Model Risk Management Consultant Temp

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Job Ref: 15271

Salary: $0 – $

Model Risk Management Consultant Temp
Located on-site in Manhattan
 
Job Description:
The role supports the Model Risk Management Validation and EUC Risk Control Review projects along with the relevant governance activities. The role is directly reported to the team lead of ERM-MRM team. The main responsibilities are summarized as below:
 
Model Validation

• Collaborate with all internal stakeholders and perform as the 2nd line of defense for model risk
• Conduct independent model validation for models defined in the model inventory and produce model validation reports
• Coordinate the remediation of model validation findings and provide guidance of the finding owners
• Communicate with model developers/owner/users and senior management regarding validation findings and remediation activities
• Perform the model ongoing performance in-depth review 

Model Governance

• Implement the activities defined in model risk management framework and ensures that the Bank’s model risk management framework continues to align with regulatory expectations
• Facilitate the bank wide model risk and EUC control related activities

Requirements:

• Strong analytical and quantitative skills to understand and validate models effectively.
• Strong critical thinking and problem-solving skills with the ability to exercise sound and balanced judgment.
• Time management and being productive.
• Ability to handle multiple tasks simultaneously and work under tight deadlines.
• Effective verbal and written communication skills.
• Proactive identification of risks and ability to propose solutions.
• Ability to work independently on specific tasks, as well as with a range of managers, peers and junior colleagues.
• Ability to build strong and productive working relationships.
• Ability to write formal report and documentation.
• Knowledge of statistical and mathematical models such as linear regression, logistic regression, time series, preferred with the machine learning theory background.
• Programming skills, preferred in R, Python, Matlab, and SQL.
• Proficiency in MS Word, Excel, and Power Point.
• Deep understanding of financial services industry.
• Knowledge of model risk regulatory compliance, policies and procedures.
• Risk Governance Framework knowledge.
• This role requires unrestricted U.S. work authorization. Employer sponsorship is not available.

  ACG Resources and our client partners are equal opportunity employers. All qualified applicants will receive consideration without regard to protected characteristics.

  To apply, please contact Franca Diona

  Email: Franca@acgresources.com

  Phone number: 646-442-2272

  #acgresourcesjobs

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