1,746 Model Validator jobs in the United States
Model Validator II
33603 Tampa, Florida
USAA
Posted 3 days ago
Job Viewed
Job Description
**Why USAA?**
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
View Now
0
Model Validator II
85067 Phoenix, Arizona
USAA
Posted 3 days ago
Job Viewed
Job Description
**Why USAA?**
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
View Now
1
Model Validator II
80932 Colorado Springs, Colorado
USAA
Posted 3 days ago
Job Viewed
Job Description
**Why USAA?**
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
View Now
2
Model Validator II
78284 San Antonio, Texas
USAA
Posted 4 days ago
Job Viewed
Job Description
**Why USAA?**
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
View Now
3
Model Validator II
75026 Plano, Texas
USAA
Posted 4 days ago
Job Viewed
Job Description
**Why USAA?**
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
View Now
4
Model Validator II
28230 Charlotte, North Carolina
USAA
Posted 4 days ago
Job Viewed
Job Description
**Why USAA?**
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
View Now
5
Model Validator II
23326 Chesapeake, Virginia
USAA
Posted 4 days ago
Job Viewed
Job Description
**Why USAA?**
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
**The Opportunity**
We are seeking a Model Validator II to join our team of model risk professionals. In this role, you will be responsible for model validation activities throughout the model life cycle, ensuring adherence to internal and external policies. Your responsibilities will include assessing model risks and presenting findings to partners through comprehensive reports. A Master's degree in Economics, Finance, Statistics, or Mathematics is helpful, along with knowledge of data science methods and proficiency in Python and R. CFA or FRM certification is a plus, and strong interpersonal skills are important for conveying information to diverse audiences.
We offer a flexible work environment that requires an individual to be **in the office 4 days per week.** This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL.
Relocation assistance is **not** available for this position.
**What you'll do:**
+ Conducts independent model validation control activities for lower risk, in-house and vendor, models. Assists, under supervision and in collaboration with peers, on validation activities for models.
+ Applies routine validation testing to complete back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses for models in collaboration with more senior level Validator.
+ Performs technical programs for validation testing of model development and implementation as part of the testing plan, including compiling and running source model code and validation-based testing code.
+ For lower risk models, reviews at a working experience level end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes. Assesses the materiality of model changes and conducts model change validations for lower risk models.
+ Contributes, under supervision, to production of validation reports and related validation work to model validation management and model partners.
+ Drives the independent model validation process aligned with the written risk and compliance policies and procedures at a working experience level and under supervision of other Validator. Assists, under direction, in evaluating model risk control strengths around model development, implementation, and use.
**What you have:**
+ Bachelor's degree in a quantitative field, such as Economics, Mathematics, Statistics, Actuarial Science, Data Science, Engineering, Computer Science, or a Related Field with Core Quantitative Curriculum. Four additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
+ 2 years of related work experience in model validation, model development, statistical analysis, and/or advanced quantitative research.
+ Experience communicating, individually or collaborating with peers/teammates, verbally and in-writing quantitative/technical concepts to non-technical audiences.
+ Programming skills in R, Python, SAS, Java, C, SQL, and/or other comparable programming languages for the iterative methodological tenants of model and algorithm development including setting model specifications, assumption testing, data quality assessments, variable selection, back-testing, benchmarking, and other robust model testing. Basic Working Experience with statistical, econometric, data science, and/or predictive modeling approaches including: Linear Regression; Time-Series/Forecasting; Logistic Regression; Machine Learning.
+ Business context knowledge in operational and support functions of Banking and/or Insurance as well as associated modeling and analytics knowledge.
**What sets you apart:**
+ Master's degree with a focus on Economics, Finance, Statistics, or Mathematics.
+ Knowledge of Data Science methods, processes, algorithms.
+ Verifying the quality and accuracy of data before using machine learning models.
+ Background with coding in Python & R for analysis.
+ Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) Certification is a plus.
+ Solid communication, translating information effectively to a broad audience, both written and orally.
**Compensation range:** The salary range for this position is: $77,120 - $147,390 **.**
**USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).**
**Compensation:** USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
**Benefits:** At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
_Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting._
_USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran._
**If you are an existing USAA employee, please use the internal career site in OneSource to apply.**
**Please do not type your first and last name in all caps.**
**_Find your purpose. Join our mission._**
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
California applicants, please review our HR CCPA - Notice at Collection ( here.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
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About the latest Model validator Jobs in United States !
