Model Validation

7 days ago

Irving, United States Motion Recruitment Full time

Job Title: Stress Testing Analyst

Location: Irving, TX 75039 (Hybrid 3 days onsite)

Duration: 06+ months’ Contract


Stress Testing roles – identical roles for 2 diff cities: Irving working with team & NYC working with him directly

Team consists of 6 perm w/ 2 rotational analysts, asking for 3 more headcount

These contractors are needed to supplement production need through June 2025. Will keep them as long as he can but considering them short-term coverage until FTE roles can be secured next year; LZ did mention that they can convert someone from this role into Perm if they’re adding value.

They are responsible for monthly Stress Testing computations required by consent order.

Need someone who understands the business & communicate how the #s are being used by the business & what it means

Group is responsible for monthly CCAR calculation & do a reconciliation every 2 weeks every month

Understand stress testing model calculations, business implications of financial metrics, overlay calculation adjustments, and support monthly stress testing by helping to build analytics.

The role requires a blend of business understanding, analytical skills, and technical skills.

MUST HAVES:

• Need someone with a combination of 3 key skillsets in order of importance: 1-Quant, 2-Finance, 3-Technology

• Must have experience in stress testing within wholesale credit space; will also consider consumer credit experience.

• Experienced in Risk management, CCAR, CECL

• Model validation experience is beneficial, but understanding stress testing from a business logic perspective is critical Very good understanding of the calculation model, what the numbers really mean: good technical & strong w/ those numbers

• Stress testing, model validation helps but not required

• They use Tableau, Python for data manipulation & computations – nice to have for handling large data sets (3 million records per scenario) beyond spreadsheet capabilities

• Stress testing implementation experience is helpful

• A bachelor’s degree in finance, quantitative engineering, or a related STEM field is acceptable


Key Responsibilities:

• Execute monthly stress testing exercises to monitor WCR’s risk appetite and identify vulnerable areas

• Cover key process of rapid stress testing, overlays

• Provide analytics support to stress test models in wholesale products, connect the stress testing output to model drivers

Other Responsibilities:

• Build tools & analytical capabilities to support outcome analysis, loss forecasting reports and what if analysis

• Gather and analyze portfolio and macro-economic data to assess potential impact on business performance and integrate the trends to the portfolio loss forecast

• Partner with business units and risk managers to assess data availability and fit for purpose modeling approaches

• Interact with model developers, model risk governance, business risk, internal audit

• Leverage business / product expertise to evaluate and challenge the stress loss assumptions in hypothetical and historical stress scenarios

• Research on 3rd party data, loss history and alternative models to build inventory of benchmarks

• Contribute and refine current model performance monitoring process to interpret model output and identify opportunities for future improvements

Qualifications:

• 5+ years' experience in stress testing (CCAR/DFAST), CECL, or loss forecast model development

• 5+ years' experience with data analytical tools like Python or R

• Sound knowledge of C&I and CRE loss forecast modeling analytics, PD/LGD/EAD models, experience in HFS/FVO is preferred

• Demonstrated experience of building analytical tools to support the analysis of loss forecasting results, using tableau, Excel, R shiny or Python

• Excellent quantitative and analytic skills; ability to derive patterns, trends and insights, and perform risk/reward trade-off analysis.

• Proficient with MS Office suite, Word/Excel/PowerPoint.

• Knowledge on scenario design, sensitivity shocks and risk identification process

• Good interpretations and communications skills to convey complex quantitative methodology in simple terms

Education:

• Bachelor’s/University degree or equivalent experience, potentially master's degree in Economics, Finance, or quantitative majors

  • Model Validation Expert

    2 weeks ago

    Irving, Texas, United States Citigroup Inc Full time

    About the RoleWe are seeking an experienced Model Validation Expert to join our team in Irving, Texas. This is a full-time position that offers a competitive salary range of $125,760 - $188,640 per annum.The successful candidate will have a strong background in quantitative risk analysis and model validation. They will be responsible for developing advanced...

