Description
We are also open to a Senior Model Risk Analyst with 5+ years of experience. Summary : The Model Risk Analyst will support the Model Risk team through a variety of functions related to organizing and maintaining model risk governance documents and framework in addition to completing data requests and issue remediation testing.
Essential Duties and Responsibilities :
- Identify and maintain a centralized inventory of all models and User Defined Applications (UDAs) used at FB
- Ensure all model and End User Computing (EUC) metadata and lifecycle is current and complete
- Maintain the model data warehouse and coordinate with vendor provider to ensure system is up to date
- Track model performance KRIs and prepare appropriate dashboard and risk reporting
- Ensure all templates are consistent with model policy and standards
- Utilizing Templates and Workflow Platforms to organize and systematize work
- Understanding of Banking Regulations / Requirements related to Model Risk and Stress Testing
- Developing a response plan and remediating Audit or Assurance function issues
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and / or Experience
- Undergraduate degree in Business, Economics, Finance, Accounting, Statistics, or degree preferred.
- 1 + year experience in Risk / Finance
- A background in modeling, data governance, compliance, audit, and / or banking a plus
- Experience implementing or managing software or data platform transformation projects, User Acceptance Testing, Test Script or Technical Writing preferred
Skills and Abilities
- Ability to visualize and / or diagram workflows / relational dependencies and business / data requirements
- Superior written and oral communication skills, with the ability to communicate effectively at all levels of the organization, with particular emphasis on being able to articulate complex topics in a manner digestible to a wide audience.
- Ability to work with and manipulate large data sets.
- Demonstrated self-starter who can work independently with minimal supervision as well as in a highly collaborative team.
- Ability to manage multiple projects at once and meet deadlines.
FirstBank does not accept unsolicited resumes from agencies and staffing firms. Recruitment agencies and consultants may not submit resumes directly to managers.
FirstBank will not pay fees to any third-party agency or company that does not have a signed agreement as an approved vendor.
FirstBank in an Equal Opportunity Employer, including disability.