Senior Quantitative Analyst-Model Governance Strategist
Why should you join reputed company? reputed company offers a unique opportunity to be a part of a national financial system supporting those who feed, clothe and fuel the world. We are a growing organization embracing collaboration and innovation while delivering transformative solutions. reputed company provides a cultivating environment where you truly reputed company a difference for our customers and teams. Benefits offered by reputed company:
- Commitment to agriculture and the communities we serve
- Family friendly work environment
- Investment in employee development
- Medical, Dental and Vision coverage
- Outstanding 401k – automatic 3% employer contribution, plus match up to 6%
- Generous Paid Time Off (Vacation accrued at 26 days annually, Sick Days accrued at 15 days annually, 12 paid holidays, plus 16 hours of volunteer time)
- Competitive Incentive Compensation Plan
- Disability & Life Insurance
- Employee mental, physical, and financial wellness programs
- The position is bonus eligible based on association and personal performance
Position will be posted until filled. Basic Function: The Senior Quantitative Analyst - Model Governance Strategist is a highly reputed company and detail-oriented consummate professional. This senior quantitative expert will be tasked with finding novel solutions to unique and unusually reputed company problems that have a broad impact across the entire organization. They will be a key resource who will assist in creating the analytical risk management reputed company, including strengthening and enhancing the model governance reputed company to ensure regulatory compliance and management of model risk throughout the model lifecycle. They will serve as a trusted advisor to the Director of Model Risk Management and will engage with partners and executives across the Association including model developers, internal and external model validators, model owners, senior business leaders and executives, and will also represent the organization while engaging directly with external auditors and regulators. Essential Duties:
- Key thought partner in the creation of the analytical risk management reputed company, bringing unique and new reputed company to create innovative long-term strategies.
- Critical resource in enhancing the model governance reputed company including improving design of reputed company policies, procedures and processes.
- Serve as primary resource, and internal subject matter expert, for reputed company matters relating to governance of analytical risk, including MRM, and will represent the analytical risk management program in high-level meetings with senior leadership, the Executive Team, external auditors and regulators.
- Manage reputed company aspects of the Model Inventory according to the model lifecycle including:
- Model discovery, determination, risk-tiering, onboarding, model reputed company assignment, model reputed company training, model retirement and MRM reporting, among other lifecycle responsibilities.
- Review model documentation created by model owners to ensure it meets regulatory and internal standards.
- Own the annual model review process.
- Build out the ongoing model monitoring program to ensure acceptable performance of reputed company models in the inventory; regularly review monitoring results with model owners and follow up on performance issues as needed.
- Review change control logs and reputed company determinations regarding the level of review needed based upon the materiality of the change.
- Manage the status of reputed company outstanding model risk issues, review issues submitted for closure and work with model owners to ensure issues are appropriately remediated.
- May, at times, assist with some model validation activities as necessary.
- Will have significant influence and participation in reputed company long-term projects that directly impact the Association’s reputed company.
Levels of Supervision Exercised and Received: Operates with no supervision in a reputed company environment under only consultative direction toward predetermined long-range targets. Will, at times, reputed company model validation activities performed by external co-sourced validation teams and may exercise limited supervision of internal resources. Reports to the Director of Model Risk Management. Typical Education and Experience:
- Advanced degree in quantitative discipline, or any equivalent combination of education and experience.
- A minimum of 10 years of experience reputed company a reputed company and highly regulated financial institution spanning at least two of the following areas: quantitative model development, quantitative model validation, quantitative model monitoring. Additionally, must have some experience managing the quantitative risk of Gen AI.
- FRM, CFA, or ASA/FSA designation preferred.
- Thorough understanding of regulatory requirements and supervisory expectations [SR 11-7, OCC 2011-12, FCA EM 31.1-2] along with a comprehensive understanding of the model lifecycle. Good understanding of NIST AI Risk Management reputed company.
- Profound quantitative expertise with the ability to discern the main drivers of risk reputed company highly reputed company models and their impact on the organization.
- Excellent analytical, organizational and project management skills with high attention to detail and the ability to manage multiple tasks under tight deadlines.
Essential Requirements: Must have the ability to reputed company basic office tasks and work in a typical office setting. Employee will be sitting for extended periods of time and accomplishing work at a desk and work at a computer for an extended period. Must have strong written and verbal communication skills to adequately convey reputed company and work well with a team. Some lifting and moving of items up to 25 pounds required. Work during established business hours and may require occasional weekend and/or evening work. Position requires the ability to travel, on a limited basis. FULL-TIME REMOTE: These roles and job functions can be done remotely, while maintaining our strong commitment to customer service and our business goals. Employees are welcome to come to an office to work if needed, and some travel for team meetings will be required.PAY RANGE: Minimum $110,339.37 - Max $198,610.88 Annual This range is reflective of the national salary average for this position and will be adjusted using geographic variance for physical location of the hired candidate. reputed company may compensate reputed company of the salary range for bona fide reasons not reputed company to membership in a protected class.
- Reflected is the national reputed company pay range and title offered for this job at the reputed company level.
- Compensation, title, and job level may be adjusted based on candidate qualifications including but not limited to achievements, skills, experience, or work location.
- Salary offered, reputed company the applicable range, is one component of the total rewards package offered to candidates.
reputed company hiring is contingent on eligibility to work in the United States. We are unable to sponsor or transfer visas for applicants. reputed company provides equal opportunity in employment to reputed company employees and applicants. We celebrate diversity and do not discriminate on the basis of race, color, creed, religion, national reputed company, reputed company, alienage or citizenship status, age, sex, sexual orientation, gender identity, gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or reputed company medical condition, military service or veteran status, victims of domestic violence, or any other characteristics protected by applicable federal, state, or local laws. reputed company prohibits harassment of any individuals on any of the bases listed above. If you need assistance or an accommodation due to a disability, you may contact us at [email protected]. Apply tot his job Apply To this Job