Quantitative Model Validation Officer
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Job Location:
Atlanta, GA - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have a profile with us you can log in to check status.
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
- Under the general supervision of the Senior Model Validation Officer perform advanced level model validation for the corporation. Focus primarily on model validation and quantitative analysis but also evaluate other model controls and serve as a resource for the corporation in all model risk management related tasks.
- Independently perform model validations spanning credit risk market risk and capital planning domains to assess fit for purpose conceptual soundness mathematical theory and construct assumptions data/assumptions and output reasonableness.
- Evaluate other model controls such as model performance tracking change management access control and documentation.
- Evaluation of validation findings remediation activity including analytical evaluation of residual risk.
- Document validation effort in the form of a written report.
- Directly support and assist in the duties of the Senior Model Validation Officer.
Requirements
- Must have a Masters degree in Statistics Operations Research Financial Engineering Industrial Engineering or related quantitative field.
- Must have 1 year of experience in quantitative or data analytics/ data engineering positions performing/utilizing the following:
- Stress testing to evaluate client companies financial well being.
- Performing model development and/or validation including Credit Score models using factors including payment history length of credit history and debt
- Statistic methodology: Monte Carlo simulation Hypothesis testing Sampling
- Data analysis tools: scikit-learn pandas and numpy
- Creating documentation and data dictionaries to support end-users.
- Utilizing experience with: Python MatLab Java SQL
- Using financial software/platforms including: QRM RiskMetrics Imagine and Bloomberg.
- Position may be eligible to work in a hybrid remote model and is based out of and reports to Truist offices in Atlanta GA. Applicants must be able to work onsite at Truist offices in Atlanta GA at least 4 days per week.
- Multiple Openings
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.
Required Experience:
Unclear Seniority
Key Skills
- Python
- C/C++
- Fortran
- R
- Data Mining
- Matlab
- Data Modeling
- Laboratory Techniques
- MongoDB
- SAS
- Systems Analysis
- Dancing
About Company
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