Senior Model Risk Management Analyst
Lead
full-time
Posted on:
Location Type: Remote
Location: California • Montana • United States
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Salary
💰 $152,000 - $175,000 per year
Job Level
About the role
- Track ongoing oversight of model usage of Lead Bank’s partners throughout the model life cycle
- Track KRIs related to model performance and efficacy
- Review model validation, development, and ongoing monitoring documentation for a range of models from scorecards, regressions, and other machine learning algorithms across the various products offered by Lead’s partners.
- Assist in the maintenance of Lead’s Model Inventory
- Assist with due diligence on fintech partner model risk management process as part of partner onboarding
- Engage with stakeholders: Work closely with partner program managers, risk, finance, legal/compliance, customers/partners, and other related function group personnel to identify, assess, monitor, and manage model risk proactively.
- Design and produce model risk metrics and reporting for internal Board Committees and other stakeholders
- Perform other duties as assigned
Requirements
- Hold a Bachelor’s Degree or higher in a quantitative discipline such as math, physics, econometrics, statistics, or financial engineering.
- Have 5 or more years of working experience in quantitative / statistical model development, model validation and/or model risk management
- Familiarity with traditional statistical models (e.g. linear / logistic regressions) as well as more advanced machine learning models (e.g. gradient boosting models)
- Possess a strong quantitatively oriented knowledge of financial products and industry best practices and regulatory requirements for model risk management.
- Strong verbal and written communication skills.
- Have a collaborative mind-set with strong interpersonal skills.
- Excel at explaining highly technical, complex concepts so that internal and external partners with diverse backgrounds can understand
- Highly adaptive, flexible and able to execute to rapidly changing conditions and priorities
Benefits
- Competitive compensation based on experience, geographic location, and role
- Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
- Paid parental leave
- Flexible vacation policy, including PTO and paid holidays
- A fun and challenging team environment in a dynamic industry with ample opportunities for career growth
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
quantitative model developmentmodel validationmodel risk managementstatistical modelslinear regressionlogistic regressionmachine learninggradient boosting modelsmodel performance trackingmodel monitoring
Soft Skills
verbal communicationwritten communicationinterpersonal skillscollaborationadaptabilityflexibilityproblem-solvingstakeholder engagementtechnical explanationproactive management