6
Director, Model Risk Management
Monroe, Louisiana
First Merchants Bank
Posted today
Job Viewed
Job Description
Job Description
Job Description
First Merchants Bank is seeking a Director, Model Risk Management to join our team! The Director of Model Risk Management (MRM) leads the enterprise-wide Model Risk Management program, ensuring robust governance, regulatory compliance (SR 11-7, OCC ), and credible challenge across all model-related activities. This role aligns model risk strategy with business growth, digital transformation, and AI/ML adoption. Additional responsibilities include oversight of internal model reviews, third-party validations relationships, contributions to strategic planning and merger and acquisition (M&A) due diligence.
Essential Duties & Responsibilities:
- Program Leadership & Governance
- Design, implement, and continuously enhance the Model Risk Management program, including frameworks, policies, procedures, standards, and technology tools.
- Ensure the MRM program is appropriately scaled to the bank’s size, complexity, and risk profile.
- Align the enterprise-wide model risk strategy with business growth objectives, digital transformation initiatives, and the adoption of artificial ineligence (AI) technologies.
- Lead the development and execution of the annual MRM plan, including budgeting, scheduling, and resource allocation for validations, reviews, and performance monitoring.
- Own and maintain the enterprise model risk dashboard, including the definition and tracking of key performance indicators (KPIs) for model performance, validation quality, and risk mitigation.
- Participate in strategic planning and M&A due diligence activities, providing model risk insights to support enterprise-level decision-making.
- Third-Party Validation Oversight
- Manage second-line vendor relationships for model validation, including proposals, statements of work, quality control, and payment processing.
- Conduct due diligence and risk assessments of third-party validators in alignment with the bank’s third-party risk management framework.
- Internal Review & Challenge
- Apply risk-based judgment to evaluate model appropriateness, complexity, and potential impact on business decisions, and determine the level of validation required.
- Oversee annual internal reviews of all models, ensuring performance monitoring, documentation updates, and issue remediation are completed timely and effectively.
- Provide independent challenge to model owners and users, ensuring model use is appropriate and risks are well understood.
- Reporting & Regulatory Engagement
- Serve as primary liaison with regulators on model risk topics, including emerging regulatory trends (e.g., AI governance, climate risk modeling).
- Monitor emerging model risks and ensure timely escalation and mitigation.
- Stakeholder Collaboration
- Partner with business lines, support functions, model users, and external experts to ensure models meet quality standards and regulatory expectations.
- Facilitate onboarding, testing, documentation, and offboarding of models using sound analytical methodologies.
- Team Leadership
- Develop and sustain a model risk talent pipeline, including internships, rotational programs, and succession planning.
- Foster a culture of proactive risk management and continuous improvement.
- Committee Participation
- Serve as a member of key risk committees, including but not limited to: Operational Risk Committee, Asset Liability Committee, Credit Policy Management Committee, and Enterprise Risk Management (ERM) Committee.
- Continuous Improvement
- Reassess the maturity and effectiveness of the MRM program through peer benchmarking, ongoing education, and regulatory feedback.
- Conduct ad-hoc risk analyses as requested by the Chief Risk Officer or ERM Committee.
To be successful in this position, we require the following:
- Bachelor’s degree in business, risk management, economics, law, mathematics, statistics, or a related field.
- A minimum of seven (7) years of experience in model governance, validation, performance monitoring, and regulatory compliance (e.g., SR 11-7, OCC ).
- A minimum of ten (10) years of banking experience, with demonstrated exposure to risk management, model governance, or related disciplines across multiple lines of business.
The following would be a plus:
- Master’s degree in a quantitative or risk-related discipline.
- Over ten (10) years of experience in model risk management, including having led or significantly contributed to a mature MRM program.
- Over ten (10) years of banking experience within mid-to-large size institutions, including direct involvement in enterprise risk, regulatory engagement, and strategic planning.
First Merchants offers the following:
- Base Pay PLUS Bonuses
- Medical, Dental and Vision Insurance
- 401k
- Health Savings and Flexible Spending Accounts
- Vacation/Sick Time
- Paid Holidays
- Paid Parental Leave
- Tuition Reimbursement
- Additional Benefits
A little about us:
First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.
Our Vision is:
To enhance the financial wellness of the diverse communities we serve.
Our Mission is:
To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
Our Team:
"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."
