Model Risk Senior Associate – Jersey City or Dallas

Must have:

• Bachelor’s degree preferred or equivalent experience
• Minimum of 6 years of experience in model validation, model risk management, or a related field within the financial services industry.
• Solid understanding of model risk management (MRM) principles, including the verification of models against their design objectives and business use cases.
• Practical experience in model validation and/or model development in compliance with regulatory guidelines such as SR 11-7 and CCAR rules.
• Hands-on experience with the validation of financial models, ensuring that they meet performance expectations, assumptions, and limitations.
• Strong proficiency in programming languages such as SQL, Python, R, SAS, or C/C++ used for model validation and performance monitoring.
• Experience working with internally developed models and third-party models (vendor-based or consultant-developed).
• Proven experience in writing model validation reports and presenting findings to senior stakeholders, including the Model Risk Governance Council (MRGC).
• Ability to collaborate with cross-functional teams, including model owners, developers, and users to ensure effective validation and issue resolution.