Explore a dynamic and critical career path with CCAR/CECL Model Production Analyst II jobs. This specialized profession sits at the intersection of finance, data science, and regulatory compliance, playing a vital role in the financial health and stability of banking institutions. Professionals in this field are responsible for the end-to-end management of sophisticated statistical models used to predict potential financial losses and meet stringent regulatory requirements. The core of this role revolves around two key regulatory frameworks: CCAR (Comprehensive Capital Analysis and Review) and CECL (Current Expected Credit Losses). A CCAR/CECL Model Production Analyst II is primarily tasked with the implementation, monitoring, and validation of these complex models. This is not an entry-level position; it is for developing professionals who apply their analytical expertise to monitor processes, assess model performance, and analyze large datasets. A typical day involves identifying policy gaps, interpreting complex data outputs, formulating recommendations, and researching factual information to ensure model accuracy and effectiveness. They are integral to the constant improvement of risk analytics and reporting systems. Common responsibilities for individuals in these jobs include developing, enhancing, and validating methods for measuring and analyzing risk across various types like credit and operational risk. They lead projects related to the programming, integration, testing, and validation of models. A significant part of their work is preparing both routine and ad-hoc reports for risk management teams, running integrity checks, and ensuring data consistency across different reports. They must appropriately assess risk in all business decisions, ensuring full compliance with regulatory standards and upholding the highest levels of ethical conduct. To succeed in these jobs, candidates typically need a strong quantitative background. A Bachelor’s or University degree in Finance, Economics, Statistics, Mathematics, or a related field is standard, often supplemented by 2+ years of experience in model implementation, validation, or development. Demonstrated programming proficiency is essential, with common requirements including SAS, SQL, and Python; knowledge of tools like VBA is also highly valued. A solid understanding of banking products and the US regulatory landscape is crucial. Beyond technical skills, successful analysts possess proven analytical capabilities to identify root causes and anticipate future issues. Excellent communication skills are paramount, as they must convey complex technical findings clearly to both technical and non-technical audiences. If you are a detail-oriented professional with a passion for data-driven risk management, exploring CCAR/CECL Model Production Analyst II jobs could be the next step in your rewarding finance career.
