Officer, Model Risk Management

Countryside Bank

Rosemont, IL, United States
Base: $85,000-$110,000; bonus/equity: eligible for...
On-site
Model validation testing plan
Quantitative and qualitative tests
Model documentation review
The Officer, Model Risk Management will conduct various activities related to enterprise model risk validation and model governance

Job Summary

  • The Officer, Model Risk Management will conduct various activities related to enterprise model risk validation and model governance.
  • Perform independent and comprehensive validation of bank-wide statistical/econometric/ mathematical/AI/Machine Learning and qualitative (expert judgment) models in compliance with SR 11-7/OCC 2011-12 and Model Risk Management (MRM) policy and procedures.
  • The estimated salary range for this role is $85,000-$110,000, along with eligibility to earn an annual bonus.

Matching Summary

The Officer, Model Risk Management will conduct various activities related to enterprise model risk validation and model governance.

Salary

Base: $85,000-$110,000; Bonus/Equity: Eligible for annual bonus; Benefits: Medical Insurance, Dental, Vision, Life insurance, 401(k) with company match, etc.

Skills & Requirements

Must-have

  • Model validation testing plan
  • Quantitative and qualitative tests
  • Model documentation review
  • Data validation
  • Model conceptual soundness
  • Back-testing
  • Sensitivity analysis

Nice-to-have

  • Award-winning culture
  • Relationship-focused service
  • Inclusive environment
  • Promote from within culture

Key Requirements

  • 0-3 Years of experience
  • Master’s degree or equivalent

Work Rights

Not specified

Tailored Resume

Cover Letter