  • Model Risk Analyst

    40 minutes ago

    Irving, United States Motion Recruitment Partners, LLC Full time

    Grow your career as a Model Risk Analyst with an innovative global bank in Irving, TX. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week. Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will...

  • Data Modeler

    1 month ago

    Irving, United States Syntricate Technologies Full time

    Data Modeler Irving, TX (3 days onsite - Hybrid) 12 months Web Cam Interview $65/Hr on W2 Summary: The position is within ICG Technology, and we are seeking a Data Modeler with strong hands-on experience in developing Conceptual, Logical and Physical Data Model for Wholesale Lending. Candidate must have experience in developing large scale data...

  • Senior AI Assurance and Validation Engineer

    3 weeks ago

    Irving, Texas, United States Microsoft Corporation Full time

    About UsMicrosoft Corporation is a leader in technology innovation, and our Security division is no exception. We're dedicated to creating life-changing innovations that impact billions of lives around the world. As a Senior Software Security Engineer, you'll play a critical role in designing and leading the development, implementation, deployment, and...

  • Quantitative Risk Specialist

    2 weeks ago

    Irving, Texas, United States Citigroup Inc Full time

    About the RoleCitigroup Inc. is seeking an experienced Quantitative Risk Specialist to join our team in Irving, Texas. This is a full-time position that offers a competitive salary range of $125,760 - $188,640 per annum.The successful candidate will have a strong background in quantitative risk analysis and model validation. They will be responsible for...

  • Data Architect

    1 month ago

    Irving, Texas, United States Syntricate Technologies Full time

    Data Modeler Job DescriptionJob Title: Data ModelerJob Summary:Institutional Clients Group Operations and Technology (ICG O&T) develops innovative solutions and provides exceptional service to our clients in full partnership with our product teams. We are seeking a Data Modeler with strong hands-on experience in developing Conceptual, Logical and Physical...

  • Lead Data Scientist

    1 month ago

    Irving, United States GATE Insight, Inc. Full time

    Job Role : Senior/Lead Data Scientist Location: Irving, Texas(Onsite) Duration: 6 months (Possible Extension) Job Description:- Primary Skills Hypothesis Testing, T-Test, Z-Test, Regression (Linear, Logistic), Python/PySpark, SAS/SPSS, Statistical analysis and computing, Probabilistic Graph Models, Great Expectation, Evidently AI, Forecasting (Exponential...

  • Business Analyst

    3 days ago

    Irving, United States Collabera Full time

    Description Home Search Jobs Job Description Business Analyst Contract: Irving , Texas, US Salary Range: 65.00 - 70.00 | Per Hour Job Code: 357111 End Date: 2025-01-25 Days Left: 20 days, 2 hours left Apply Position details:Title: BA - Risk Analyst Client: Bank Location: Irving, TX, 75039 Duration: 06 months Contract Pay Range: $65 - 70/ HR...

  • Risk Manager

    2 days ago

    Irving, United States Manpower Group Inc. Full time

    Role: Risk Manager – Stress Testing, CCAR, Tableau, Python exp. Location: Irving, TX (Hybrid – 3 days onsite per week) Position type: 6+ months with high possibility of extension/Conversion as FTE Pay range: $75 - $95/hr on W2 (All inclusive) Manager notes: Job title: Wholesale Credit stress testing Need priori risk experience within the credit...

  • DevOps Engineer

    3 days ago

    Irving, United States Syntricate Technologies Full time

    Required Skills: 6+ Year Building SDLC tooling for Google cloud foundation that includes Tentant pipelines, self-service capabilities, controls and guardrails for consumer usage. This involves using a combination of skills such as - Terraform, Java and other scripting languages. Responsible for end to end deliverables within the workstream that includes...

