Senior Manager, Model Risk Management jobs in United States
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BDO USA · 8 hours ago

Senior Manager, Model Risk Management

BDO USA is a leading accounting and advisory organization, and they are seeking a Senior Manager for Model Risk Management. This role involves overseeing model validation processes, conducting quantitative analytics, and managing a team to ensure compliance with model risk management policies and regulatory standards.

AccountingConsultingFinancial Services
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H1B Sponsor Likelynote

Responsibilities

Oversees the independent review and model validation of models (Credit, Market, Forecasting, etc.) compliant with Model Risk Management policies and procedures, regulatory guidance, and industry leading practice
Conducts quantitative analytics, complex econometric modeling projects and capital stress testing models
Examines conceptual soundness of models being validated
Conducts thorough testing and provides critical review of conceptual and performance aspects of the model
Presents work through formal validation reports, as well as thorough presentation to the client model owners and senior management
Manages a team within Model Risk Management, organizes schedules of deliverables and meets deliverable due dates, and escalates issues
Writes high-quality validation documentation that satisfies the client’s internal model approval functions, audit requirements, and regulatory standards
Represents BDO’s Model Risk Management team in interactions with the client, external audit teams and regulatory bodies
Communicates model validation conclusions to BDO internal senior management and relevant project stakeholders
Supervises and trains Senior Associates and Associate validators on model validation processes
Other duties as required

Qualification

Model Risk ManagementModel ValidationQuantitative AnalyticsFinancial Instrument ValuationData ScienceArtificial IntelligenceMachine LearningStatistical ModelingMicrosoft Office SuiteRSASPythonAnalytical SkillsLeadershipCommunicationTeam Management

Required

Undergraduate degree in Mathematics, Econometrics, Statistics, Financial Engineering, or Quantitative Finance, required
Six (6) or more years of relevant work experience (Model Risk Management), required
Demonstrated experience applying financial instrument valuation concepts, required
Experience explaining difficult modeling and statistical concepts to diverse audiences and to experts at various clients, required
Experience in leading and performing Model Validation, required
Experience in writing Model Validation reports, required
Proficient in the use of Microsoft Office Suite, specifically Excel, PowerPoint, and Word, required
Experience with R, SAS, Python, or related programming languages, required

Preferred

Master's degree, preferred
Experience and strong familiarity with Data Science, Artificial Intelligence / Machine Learning, Modeling Techniques, preferred
Background in Model Risk, including detailed knowledge of model validation related to statistical, AI and machine learning models, preferred
PhD, CIA, CFA, CCA, CMA, CAIA, QRM, or FRM certifications, preferred

Benefits

Employee Stock Ownership Plan (ESOP)
Comprehensive compensation and Total Rewards benefits

Company

BDO USA renders taxation, audit, assurance, advisory, and business outsourcing services to companies across all sectors of the economy.

H1B Sponsorship

BDO USA 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 (92)
2024 (101)
2023 (119)
2022 (151)
2021 (105)
2020 (199)

Funding

Current Stage
Late Stage
Total Funding
$1.3B
Key Investors
Apollo
2023-08-15Debt Financing· $1.3B

Leadership Team

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Catherine Moy
Chief People Officer
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Cristin Boynton
Principal, Tax Automation & Innovation
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Company data provided by crunchbase