Manager Model Validation

Overview

This is a remote role that may be hired in several markets across the United States.

This position manages and executes validation activities associated with risk models. Leads a team of associates in evaluating the conceptual soundness of models to determine their limitations and suitability of use. Establishes the scope and necessary testing of validations, providing guidance to associates as necessary on complex issues. Consults with model owners to resolve questions or deficiencies. Responsible for validation scripts and related documentation. Works closely with business partners on stakeholder reporting, the remediation of findings, and other aspects of model validation that support risk management objectives.

• Validation Oversight - Oversees associates and processes related to model validations, including independent testing and model inventory updates. Manages the assessment of model design and suitability of use. Provides expert, hands-on support to validation activities, resolving complex issues and process inefficiencies. Maintains scripts and other critical documentation.
• Managerial Functions - Establishes and monitors expectations to achieve company and department goals. Makes appropriate changes to team policies, procedures, and efficiencies in order to meet objectives. Manages the performance, training, and evaluation of assigned staff. Maximizes department achievements by providing professional development.
• Reporting - Oversees validation reports to ensure the accuracy and completeness of included information. Facilitates stakeholder, auditor, and examiner reporting.
• Collaboration - Develops productive partnerships between business units and teams involved in model risk management activities. Coordinates interactions with model owners during the course of validation. Supports cross-functional business initiatives and risk management needs.