Model Risk Senior Consultant

Your Journey at Crowe Starts Here :

All candidates should make sure to read the following job description and information carefully before applying.

At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact.

We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and leadership.

Over our 80-year history, delivering excellent service through innovation has been a core part of our DNA across our audit, tax, and consulting groups.

That's why we continuously invest in innovative ideas, such as AI-enabled insights and technology-powered solutions, to enhance our services.

Join us at Crowe and embark on a career where you can help shape the future of our industry.

Job Description :

The Model Risk Senior Consultant will be responsible for performing consulting projects for a variety of financial services clients.

This primarily includes consulting with clients about model risk management practices and providing model validation services, primarily for credit risk and treasury management (ALM) / finance related models.

In addition, the role will also perform the following :

• Complete key aspects of client service projects from planning to completion.
• Become a trusted advisor to client management by providing appropriate recommendations and solutions. Able to make and sustain meaningful client relationships.
• Support proposal and business development activities by identifying new target clients, building business relationships with key executives, and developing and presenting proposals.

Qualifications :

Bachelor's degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience.

Graduate degree a plus.

• 3+ years' experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.
• Working knowledge of :
• Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
• Credit risk model types (e.g., CECL, PD / LGD, Roll Rate, Scorecards, Stress Testing, etc.).
• Other model types (e.g., Asset Liability Management, Pricing, Mortgage Servicing Rights, etc.).
• Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking.
• Technical knowledge about data processing, data storage, and data visualization.
• A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions.
• Write and present to clients clear and concise reports and presentations containing meaningful recommendations.
• Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer.
• Manages engagement to ensure quality and is delivered within budget.
• Engagements are frequently conducted remotely.
• This position requires travel up to 30%.

Additional skills desired :

• Solid analytical background and knowledge of econometrics.
• Knowledge of risk ratings, risk rating / scorecard methodology, model governance, model development, CECL, DFAST, CCAR and capital allocation methodology would be a plus.
• Experience with statistical packages such as SAS, Matlab, Stata, Python, and R.
• Experience with database management, such as SQL.
• Experience with data visualization tools such as Microsoft Power BI, Tableau, QlikView.
• Working towards or having professional certification preferred (e.g., RMA CRC, CFA, FRM).

We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are.

We expect all of our people to act ethically and with integrity at all times.

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