Model Validator, Model Risk Management jobs in United States
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Raymond James · 2 days ago

Model Validator, Model Risk Management

Raymond James is a financial services company seeking a Model Validator for their Model Risk Management team. The role involves supporting the independent validation of various models and assisting with model documentation reviews, data validation, testing, and reporting, in accordance with regulatory guidance.

BankingFinancial ServicesInformation TechnologyInsuranceWealth Management
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Growth Opportunities
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Responsibilities

Assist in developing model validation plans for our model inventories
Support reviews of model documentation, including model policies/procedures, model inputs, assumptions, model logic/calculations, model outputs, and model performance related metrics/thresholds, etc
Support reviews in model related data inputs/outputs
Assist with data testing, including completeness checks, threshold validation, and model logic testing
Help prepare validation reports, annual model review reports and supporting documentation
Monitor changes in model risk related regulations and internal model risk policies/procedures/manual
Maintain organized tracking of validation findings, issues, and remediations
Work closely with senior validators, model developers, and other stakeholders to support model validation activities
Help and support model ongoing monitoring, annual review and other independent model review tasks

Qualification

Statistical conceptsMarket riskAI/ML modelsFinancial analysisMicrosoft ExcelSQLRPythonAnalytical thinkingStructured problem-solvingClear communicationAttention to detail

Required

Bachelor's degree in finance, Economics, Mathematics, Data Science, Computer Science, or a related field
1-5 years of professional experience in risk management, model risk, data analytics, audit, or related field
Statistical concepts, stochastic calculus, Market risk, Derivative pricing and financial analysis
AI/ML models (including GenAI, Deep Learning, etc)
The role of models in financial services industry
Financial models in the area of market risk, Counter party credit risk, Derivative and Pricing, capital markets and Asset Liability models
Experience in VaR, Counterparty credit risk, Equity and Fixed income asset classes
Microsoft Excel and Word for documentation, data analysis, and reporting
Clear written and verbal communication, especially in organizing findings and writing summaries
Analytical thinking, attention to detail, and structured problem-solving
Using or learning basic tools such as SQL, R, or Python for data validation and analysis
Understand how financial and non-financial models operate and produce outputs
Learn regulatory expectations and apply them to model validation work
Collaborate with cross-functional teams in model risk and other risk related business unit model stakeholders
Follow structured validation procedures and meet project deadlines
Document findings in a clear, professional language
Grow in the role and take on increased responsibility over time

Preferred

Model Risk Management regulatory guidance such as SR 11-7 and OCC 2011/12

Company

Raymond James

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Raymond James provides a range of investment banking services focused on the telecommunications and communications sectors.

Funding

Current Stage
Public Company
Total Funding
$1.5B
2025-09-09Post Ipo Debt· $1.5B
1983-07-01IPO

Leadership Team

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Paul Shoukry
Chief Financial Officer
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James Sickling
COO - Fixed Income
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Company data provided by crunchbase