
Associate – Model Risk Management
Elliott Davis
full-time
Posted on:
Location Type: Office
Location: Charlotte • North Carolina • Tennessee • United States
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About the role
- As an Associate, you will support senior team members and gain hands‑on experience in areas such as model validation, financial risk assessment, and analytical review.
- Responsibilities include: Assist in performing model validations, internal audits, and consulting engagements related to Current Expected Credit Losses (CECL), Asset Liability Management (ALM), Interest Rate Risk (IRR), and Liquidity Risk.
- Conduct research and analysis to identify model assumptions, limitations, and potential control risks.
- Perform testing and documentation of model components, including data inputs, methodologies, and outputs.
- Support the evaluation of cash flow modeling, forecast performance, and model reasonableness.
- Apply understanding of key economic indicators such as unemployment, GDP, inflation (CPI), and interest rates to assess model behavior and risk impacts.
- Assist in preparing clear, professional reports summarizing validation procedures, findings, and recommendations.
- Participate in client discussions with senior team members, helping address questions and gather information.
- Contribute to project organization and workflow management across multiple concurrent engagements.
- Support the team through research, analysis, and development of internal tools or process enhancements.
- Perform other duties as assigned.
Requirements
- Bachelor’s degree in business, accounting, economics, finance, mathematics, statistics, or related analytical field; or an equivalent combination of education and relevant experience.
- 0–3 years of experience in financial analysis, risk management, modeling, or related analytical roles (internships accepted).
- Foundational understanding of: Cash flow modeling concepts Financial and economic indicators such as unemployment, GDP, CPI, and interest rates Strong analytical and problem‑solving abilities.
- Effective written and verbal communication skills.
- Ability to work independently and in a team environment.
- High attention to detail and a willingness to learn complex financial concepts.
- Exposure to CECL, ALM, IRR, or Liquidity Risk concepts through coursework, internships, or project experience (desired).
- Familiarity with financial modeling software, statistical tools, or programming languages (e.g., Excel VBA, SQL, Python, R) (desired).
- Interest in pursuing a career in Model Risk Management or quantitative financial analysis (desired).
Benefits
- generous time away and paid firm holidays, including the week between Christmas and New Year’s
- flexible work schedules
- 16 weeks of paid maternity and adoption leave, 8 weeks of paid parental leave, 4 weeks of paid and caregiver leave (once eligible)
- first-class health and wellness benefits, including wellness coaching and mental health counseling
- one-on-one professional coaching
- Leadership and career development programs
- access to Beyond: a one-of-a kind program with experiences that help you expand your life, personally and professionally
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
model validationfinancial risk assessmentanalytical reviewcash flow modelingfinancial analysisrisk managementmodelingdata inputsmethodologiesoutputs
Soft Skills
analytical abilitiesproblem-solvingwritten communicationverbal communicationindependenceteamworkattention to detailwillingness to learn