Model Validation Analyst jobs in United States
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United Community · 2 months ago

Model Validation Analyst

positionGreenville, SC
timeFull-time
remoteOnsite
senioritySenior Level
money$60K/yr - $93K/yr
date5+ years exp

United Community is seeking a Model Validation Analyst to conduct independent validations of various models in compliance with SR 11-7. The role involves supporting the annual risk assessment process, maintaining the model inventory, and preparing model risk-related reporting while collaborating with model stakeholders throughout the model lifecycle.

Banking

Responsibilities

Perform Independent Validations: Validate models across credit risk, valuation, ALM, fraud, BSA/AML, operations, and marketing
Collaborate with Stakeholders: Engage with model owners and developers to assess risk and provide effective challenge
Support Risk Assessment: Assist in annual risk assessments and validation scheduling
Maintain Model Inventory: Update inventory and track validation findings
Prepare Reports: Document validation results and communicate findings to management and governance committees
Monitor Performance: Conduct model evaluations and performance reviews
Ensure Compliance: Apply regulatory guidance (SR 11-7, OCC Bulletin 2011-12) during validations
Research & Improve: Stay current on modeling best practices and validation techniques

Qualification

Model risk managementFinancial modelingQuantitative analysisPythonRMATLABSQLRisk modeling practicesMachine learningStatistical modelingCommunication skills

Required

Bachelor's degree in Statistics, Econometrics, Economics, Mathematics, or related quantitative field (Advanced degree preferred)
Minimum 5 years of relevant experience in model risk management, financial modeling, or quantitative analysis
Strong quantitative and analytical skills with a critical mindset
Proficiency in Python (advanced), R, MATLAB, or SQL
Knowledge of risk modeling practices and regulatory requirements (SR 11-7, OCC Bulletin 2011-12)
Excellent verbal and written communication skills

Preferred

Advanced degree or certifications in quantitative disciplines
Experience with machine learning and advanced statistical modeling

Company

United Community

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Since 1950, United Community has been driven to provide best-in-class service as we work to improve the financial well-being of the people and communities we serve.
dateFounded in 1950
location
Greenville, South Carolina, US
people-size1001-5000 employees
web-link
http://www.ucbi.com

Funding

Current Stage
Late Stage

Leadership Team

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DeVan Ard
CEO
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J Scott Preston
Division CEO United Community Bank
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Company data provided by crunchbase