Search Jobs

CW Model Validation Analyst

Collin, Texas | Contract

Post Date: 04/04/2018 Job ID: 5120
Model Validation Analyst - Plano, TX
  • Provides subject matter expertise on models strength and weakness and recommend practical solutions
  • Interacts with: Risk Department, Customer Analytics, Capital and Modeling Department

Overview:

Customer Analytics, Capital and Modeling Department is looking for a highly motivated and qualified Model Validation Consultant to support its objectives. The primary responsibility of this role is to support the model validation team to mitigate the model risks under the model governance for the entire Company. The team is responsible to discover and diagnose modeling related risks including input data, assumption, concept, methodology, process and implementation. The team is also responsible to opine on the model strength and weakness and recommend practical solutions.

Key Responsibilities:

Support the model validation team to mitigate the model risks

Discovers and diagnoses modeling related risks including input data, assumption, concept, methodology, process and implementation

Provides subject matter expertise on models strength and weakness and recommend practical solutions

Validates models assigned by model governance committee

Discusses validation results with model owners and governance team to gain consensus and create strategies to implement changes if needed

Utilizes express mode validation for new model development, facing legal and compliance related modeling issues, quick model fixes, etc.

Review model documents, and conduct test runs on model codes

Provide different view on methodology and calculations, and provide feedback to model developers

Work on model validation reports with hiring manager and provide ad hoc support to him

Not ready to apply?

Send an email reminder to:

Share This Job:

Related Jobs: