Quant Analytics Sr. Associate- Model Risk

Role name: Quant Analytics Sr. Associate- Model Risk

As a Senior Quantitative Analytics Associate, you will be responsible for leading independent validations and reviews of the bank's various risk models. This role ensures that models are functioning as intended, comply with regulatory requirements, and that their risks are accurately identified, measured, and reported to senior management. Specifically, you will be performing in-depth validations and reviews of new and existing models used across the bank, including those for fraud risk, compliance risk (such as AML, OFAC), and/or other areas.

Essential Job Functions

• Perform hands-on quantitative model validation/review. This includes testing the model's conceptual soundness, data accuracy, methodology, and ongoing performance through techniques like backtesting, benchmarking, and stress testing, etc.
• Provide an effective challenge throughout the model valida...