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Model Validation Risk Analyst
2 months ago
Continental Finance Company is seeking a highly skilled Model Validation Risk Analyst to join our Credit Risk team. As a key member of our Model Risk Management (MRM) group, you will be responsible for reviewing and assessing quantitative models to ensure their accuracy and reliability.
Key Responsibilities:- Validate quantitative models throughout the organization, adhering to company Model Risk Management Policy and protocols.
- Generate comprehensive model validation reports, highlighting model risks and limitations.
- Review testing methodologies and outcomes for each model, aligning with MRM directives.
- Evaluate continuous performance monitoring of models.
- Contribute to regulatory and internal audit responses.
- Partner with Risk and Business teams on quantitative models to ensure policy, procedure, and guidance compliance.
- Aid in the preparation of reports and meeting materials for MRM senior management.
- Bachelor's degree in finance, economics, or related quantitative field (e.g., statistics, quantitative finance, econometrics).
- Master's degree or higher preferred.
- Experience in Banking, Treasury, Finance, Risk Management, or Analytics.
- Strong collaboration and teamwork skills.
- Exceptional written and verbal communication abilities.
- Proficient in analytical thinking, creative problem-solving, and meticulous documentation.
- Capable of multitasking, thriving under pressure, and meeting tight deadlines.
- Familiarity with financial markets and products.
- Experience in quantitative model risk management.
- Knowledge of SQL and Python.
Continental Finance Company is a leading marketer and servicer of credit cards for consumers with less-than-perfect credit. We pride ourselves on corporate responsibility to customers, offering a strong customer support program and fair treatment. With a state-of-the-art consumer marketing and servicing platform, we provide a variety of services to consumers when other financial institutions will not accommodate them.
We are an equal opportunity employer committed to inclusion and diversity. Our company provides equal employment opportunity (EEO) regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or veteran status.
We offer competitive compensation and benefits in an exciting, fast-paced business casual environment. If you are a bright, energetic individual who is passionate about risk management and analytics, we encourage you to apply online today.