Model Risk Manager
Remote
Role:
As a Model Risk Manager, you will own the development and implementation of industry-leading model risk management practices and become the first head of the model governance domain. You will lead efforts to independently validate models, identify potential risks, and support ongoing risk mitigation and reporting activities. In this role, you will collaborate closely with internal stakeholders across the organization and customers to ensure our models are accurate, reliable, and effectively managed across the organization. Initially function as a founding IC and directly guide other dedicated analysts that support governance work across the company. Opportunity to grow into direct team leadership / management as the business grows.
This is a remote, US-based role.
Responsibilities:
- Ensuring our core models are performing as expected and up to standard via periodic audits, fair lending assessments and ongoing monitoring
- Generating routine governance and performance stats for based on requirements
- Supporting the creation of new governance standards for the company
- Functioning as the main point of contact for our partners around governance materials and model stats, both live (zoom, in person) and async (email).
- Supporting deep model governance audits with prominent financial institutions
- Curating and improving our core governance docs (to reduce ad-hoc burden, increase efficiency, improve quality, etc).
- Guiding more junior analysts that support the model governance domain
Requirements:
- Years of experience: 5+
- Proven experience in model governance / risk management / backtesting
- Knowledge of model governance regulatory environment (rules, best practices, etc)
- Technical bachelor's degree (any STEM)
- Python at beginner level
- Proficient in Excel / Google Sheets
- Data Visualization skills (Excel Plots / BI tools / Python)
- Candidates must be legally authorized to work in the United States and must live in the United States.
- Nice to have / a plus:
- Experience with GitHub / AWS ecosystem (e.g. S3, SageMaker)
- Technical MA (any STEM)
- Python at intermediate level
- Previous people management or technical leadership experience
Salary Range:
- $180,000/year - $210,000/year + equity + benefits
Perks:
- Employer paid group health insurance for you and your dependents
- 401(k) plan with employer match (or equivalent for non US-based roles)
- Flexible paid time off
- Regular company-wide in-person events
- Home office stipend, and more!
Corporate Values:
- Follow Through
- Deep Understanding
- Whatever It Takes
- Do Something Smart
Job Profile
RestrictionsLegally authorized to work in the United States Must be authorized to work in the United States Must be legally authorized to work in the United States Must live in the United States Remote, US-based role US-based role
Benefits/Perks401k plan with Employer Match 401(k) with match Company events Employer paid health insurance Flexible paid time off Health insurance Home office stipend In-person events
Tasks- Collaborate with stakeholders
- Develop model risk management practices
- Guide analysts
- Identify risks
- Reporting
- Support risk mitigation
- Validate models
AWS Backtesting BI Tools Data Visualization Excel Financial Services GitHub Go Google Sheets Identity Verification Model governance Model Risk Management Monitoring Python Risk Management S3 Sagemaker
Experience5 years
EducationAny STEM Bachelor's Bachelor's degree Technical bachelor’s degree Technical master's degree