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Model Validation: Conduct independent reviews and testing of quantitative models, including design approach, sampling approach, sensitivity analysis, and robustness checks
Risk Assessment: Assess models for conceptual soundness, data limitations, and quantitative biases (e.g., fairness and ethical AI standards)
Compliance & Governance: Ensure all modeling lifecycles align with internal MRM frameworks and regulatory mandates
Effective Challenge: Provide constructive, actionable feedback and challenges to model developers regarding model design and limitations
Documentation: Author comprehensive validation reports and maintain documentation for audit purposes and senior management review
Requirements
Technical Proficiency: Strong coding skills in languages like Python, and SQL
experience with machine learning libraries (e.g., TensorFlow, PyTorch, scikit-learn)
Statistical Expertise: Deep understanding of statistical modeling, probability, and advanced mathematical concepts
Domain Knowledge: Understanding of financial regulations (e.g., SR 11-7, CECL, CCAR) if working in banking
Soft Skills: Excellent technical writing and stakeholder communication
the ability to explain complex quantitative risks to non-technical business partners and legal/compliance teams
Experience: Typically requires 7+ overall and 3-5+ years of experience in data science, risk management, or quantitative analysis
Must reside in the US
What we offer
Medical insurance
Dental insurance
Vision insurance
Flexible spending or health savings account
Life and AD&D insurance
Short- and long-term disability coverage
Paid time off
Employee assistance
Participation in a 401k program with company match