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Risk Governance Model Analyst

2 months ago


New York, New York, United States Parallel Consulting Full time

Position: Model Validation Analyst

We are collaborating with the Head of Enterprise Risk Management at a prominent community banking institution.

We seek a seasoned Model Validation Analyst who possesses a robust background in independent model assessments within a first line of defense model risk governance framework. This role offers a long-term opportunity with direct engagement with senior internal stakeholders.

The ideal candidate will demonstrate strong quantitative capabilities in Model Validation, alongside a comprehensive understanding of Model Governance, Model Review processes, and documentation practices. Familiarity with navigating risk frameworks, policies, and regulatory standards will be advantageous.

Location: Middlesex County, NJ

In-Office Requirement: Initially starting at three days per week, with a gradual reduction over time.

Compensation: $130-145k Base Salary + Bonus (approximately 10%)

Sponsorship: Not available for this position.