Model Validation AVP
Workday
full-time
Posted on:
Location Type: Office
Location: New York City • New York • United States
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Salary
💰 $100,000 - $160,000 per year
Job Level
About the role
- Validate and approve models for specific usages both at inception and on a periodic basis
- Conduct annual reviews of models
- Assess model conceptual soundness, performance, and documentation of risks
- Document validation findings and provide actionable insights
- Evaluate model interactions and aggregate results for regulatory submissions
- Design methodology to measure model risk
- Collaborate closely with functions/business divisions
- Coach team members and set performance objectives
- Identify new directions for projects and consult on complex issues
- Communicate complex information and influence stakeholders
Requirements
- Experience in model validation, model development, or model risk management
- Understanding of quantitative techniques and statistical models
- Knowledge of financial crime, AML, transaction monitoring, or surveillance models
- Experience with machine learning methods and analytical tools
- Ability to perform data analysis, benchmarking, and model performance assessment
- Understanding of model governance frameworks and regulatory requirements
- Stakeholder management and ability to challenge effectively
- Advanced Excel and data handling skills
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
model validationmodel developmentmodel risk managementquantitative techniquesstatistical modelsmachine learning methodsdata analysisbenchmarkingmodel performance assessmentmodel governance frameworks
Soft Skills
stakeholder managementcoachingperformance objectives settingcommunicationinfluencing