Assistant Vice President - PPNR/CCAR Model Validation - Bank

Key Responsibilities:

Comprehensive Model Validation:

- Validate model inputs, frameworks, code, and outcomes across risk and forecasting models (e.g., ALM, PPNR, Treasury, CCAR/CECL) ensuring accuracy and alignment with business and regulatory standards.

Risk Identification & Mitigation:

- Provide effective challenge and identify model risks with recommendations for remediation and performance improvement.

Documentation & Reporting:

- Draft high-quality validation reports, clearly articulating findings, limitations, and recommendations for both technical and non-technical stakeholders.

Audit & Regulatory Support:

- Support audits, regulatory reviews, and exams by preparing validation artifacts, responding to queries, and defending validation outcomes.

Governance & Collaboration:

- Maintain model governance documentation, support ongoing performance monitoring, and engage with model developers, MRM, audit, and regulators throughout the model lifecycle.

Process & Framework Enhancement:

- Contribute to improving validation methodologies and frameworks, incorporating emerging best practices and regulatory guidance.

Skills & Qualifications:

- Strong grasp of regulatory guidance (SR 11-7, OCC 2011-12) and model risk management.

- Hands-on experience with Python, R, SAS, SQL; strong analytical and problem-solving skills.

- Proficiency in statistical methods (logistic/linear regression, survival analysis, ARIMA) and familiarity with machine learning techniques (e.g., XGBoost, BERT).

- 7+ years in model validation/development within financial services.