations and maintain compliance standards.
• Research & Continuous Improvement: Stay current on modeling best practices and validation techniques.
• Reporting & Documentation: Review model documentation and prepare model risk-related reports.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 1,001-5,000 employees