Apply today to begin your career with us!
View Now
7
Director, Model Risk Management
Farmington, New Mexico
First Merchants Bank
Posted today
Job Viewed
Job Description
Job Description
Job Description
First Merchants Bank is seeking a Director, Model Risk Management to join our team! The Director of Model Risk Management (MRM) leads the enterprise-wide Model Risk Management program, ensuring robust governance, regulatory compliance (SR 11-7, OCC ), and credible challenge across all model-related activities. This role aligns model risk strategy with business growth, digital transformation, and AI/ML adoption. Additional responsibilities include oversight of internal model reviews, third-party validations relationships, contributions to strategic planning and merger and acquisition (M&A) due diligence.
Essential Duties & Responsibilities:
- Program Leadership & Governance
- Design, implement, and continuously enhance the Model Risk Management program, including frameworks, policies, procedures, standards, and technology tools.
- Ensure the MRM program is appropriately scaled to the bank’s size, complexity, and risk profile.
- Align the enterprise-wide model risk strategy with business growth objectives, digital transformation initiatives, and the adoption of artificial ineligence (AI) technologies.
- Lead the development and execution of the annual MRM plan, including budgeting, scheduling, and resource allocation for validations, reviews, and performance monitoring.
- Own and maintain the enterprise model risk dashboard, including the definition and tracking of key performance indicators (KPIs) for model performance, validation quality, and risk mitigation.
- Participate in strategic planning and M&A due diligence activities, providing model risk insights to support enterprise-level decision-making.
- Third-Party Validation Oversight
- Manage second-line vendor relationships for model validation, including proposals, statements of work, quality control, and payment processing.
- Conduct due diligence and risk assessments of third-party validators in alignment with the bank’s third-party risk management framework.
- Internal Review & Challenge
- Apply risk-based judgment to evaluate model appropriateness, complexity, and potential impact on business decisions, and determine the level of validation required.
- Oversee annual internal reviews of all models, ensuring performance monitoring, documentation updates, and issue remediation are completed timely and effectively.
- Provide independent challenge to model owners and users, ensuring model use is appropriate and risks are well understood.
- Reporting & Regulatory Engagement
- Serve as primary liaison with regulators on model risk topics, including emerging regulatory trends (e.g., AI governance, climate risk modeling).
- Monitor emerging model risks and ensure timely escalation and mitigation.
- Stakeholder Collaboration
- Partner with business lines, support functions, model users, and external experts to ensure models meet quality standards and regulatory expectations.
- Facilitate onboarding, testing, documentation, and offboarding of models using sound analytical methodologies.
- Team Leadership
- Develop and sustain a model risk talent pipeline, including internships, rotational programs, and succession planning.
- Foster a culture of proactive risk management and continuous improvement.
- Committee Participation
- Serve as a member of key risk committees, including but not limited to: Operational Risk Committee, Asset Liability Committee, Credit Policy Management Committee, and Enterprise Risk Management (ERM) Committee.
- Continuous Improvement
- Reassess the maturity and effectiveness of the MRM program through peer benchmarking, ongoing education, and regulatory feedback.
- Conduct ad-hoc risk analyses as requested by the Chief Risk Officer or ERM Committee.
To be successful in this position, we require the following:
- Bachelor’s degree in business, risk management, economics, law, mathematics, statistics, or a related field.
- A minimum of seven (7) years of experience in model governance, validation, performance monitoring, and regulatory compliance (e.g., SR 11-7, OCC ).
- A minimum of ten (10) years of banking experience, with demonstrated exposure to risk management, model governance, or related disciplines across multiple lines of business.
The following would be a plus:
- Master’s degree in a quantitative or risk-related discipline.
- Over ten (10) years of experience in model risk management, including having led or significantly contributed to a mature MRM program.
- Over ten (10) years of banking experience within mid-to-large size institutions, including direct involvement in enterprise risk, regulatory engagement, and strategic planning.
First Merchants offers the following:
- Base Pay PLUS Bonuses
- Medical, Dental and Vision Insurance
- 401k
- Health Savings and Flexible Spending Accounts
- Vacation/Sick Time
- Paid Holidays
- Paid Parental Leave
- Tuition Reimbursement
- Additional Benefits
A little about us:
First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.
Our Vision is:
To enhance the financial wellness of the diverse communities we serve.
Our Mission is:
To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.
Our Team:
"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."