  • Jr Finance Associate

    3 days ago

    Irving, United States CS Pro Full time

    Jr. Finance AssociateCity: IrvingState: TexasZip: 75061 CornerStone Professional Placement is seeking a Jr. Finance Associate for a highly reputable client that is based on Irving, TX area. As the Jr. Finance Associate, you will be responsible for Using various data sources, you will clean and validate data in Excel to produce monthly financial packages,...

  • Risk Manager

    17 hours ago

    Irving, United States Experis Full time

    Role: Risk Manager - Stress Testing, CCAR, Tableau, Python exp. Location: Irving, TX (Hybrid - 3 days onsite per week) Position type: 6+ months with high possibility of extension/Conversion as FTE Pay range: $75 - $95/hr on W2 (All inclusive)Manager notes: Job title: Wholesale Credit stress testing Need priori risk experience within the credit space -...

  • Financial Analyst

    7 days ago

    Irving, United States CornerStone Professional Placement Full time

    Financial AnalystCity: IrvingState: TexasZip: 75061CornerStone Professional Placement is seeking a Financial Analyst for a highly reputable client that is based on Irving, TX area. As the Financial Analyst, you will be responsible for Using various data sources, you will clean and validate data in Excel to produce monthly financial packages, including budget...

  • Data Engineering Leadership Position in Dallas, TX

    1 month ago

    Irving, Texas, United States IVID TEK INC Full time

    About the RoleWe are seeking an experienced Data Engineer to lead our data engineering team in Dallas, TX.Key Responsibilities:Identify opportunities to improve business processes and consumer experiences, and prototype solutions using a crawl, walk, run mindset.Collaborate with data scientists and analysts to create and deploy new product features on the...

  • Senior Control Engineer

    3 days ago

    Irving, United States Resource Informatics Group Full time

    Job Description: We are on the lookout for a Senior Controls Engineer that will be responsible for the development, implementation, optimization, and testing of control algorithms to join our Powertrain, and Body/Frame system teams. You will work closely with controls engineers, embedded systems engineers, and controls integration engineers to develop...

  • Financial Analyst

    1 week ago

    Irving, United States CornerStone Professional Placement Full time

    Financial AnalystCity: IrvingState: TexasZip: 75061CornerStone Professional Placement is seeking a Financial Analyst for a highly reputable client that is based on Irving, TX area. As the Financial Analyst, you will be responsible for Using various data sources, you will clean and validate data in Excel to produce monthly financial packages, including budget...

  • .Net Technical Architect

    6 months ago

    Irving, United States Resource Informatics Group Full time

    Role: .Net Technical Architect - Azure Microservices Functional Area: .Net Development Experience Required: 12+ Years Primary Skills Design and implement a solution for building REST Based Microservices Translate Business Requirements into appropriate Microservices and Integration model. Build security models around the Microservices with appropriate...

  • Cybersecurity Specialist

    1 week ago

    Irving, Texas, United States Microsoft Corporation Full time

    Overview Microsoft Corporation is a leader in the tech industry, dedicated to empowering every person and organization on the planet to achieve more. Our mission is to create life-changing innovations that impact billions of lives around the world. We are committed to cultivating an inclusive work environment for all employees, where everyone can thrive at...

  • Power BI Sr Architect

    1 month ago

    Irving, United States LSG Sky Chefs Full time

    Job Title: Power BI Sr Architect  Job Location: Irving-USA-75039  Work Location Type: Hybrid  Salary Range: $100,136.00 - 135,055.00    About us LSG Sky Chefs is one of the world’s largest airline catering and hospitality providers, known for its outstanding reputation and dynamic approach in the industry. Voted “Airline Caterer of the...

  • Data Scientist

    3 weeks ago

    Irving, United States Heidelberg Materials US, Inc. Full time

    About Us Heidelberg Materials is one of the world's largest suppliers of building materials. Heidelberg Materials North America operates over 450 locations across the U.S. and Canada with approximately 9,000 employees. What You'll Be Doing Oversee daily tasks and project development of data scientists and machine learning engineers to ensure alignment with...