Model Risk Manager

Crowe•Tampa, FL

1d•$51 - $105•Hybrid

About The Position

The Model Risk Manager will be responsible for performing and managing consulting projects for a variety of financial services clients. This primarily includes consulting with clients about model risk management practices and providing model validation services, primarily for credit risk, finance, and treasury management models (asset liability management, liquidity, interest rate risk).

Requirements

Bachelor’s degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience.
5+ years’ experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.
Working knowledge of: Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
Working knowledge of: Credit risk model types (e.g., CECL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc.).
Working knowledge of: Other model types (e.g., Asset Liability Management, Pricing, Mortgage Servicing Rights, etc.).
Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking.
Technical knowledge about data processing, data storage, and data visualization.
A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions.
Write and present to clients clear and concise reports and presentations containing meaningful recommendations.
Engagements are frequently conducted remotely.

Nice To Haves

Graduate degree a plus.
Solid analytical background and knowledge of econometrics.
Knowledge of risk ratings, risk rating /scorecard methodology, model governance, model development, CECL, DFAST, CCAR and capital allocation methodology would be a plus.
Experience with statistical packages such as SAS, Matlab, Stata, Python, and R.
Experience with database management, such as SQL.
Experience with data visualization tools such as Microsoft Power BI, Tableau, QlikView.
Basic understanding of trends in artificial intelligence and machine learning.
Professional certification preferred (e.g., RMA CRC, CFA, FRM).

Responsibilities

Supervise, train and review the work of other consultants.
Manage key aspects of client service projects from planning to completion.
Become a trusted advisor to client management by providing appropriate recommendations and solutions. Able to make and sustain meaningful client relationships.
Support proposal and business development activities by identifying new target clients, building business relationships with key executives, and developing and presenting proposals.
Understand industry trends and client challenges in order to lead the development of new services and solutions.
Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer.
Ability to lead and manage a team.
Manages engagement to ensure quality and is delivered within budget.