Model Risk Manager

2 months ago

Boston, United States Crowe Full time

Your Journey at Crowe Starts Here: At Crowe, you have the opportunity to deliver innovative solutions to today's complex business issues. Crowe's accounting, consulting, and technology personnel are widely recognized for their in-depth expertise and understanding of sophisticated process frameworks and enabling technologies, along with their commitment to delivering measurable results that help clients build business value. Our focus on emerging technology solutions along with our commitment to internal career growth and exceptional client value has resulted in a firm that is routinely recognized as a "Best Place to Work." We are 75 years strong and still growing. Come grow with us Job Description: Joining our Consulting Financial Services practice is an opportunity to join a dynamic and growing practice which has a passion for serving clients and our community. From day one of your career, you will assist our clients to transform their governance, embed risk in their decision-making, and arm them with insights that will make them stronger.

We will enable an entrepreneurial and innovative environment for you to deliver transformative consulting services and to develop deeply specialized skill sets demanded in today's market.

The Model Risk Managerwill be responsible for performing and managing consulting projects for a variety of financial services clients. This primarily includes consulting with clients about model risk management practices and providing model validation services, primarily for credit risk, finance, and treasury management models (asset liability management, liquidity, interest rate risk). Supervise, train and review the work of other consultants. Manage key aspects of client service projects from planning to completion. Become a trusted advisor to client management by providing appropriate recommendations and solutions. Able to make and sustain meaningful client relationships. Support proposal and business development activities by identifying new target clients, building business relationships with key executives, and developing and presenting proposals. Understand industry trends and client challenges in order to lead the development of new services and solutions. Qualifications: Bachelor's degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience. Graduate degree a plus. 5+ years' experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions. Working knowledge of: Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017). Credit risk model types (e.g., CECL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc.). Other model types (e.g., Asset Liability Management, Pricing, Mortgage Servicing Rights, etc.). Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking. Technical knowledge about data processing, data storage, and data visualization. A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions. Write and present to clients clear and concise reports and presentations containing meaningful recommendations. Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer. Ability to lead and manage a team. Manages engagement to ensure quality and is delivered within budget. Engagements are frequently conducted remotely. This position may require travel but is not expected to exceed 25%. Additional skills desired: Solid analytical background and knowledge of econometrics. Knowledge of risk ratings, risk rating /scorecard methodology, model governance, model development, CECL, DFAST, CCAR and capital allocation methodology would be a plus. Experience with statistical packages such as SAS, Matlab, Stata, Python, and R. Experience with database management, such as SQL. Experience with data visualization tools such as Microsoft Power BI, Tableau, QlikView. Basic understanding of trends in artificial intelligence and machine learning. Professional certification preferred (e.g., RMA CRC, CFA, FRM). We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Crowe, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $96,667.00 to $204,060.00 per year. Our Benefits:

At Crowe, we know that great peopleare what makes a great firm. We value our people and offer employees a comprehensive benefits package. Learn more about what working at Crowe can mean for you

How You Can Grow:

We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations. Learn more about where talent can prosper

More about Crowe:

Crowe (www.crowe.com) is one of the largest public accounting, consulting and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.

Crowe LLP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Crowe LLP does not accept unsolicited candidates, referrals or resumes from any staffing agency, recruiting service, sourcing entity or any other third-party paid service at any time. Any referrals, resumes or candidates submitted to Crowe, or any employee or owner of Crowe without a pre-existing agreement signed by both parties covering the submission will be considered the property of Crowe, and free of charge.

#J-18808-Ljbffr

  • Model Risk Analyst

    1 week ago

    Boston, United States BW Services Full time

    Position Title: Model Risk Analyst Location: Boston Company: Leading asset management firm Role Overview: We are currently recruiting for a Model Risk Analyst to join an expanding model risk team within a global asset management firm. Reporting to the Director of Investment Risk & Portfolio Analytics, this role will be responsible for conducting model...

  • Director, Analytics and Risk Modeling

    2 weeks ago

    Boston, United States Cambridge Associates Full time

    CAREERS THAT CHANGE THE WORLD OUR CLIENTS Cambridge Associates believes our clients come first. Our clients are the most compelling endowments, foundations, pensions, private clients, and institutional investors around the globe. We lock arms with them to meet and exceed their investment objectives, so they can change the world. OUR CULTURE Cambridge...

  • IT Risk Manager

    1 month ago

    Boston, United States Vaco Full time

    Vaco Boston is partnered with a reputable investment service institution that is hiring an IT Risk Manager to join its team. The role has oversight of supporting its offices across the Americas to act in defense of all technical-related risk issues encompassing informational technology operations, processes, and cyber security. This role offers a competitive...

