Quantitative Model Validation Officer I

Truist • Atlanta, GA

5d

About The Position

Under the general supervision of the Senior Model Validation Officer, perform advanced level model validation for the corporation. Focus primarily on model validation and quantitative analysis, but also evaluate other model controls and serve as a resource for the corporation in all model risk management related tasks.

Requirements

• Master's degree in a quantitative discipline or equivalent education and related training.
• Basic computer programming skills (Python, MatLab, SAS, VBA, etc.).
• Excellent communication (verbal and written), organizational and interpersonal skills.
• High attention to detail and ability to think at the organizational level.

Nice To Haves

• Ph.D. in quantitative finance, mathematics, statistics or a related field.
• One or more of CFA/PRM/FRM professional designation.
• Advanced competency programming in languages such as Java, C++, TensorFlow, SAS etc.
• Exposure to one or more financial modeling disciplines such as credit score modeling, asset-liability management, stress testing, term structure modeling, fraud detection, value-at-risk, capital planning models, loan loss reserve (CECL) modeling, etc.

Responsibilities

• Independently perform model validations spanning credit risk, market risk, and capital planning domains to assess fit for purpose, conceptual soundness, mathematical theory and construct, assumptions, data/assumptions, and output reasonableness.
• Work with Senior Model Validation Officer on more complex model validation findings and remediation.
• Evaluate other model controls such as model performance tracking, change management, access control, and documentation.
• Evaluation of validation findings remediation activity including analytical evaluation of residual risk.
• Document validation effort in the form of a written report.
• Directly support and assist in the duties of the Senior Model Validation Officer.

Benefits

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• 401k plan
• no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment
• 10 sick days (also prorated)
• paid holidays
• defined benefit pension plan
• restricted stock units
• deferred compensation plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level