Director Model Risk Management
Director Model Risk Management
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1 Vacancy
Job Description
The role:
SoFis Director Model Risk Management is a leadership position within SoFis second line of defense Model Risk Management organization.
This role will report to the Senior Director over Model Risk Management and will lead a team conducting independent validation work on a wide variety of models. This is a highly visible role within SoFis analytical community.
What youll do:
- Supervise a team of 3 model validation experts in the work of validating models to OCC 201112/SR 117 standards.
- Conduct some model validation work directly.
- Work with the Sr. Director of Model Risk Management to continually evolve validation practices and processes.
- Present and defend results of model validation projects to model owners model users business unit management auditors and regulators.
- Foster collegial relationships with model owners and users while maintaining necessary independence from model development work.
- Stay current with industry trends and best practices in modeling and model risk management and apply them to teams work.
What youll need:
- 8 years of progressive experience in model development or model risk management within midsize or large U.S. financial institutions including at least 3 years experience conducting or supervising model validation projects.
- Bachelors degree in Statistics Mathematics Economics Engineering Computer Science or a quantitative field required. Masters or Ph.D. degree preferred.
- Deep knowledge of traditional statistical modeling methods (OLS logistic regression survival modeling etc. and at least moderate knowledge of artificial intelligence/machine learning approaches (gradient boosting models neural networks etc.
- High attention to detail.
- Ability to explain risks associated with complex technical matters to a nontechnical audience.
- Very strong written communication ability. Must be able to review the written reports of other validators for both technical content and readability
- Experience in building and leading highperforming teams including attracting and retaining top talent.
- Ability and confidence to exercise influence over a wide range of individuals at all levels of technical and business leadership.
- Strong programming skills in Python or R
Required Experience:
Director
Employment Type
Full Time
