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Frost · 1 day ago

Model Validation Analyst II

San Antonio, TX

Full-time

Onsite

Entry, Mid Level

2+ years exp

Frost is a leading financial institution committed to providing exceptional banking services. The Model Validation Analyst II role involves monitoring and validating model risk, developing challenger models, and ensuring compliance with regulatory guidance while fostering a culture of continuous improvement.

Banking

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Perform independent validations of financial, statistical, and behavioral models commensurate with their criticality ratings. Focus on the most complex and significant models used within the organization. Ensure a thorough review by challenging key aspects of each model

Validate and review models regarding their theoretical soundness, testing design, and points of weakness

Interpret data to recognize any potential risk exposure; additionally, identify opportunities to use data in ways that enhance the strategic and tactical decisions made by management

Develop challenger models that help validate existing models and assist with outcome analysis

Ensure compliance with the model risk monitoring framework

Evaluate governance for Model Risk Management by reviewing policies, controls, risk assessments, documentation standards, and validation standards that are required to manage modeling processes throughout the organization

Evaluate the Bank’s compliance with SR 11-7 regulatory guidance

Provide guidance and direction to less experienced analysts

Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

Qualification

Model validationStatistical analysisFinancial modelingSQLPythonMicrosoft ExcelCommunicationDocumentation skills

Required

Master's degree in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, Physics, Management Science, Operations Research, or Economics

2+ years of experience in the development or validation of financial, statistical, or mathematical models, preferably within the financial services industry

Mastery of statistics and numerical techniques

Demonstrated experience with documenting technical aspects of a model as well as presenting results/findings

Proficient in either SQL, SAS, R, or Python

Advanced knowledge of Microsoft Excel

Proficient in Microsoft computer applications

Excellent written and verbal communication skills

Preferred

Ph.D. degree in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, Physics, Management Science, Operations Research, or Economics

Benefits

Medical, dental, vision, long-term disability, and life insurance

401(k) matching

Generous holiday and paid time off schedule

Tuition reimbursement

Extensive health and wellness programs, including our Employee Assistance Program

Referral bonus program + more!

Company

Frost

Glassdoor4.2

Frost provides banking, investments, and insurance services to businesses and individuals throughout Texas.

Founded in 1868

San Antonio, Texas, USA

5001-10000 employees

https://www.frostbank.com/

H1B Sponsorship

Frost 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 (12)

2024 (8)

2023 (19)

2022 (6)