Senior Consultant, Model Risk Management
Senior Consultant, Model Risk Management
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Job Description
The Model Risk Management (MRM) team at Visa has a mandate to validate business-impactful models firm-wide and more generally to identify measure and handle model risk across Visa. The Senior Consultant Model Risk Management will be responsible for conducting and assisting in model validations of models to strengthen model risk management capabilities at Visa.
You will be responsible for:
- Identifying sources of risk in models. With minimal supervision conduct or assist with conducting validations of quantitative and complex financial models including AI/ML. Thoroughly and comprehensively review all model components and developmental evidence. Responsible for providing and documenting effective challenges to conceptual soundness of models and conducting quantitative analytics.
- Maintaining detailed and comprehensive records of validation projects through work papers and other acceptable project artifacts.
- Tracking and reviewing model performance monitoring results. Review evidence for closure of model validation findings.
- Building strong working relationships with key model stakeholders in particular model developers and users.
- Supporting activities of Model Risk Management Working Group in determining agenda meeting minutes etc.
- Keeping abreast of new modeling techniques by actively attending training sessions/courses.
- Developing code libraries for routine tasks to increase efficiency of all validators.
- Providing input and train all Model stakeholders in the MRM procedures and use of the GRC tool Global Risk Oversight tool (GoRO).
This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.
Qualifications :
Basic Qualifications:
- 8 or more years of relevant work experience with a Bachelors Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters MBA JD MD) or 2 years of work experience with a PhD
Preferred Qualifications:
- 9 or more years of relevant work experience with a Bachelors Degree or 7 or more relevant years of experience with an Advanced Degree (e.g. Masters MBA JD MD) or 3 or more years of experience with a PhD
Required experience:
- Advanced knowledge of quantitative models obtained through advanced degree (PhD MS or MFE) and/or prior work experience
- Strong quantitative skills and practical experiences in areas such as financial theories Deep Learning Machine Learning Statistical or other mathematical analysis
- Experience reviewing and validating business-impactful models through the lens of conceptual soundness and robustness
- End-to-end processing and modelling of large data sets
- Familiarity with deploying and maintaining of statistical models and algorithms in a production setting
- Excellent critical thinking writing and verbal communication skills
- High level of competence in Python Spark and Unix/Linux scripts
- Demonstrable experience using distributed systems (for example Hadoop Hive Impala)
- Extensive experience with SAS/SQL/Hive for extracting and aggregating data
- Experience with time series modelling problems
- Deep learning experience with TensorFlow
Additional Information :
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race color religion sex national origin sexual orientation gender identity disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
