Model Risk
2 weeks ago
Chicago IL, Cook County, IL; Illinois, United States
REKRUITD
Full-time
Free with email or Google
Save this job and keep your search organized
Create a free account to save jobs, create alerts and return to this listing from your dashboard.
Free with email or Google
By continuing, you agree to our Terms & Privacy Policy.
REKRUITD is partnering with a financial services organization seeking a Model Risk & AI Validation Analyst for a full-time, permanent opportunity. This position will support the independent validation and governance of quantitative models, machine learning solutions, and AI systems.
Independently validate quantitative models, machine learning solutions, and AI systems
Evaluate model methodology, conceptual soundness, data integrity, assumptions and limitations, implementation accuracy, and model performance
Perform quantitative testing including back-testing, sensitivity analysis, scenario analysis, benchmarking, and performance testing
Review model development, methodology, testing, governance, and supporting documentation
Provide independent challenge and clearly communicate validation findings to model owners and business stakeholders
Support model governance, validation reporting, and regulatory review activities
2–5 years of experience in model validation, model development, model risk management, data science, AI, or machine learning
~ Model validation or development experience within banking or financial services
~ Experience working with AI/ML and/or quantitative models
~ Experience with banking risk models, including areas such as credit, financial forecasting, regulatory compliance, CECL, liquidity, or financial crime
~ Knowledge of model validation methodologies including conceptual soundness, model performance, benchmarking, sensitivity analysis, and assumptions/limitations testing
~ Master's degree or PhD in a quantitative or related discipline preferred
Employment Type: Full-time, Permanent