Experienced Senior Associate, Model Risk Management jobs in United States
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BDO · 3 days ago

Experienced Senior Associate, Model Risk Management

BDO is an organization that values individuality and impactful work. The Experienced Senior Associate in Model Risk Management is responsible for executing and delivering challenging engagements related to model risk management, including model validation and documentation, while also leading client engagements and providing technical assistance.

AccountingBusiness DevelopmentFinancial ServicesOutsourcing
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H1B Sponsor Likelynote

Responsibilities

Identifies and executes model risk across the model lifecycle including model development, implementation, and utilization
Provides independent review by and serving as the subject matter expert executing against the model validation of models (Credit, Market, Forecasting, etc.) compliant with supervisory guidance on Model Risk Management policies and procedures, regulatory guidance, and industry leading practice
Designs specific validation plans to provide "effective challenge" to models, including assessments of overall design, underlying theoretical approaches, data quality and controls, model specification and estimation, development testing, implementation, use, and approvals
Provides effective challenge to the model design and construction and conduct incremental analysis and testing as necessary
Identifies model limitations and ensures the appropriate remediation actions are in place and monitored
Writes high-quality validation documentation that satisfies the client’s internal model approval functions, audit requirements, and regulatory standards
Contributes to the development and enhancement of internal methodologies, tools, and best practices for model validation and risk assessment, supporting continuous improvement and innovation within the MRM team
Leads select client engagements or workstreams, coordinating with cross-functional teams to ensure timely delivery of complex model risk management solutions
Communicates model validation conclusions to BDO internal senior management and relevant project stakeholders
Other duties as required
Provides technical assistance and modeling expertise to non-technical clients and internal teams
Provides recommendations for improved and enhanced model efficiency to clients
Exercises professional judgment on engagements by providing proactive solutions and recommendations
Supervises and trains Associate validators on model validation processes

Qualification

Model Risk ManagementModel ValidationQuantitative AnalysisProgramming RProgramming SASProgramming PythonData ScienceFinancial Instrument ValuationMicrosoft Office SuiteWriting SkillsLeadership SkillsCommunication Skills

Required

Bachelor's degree in Business, Finance, Mathematics, Econometrics, Statistics, Engineering, or Quantitative Finance, required
Three (3) or more years of relevant work experience (Model Risk Management), required
Proficient in the use of Microsoft Office Suite, specifically Excel, PowerPoint, and Word, required

Preferred

Master's or PhD degree, preferred
PhD, CPA, CIA, CFA, CA, CCA, CMA, CAIA or FRM certifications, preferred
Experience in Programming skills languages such as in R, SAS, Python or other related programming languages, preferred

Benefits

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

Company

BDO is the leading provider of professional services within the mid-tier of our profession.

H1B Sponsorship

BDO 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

Leadership Team

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Barbara Derus
Managing Partner South Central Region - Transfer Pricing
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Benjamin Russell
Managing Partner, Transfer Pricing - East Region at BDO
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Company data provided by crunchbase