  • IT Risk Manager

    1 month ago

    Boston, United States Vaco Full time

    Vaco Boston is partnered with a reputable investment service institution that is hiring an IT Risk Manager to join its team. The role has oversight of supporting its offices across the Americas to act in defense of all technical-related risk issues encompassing informational technology operations, processes, and cyber security. This role offers a competitive...

  • IT Risk Manager

    1 month ago

    Boston, United States Vaco Full time

    Vaco Boston is partnered with a reputable investment service institution that is hiring an IT Risk Manager to join its team. The role has oversight of supporting its offices across the Americas to act in defense of all technical-related risk issues encompassing informational technology operations, processes, and cyber security. This role offers a competitive...

  • Manager, Power Market Modeling

    2 weeks ago

    Boston, United States AVA Energy Full time

    AVA Energy is partnered with an established player in the Energy space as they search for a Manager to join their Market Modeling team. The successful candidate will have extensive experience across quantitative power market analysis in the context of North American markets. This is an individual contributor role. Responsibilities:Overseeing activities...

  • Regulatory Risk Managment Specialist

    3 months ago

    Boston, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring...

  • Regulatory Risk Managment Specialist

    3 months ago

    Boston, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring...

  • Regulatory Risk Managment Specialist

    3 months ago

    Boston, Massachusetts, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...

  • Regulatory Risk Managment Specialist

    7 days ago

    Boston, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring...

  • Risk Analyst

    3 weeks ago

    Boston, United States Fidelity Investments Full time

    Job Description: As part of the Quantitative Research & Investments (QRI) Division at Fidelity Investments, the Risk Analyst will work within a team of risk professionals that supports Fidelity's managed accounts business, Strategic Advisers (SAI). The Risk Analyst will partner with the SAI investment team to deliver superior risk-adjusted performance for...

  • IT Risk Manager

    1 month ago

    Boston, United States Vaco Full time

    Vaco Boston is partnered with a reputable investment service institution that is hiring an IT Risk Manager to join its team. The role has oversight of supporting its offices across the Americas to act in defense of all technical-related risk issues encompassing informational technology operations, processes, and cyber security. This role offers a competitive...

  • IT Risk Manager

    3 weeks ago

    Boston, United States Vaco Full time

    Vaco Boston is partnered with a reputable investment service institution that is hiring an IT Risk Manager to join its team. The role has oversight of supporting its offices across the Americas to act in defense of all technical-related risk issues encompassing informational technology operations, processes, and cyber security.  This role offers a...

  • Client Executive

    1 month ago

    Boston, United States Baldwin Risk Partners Full time

    At CRP, we have assembled a dynamic, thoughtful, and hands-on TEAM. If you are interested in contributing to a client-focused team that is passionate about helping our clients and their construction projects succeed, please take a look at our open opportunities. POSITION SUMMARY: A Client Executive's main function is interacting with our clients in a...

  • Client Executive

    1 month ago

    Boston, United States Baldwin Risk Partners Full time

    At CRP, we have assembled a dynamic, thoughtful, and hands-on TEAM. If you are interested in contributing to a client-focused team that is passionate about helping our clients and their construction projects succeed, please take a look at our open opportunities.POSITION SUMMARY:A Client Executive's main function is interacting with our clients in a...

  • Risk Analyst

    2 weeks ago

    Boston, United States Fidelity Talentsource Llc Full time

    Job Description: As part of the Quantitative Research & Investments (QRI) Division at Fidelity Investments, the Risk Analyst will work within a team of risk professionals that supports Fidelity s managed accounts business, Strategic Advisers (SAI). The Risk Analyst will partner with the SAI investment team to deliver superior risk\u2010adjusted performance...

  • Risk Analyst

    2 weeks ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description: As part of the Quantitative Research & Investments (QRI) Division at Fidelity Investments, the Risk Analyst will work within a team of risk professionals that supports Fidelity s managed accounts business, Strategic Advisers (SAI). The Risk Analyst will partner with the SAI investment team to deliver superior risk\u2010adjusted performance...

  • Risk Analyst

    3 weeks ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description: As part of the Quantitative Research & Investments (QRI) Division at Fidelity Investments, the Risk Analyst will work within a team of risk professionals that supports Fidelity s managed accounts business, Strategic Advisers (SAI). The Risk Analyst will partner with the SAI investment team to deliver superior risku2010adjusted performance...

  • Investment Risk Manager, Alternatives

    2 weeks ago

    Boston, United States Wellington Management Company, LLP Full time

    About Us Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that...

  • Risk Analyst

    1 week ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description:As part of the Quantitative Research & Investments (QRI) Division at Fidelity Investments, the Risk Analyst will work within a team of risk professionals that supports Fidelity s managed accounts business, Strategic Advisers (SAI). The Risk Analyst will partner with the SAI investment team to deliver superior risk\u2010adjusted performance...