Validation Associate

2 days ago


Jersey City, New Jersey, United States SMBC Full time

Job Description

As a Model Risk Management Associate, you will play a critical role in ensuring the accuracy and reliability of SMBC's financial models. Reporting to the Risk Model Validation Executive Director, you will partner with stakeholders across the firm, including model owners, developers, IT, audit, senior management, and the Board. Your primary responsibilities will include:

  • Tracking multi-year projects in Model Risk Management, including regulatory compliance programs, IT, and systems development.
  • Ensuring robust change management processes and controls, and overseeing the creation of closure packages for audit and regulators.
  • Partnering with first-line model owners and developers to ensure timely completion of findings and issues, and aligning Model Risk programs with other bank-wide programs that impact model risk.


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