Vp Model Risk Management

State Employees' Credit Union

Raleigh, North Carolina, US
Not specified; not specified; not specified
**
10+ years modeling or analytics experience
Masters in quantitative discipline required
Deep understanding of sr 11-7 and sr 15-19
** The State Employees' Credit Union is seeking a Vice President of Model Risk Management to lead a team of analysts in validating models across various applications. The ideal candidate will have extensive experience in quantitative analysis, model validation, and team management, as well as a strong understanding of regulatory requirements. **

Job Summary

  • The role involves managing a team of analysts responsible for executing model validation activities across the entire model life cycle.
  • Candidates must provide effective challenge to model assumptions and mathematical formulations using advanced techniques like machine learning and Monte Carlo simulations.
  • The position requires serving as a technical subject matter expert on complex financial modeling challenges including credit risk, stress testing, and fraud.

Matching Summary

Match Score: 75

** The State Employees' Credit Union is seeking a Vice President of Model Risk Management to lead a team of analysts in validating models across various applications. The ideal candidate will have extensive experience in quantitative analysis, model validation, and team management, as well as a strong understanding of regulatory requirements. **

Salary

Not specified; Not specified; Not specified

Skills & Requirements

Must-have

  • 10+ years modeling or analytics experience
  • Masters in quantitative discipline required
  • Deep understanding of SR 11-7 and SR 15-19
  • Advanced programming skills in SAS R or Python
  • Experience managing technical teams and vendors
  • Expertise in Monte Carlo simulation and XGBoost

Nice-to-have

  • PhD in quantitative discipline preferred
  • FRM or CFA certification valued
  • Generative large language models expertise
  • Experience in financial services or consulting
  • Strong mentorship and communication skills

Key Requirements

  • Masters degree in quantitative field
  • 10+ years experience in modeling
  • Knowledge of regulatory guidance SR 11-7
  • Ability to manage technical professionals
  • Advanced coding proficiency in Python or R

Work Rights

Not specified

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