Base: $155,000.00 to $195,000.00; bonus/equity: an...
On-site
Model validation methodologies
Credit risk and stress testing models
Regulatory compliance sr11-7 and cecl
The Model Validation Vice President plays an integral role in implementing the Model Risk Management framework and performing independent validation of credit risk and capital stress testing models
Job Summary
The Model Validation Vice President plays an integral role in implementing the Model Risk Management framework and performing independent validation of credit risk and capital stress testing models.
SMBC offers a competitive salary range between $155,000 and $195,000, potential annual discretionary incentives, and a comprehensive benefits portfolio.
Employees participate in a hybrid workforce model with opportunities to work from home and office, with accommodations available for applicants with disabilities.
Matching Summary
The Model Validation Vice President plays an integral role in implementing the Model Risk Management framework and performing independent validation of credit risk and capital stress testing models.
Salary
Base: $155,000.00 to $195,000.00; Bonus/Equity: Annual discretionary incentive award possible; Benefits: Competitive portfolio of benefits
Skills & Requirements
Must-have
Model validation methodologies
Credit risk and stress testing models
Regulatory compliance SR11-7 and CECL
Model risk governance
Large and complex data sets
Model documentation and reporting
Nice-to-have
Leadership and team collaboration
Project management skills
Clear and concise communication
Stakeholder relationship building
Hybrid workforce model
Key Requirements
Master's degree in Statistics, Mathematics, Engineering, Computer Science or related fields
5-10 years of experience
Strong knowledge of SR11-7, CECL, CCAR regulations
Experience with loss reserve, CECL, capital and stress testing models
Ability to work within regulatory expectations
Must live within reasonable commuting distance of Jersey City, NJ office
Work Rights
Must live within reasonable commuting distance of office