Truist ยท 5 months ago
Quantitative Model Validation Officer III- Loss Forecasting
Atlanta, GA
Full-time
Onsite
Senior Level
7+ years expTruist Bank is seeking a Quantitative Model Validation Officer III for their Loss Forecasting team. The role involves performing advanced model validation and quantitative analysis, evaluating model controls, and serving as a resource for model risk management initiatives across the corporation.
BankingFinanceFinancial Services
Responsibilities
High performing individual who demonstrates the ability to perform model validations at an accelerated pace without sacrificing quality
Self-starter who solves problems with little to no guidance; brings solutions to the table otherwise
Independently perform model validations spanning multiple domains (e.g., credit risk, market risk, capital planning) to assess fit for purpose, conceptual soundness, mathematical theory and construct, assumptions, data/assumptions, and output reasonableness
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 all work product in a thorough and concise manner with minimal review edits needed
Serve as a consultant on model related projects, performing advanced quantitative analysis on models in development or models undergoing enhancements/rebuilds
Work effectively as a team member, assisting the Senior Model Validation Officer, external consultants and/or other analysts in model validation or other model risk management tasks
Serve as a resource for the corporation in all model risk management initiatives, including assisting the business units with the Model Risk Management policy, procedures, and training materials
Qualification
Required
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
7+ years of model validation, model development, or similar work experience
Preferred
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
A strong grasp of 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
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
Vacation
Sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
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