Apply today to begin your career with us!
View Now
8
Model Risk Management Manager (Remote)
60684 Chicago, Illinois
Byline Bank
Posted 3 days ago
Job Viewed
Job Description
**About Byline Bank**
Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.7 billion in assets and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024. Byline Bank is a member of FDIC and an Equal Housing Lender.
At Byline Bank, we take pride in being an award-winning workplace. Some of our recent recognitions include:
+ U.S. News & World Report named Byline Bank as one of the **Best Companies to Work for in the Midwest, Finance & Overall in , .**
+ Chicago Sun Times Chicago's **Best Workplaces 2024**
+ **Best Workplaces in Illinois in 2024** by Best Companies Group and Illinois SHRM (Society for Human Resource Management)
+ Forbes **America's Best Small Employers 2023**
By joining our team, you will become part of an organization that values growth, collaboration, and innovation. We strive to create an environment where employees feel supported and are empowered to excel in their roles. If you're looking for a career with a company that puts people first and makes a difference in the communities we serve, Byline Bank is the place for you.
**Hybrid Schedule: Travel up to 4 times a year to Corporate office**
**Objective of Position** :
The Model Risk Management Manager is responsible for supporting the effective administration of the Bank's Model Risk Management Program. The Program encompasses Model Risk oversight, reporting, governance, communication, education, model identification, validation, and annual reviews. The position will also interface with Business Unit's First Line of Defense (1LoD) to train and consult, as needed.
**Duties and Responsibilities:**
+ Support the Enterprise Risk Management (ERM) team in ongoing enhancement of the Model Risk Management Program.
+ Manage and enhance as necessary the model risk identification and risk assessment process.
+ Manage the model inventory and model findings/issues resolution.
+ Develop and maintain the model risk appetite statement and related key performance indicators.
+ Prepare model risk reporting for senior management and the Board of Directors.
+ Conduct model validations as necessary and manage third-party validation efforts.
+ Coordinate model risk activities across bank departments.
+ Lead the Model Risk Committee and Working Group.
+ Keep abreast of and respond to regulatory developments and industry best practices.
+ Represent the Risk Department in strategic initiatives, such as new product rollouts, product enhancements, and significant system changes.
+ Partner with Business Units to drive a strong risk and control culture to the 1LoD across the organization.
+ Assist in the development and delivery of Risk training for business units (Risk awareness, 1LoD responsibilities, Risk Assessments).
+ All other duties as assigned.
_Note: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time._
**Qualifications:**
+ Bachelor's Degree or equivalent work experience.
+ 5+ years of relevant experience working in model risk management, model development or related areas in financial services.
+ Strong understanding of model risk management and what constitutes an effective model risk management program.
+ Solid understanding of the FDIC model risk regulation (FIL- ) as well as regulatory guidelines and industry best practices for model risk management and model validation.
+ Have a strong analytical background and numerical skills.
+ Be proactive and able to act on their own initiative.
+ Deliver high quality outcomes.
+ Have an ability to communicate, analyze, articulate, and present complex issues clearly and concisely both verbally and in writing.
+ Strong team orientation and ability to collaborate effectively with Business Units
+ Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
**Physical Demands/Work Environment:**
Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices.
At Byline Bank, we value work-life flexibility and support a hybrid work environment for this position. This role allows for a combination of remote and in-office work, with occasional visits to the office based on business needs. Specific in-office days may vary and will be discussed during the interview process.
**Compensation & Benefits:**
Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels.
The salary range for this position is between $0,000 to 92,000.
In addition, Byline provides benefits including medical coverage, dental, vision, disability, 401k, paid time off and much more! Depending on the specific role, compensation may also include discretionary bonuses and other benefit programs. The actual compensation package may vary based on factors such as skill set, experience level, and candidate's location.
**Additional Information:**
Byline Bank is an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.
All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.
Byline Bank is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please contact us directly at , Option #2.
If applying within the US, this role is not eligible for visa sponsorship now or in the future.
**Note to Recruitment Agencies and Third-Party Recruiters:**
Byline Bank kindly requests that third-party recruiters, staffing agencies, and recruitment firms refrain from submitting resumes or candidate profiles without a prior agreement in place. Any unsolicited submissions will be considered property of Byline Bank, and no fees will be paid for placements resulting from such submissions. We appreciate your understanding and cooperation.
Byline Bank is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.
Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank has approximately $9.7 billion in assets and operates 45 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024. Byline Bank is a member of FDIC and an Equal Housing Lender.
At Byline Bank, we take pride in being an award-winning workplace. Some of our recent recognitions include:
+ U.S. News & World Report named Byline Bank as one of the **Best Companies to Work for in the Midwest, Finance & Overall in , .**
+ Chicago Sun Times Chicago's **Best Workplaces 2024**
+ **Best Workplaces in Illinois in 2024** by Best Companies Group and Illinois SHRM (Society for Human Resource Management)
+ Forbes **America's Best Small Employers 2023**
By joining our team, you will become part of an organization that values growth, collaboration, and innovation. We strive to create an environment where employees feel supported and are empowered to excel in their roles. If you're looking for a career with a company that puts people first and makes a difference in the communities we serve, Byline Bank is the place for you.
**Hybrid Schedule: Travel up to 4 times a year to Corporate office**
**Objective of Position** :
The Model Risk Management Manager is responsible for supporting the effective administration of the Bank's Model Risk Management Program. The Program encompasses Model Risk oversight, reporting, governance, communication, education, model identification, validation, and annual reviews. The position will also interface with Business Unit's First Line of Defense (1LoD) to train and consult, as needed.
**Duties and Responsibilities:**
+ Support the Enterprise Risk Management (ERM) team in ongoing enhancement of the Model Risk Management Program.
+ Manage and enhance as necessary the model risk identification and risk assessment process.
+ Manage the model inventory and model findings/issues resolution.
+ Develop and maintain the model risk appetite statement and related key performance indicators.
+ Prepare model risk reporting for senior management and the Board of Directors.
+ Conduct model validations as necessary and manage third-party validation efforts.
+ Coordinate model risk activities across bank departments.
+ Lead the Model Risk Committee and Working Group.
+ Keep abreast of and respond to regulatory developments and industry best practices.
+ Represent the Risk Department in strategic initiatives, such as new product rollouts, product enhancements, and significant system changes.
+ Partner with Business Units to drive a strong risk and control culture to the 1LoD across the organization.
+ Assist in the development and delivery of Risk training for business units (Risk awareness, 1LoD responsibilities, Risk Assessments).
+ All other duties as assigned.
_Note: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time._
**Qualifications:**
+ Bachelor's Degree or equivalent work experience.
+ 5+ years of relevant experience working in model risk management, model development or related areas in financial services.
+ Strong understanding of model risk management and what constitutes an effective model risk management program.
+ Solid understanding of the FDIC model risk regulation (FIL- ) as well as regulatory guidelines and industry best practices for model risk management and model validation.
+ Have a strong analytical background and numerical skills.
+ Be proactive and able to act on their own initiative.
+ Deliver high quality outcomes.
+ Have an ability to communicate, analyze, articulate, and present complex issues clearly and concisely both verbally and in writing.
+ Strong team orientation and ability to collaborate effectively with Business Units
+ Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
**Physical Demands/Work Environment:**
Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices.
At Byline Bank, we value work-life flexibility and support a hybrid work environment for this position. This role allows for a combination of remote and in-office work, with occasional visits to the office based on business needs. Specific in-office days may vary and will be discussed during the interview process.
**Compensation & Benefits:**
Byline Bank offers competitive industry rate salary bands with the goal of retaining and growing talented individuals. We regularly review and adjust our compensation structure as needed to ensure equity across teams and levels.
The salary range for this position is between $0,000 to 92,000.
In addition, Byline provides benefits including medical coverage, dental, vision, disability, 401k, paid time off and much more! Depending on the specific role, compensation may also include discretionary bonuses and other benefit programs. The actual compensation package may vary based on factors such as skill set, experience level, and candidate's location.
**Additional Information:**
Byline Bank is an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.
All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.
Byline Bank is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please contact us directly at , Option #2.
If applying within the US, this role is not eligible for visa sponsorship now or in the future.
**Note to Recruitment Agencies and Third-Party Recruiters:**
Byline Bank kindly requests that third-party recruiters, staffing agencies, and recruitment firms refrain from submitting resumes or candidate profiles without a prior agreement in place. Any unsolicited submissions will be considered property of Byline Bank, and no fees will be paid for placements resulting from such submissions. We appreciate your understanding and cooperation.
Byline Bank is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Byline Bank will not tolerate discrimination or harassment based on any of these characteristics.
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