Credit Risk Model Validation Analyst

What role you will play in team: Independently validate credit risk models to ensure accuracy and reliability.

What you will do: Review model documentation, perform statistical analysis, and assess model performance.

Key responsibility:

• Review model documentation for completeness and accuracy.
• Perform statistical analysis to assess model performance.
• Assess model risks and limitations.
• Prepare reports and presentations for senior management.
• Collaborate with model developers to improve model accuracy and reliability.
• Stay up-to-date on current model validation techniques and best practices.
• Maintain accurate records of model validation activities.

Required Qualification and Skills:

• Master's degree in statistics, mathematics, or a related field.
• 2-4 years of experience in credit risk model validation or a related field.
• Strong statistical and programming skills (SAS, R).
• Knowledge of credit risk models and methodologies.
• Excellent communication skills.
• Experience with model risk management.

Benefits Included:

• Competitive compensation and benefits package.
• Opportunities for professional development.
• Collaborative and supportive work environment.
• Medical insurance.
• Paid vacation.

A Day in the Life: Reviewing model documentation, performing statistical analysis, writing reports, and collaborating with model developers.