Quantitative Model Validation Officer

Quantitative Model Validation Officer I at Truist

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Regular or Temporary:
Regular

Language Fluency:
English (Required)

Work Shift:

1st shift (United States of America)

Under the general supervision of the Senior Model Validation Officer, perform advanced level model validation for the corporation. Focus primarily on model validation and quantitative analysis, but also evaluate other model controls and serve as a resource for the corporation in all model risk management related tasks.

• Independently perform model validations spanning credit risk, market risk, and capital planning domains to assess fit for purpose, conceptual soundness, mathematical theory and construct, assumptions, data/assumptions, and output reasonableness.
• Work with Senior Model Validation Officer on more complex model validation findings and remediation.
• Evaluate other model controls such as model performance tracking, change management, access control, and documentation.
• Evaluation of validation findings remediation activity including analytical evaluation of residual risk.
• Document validation effort in the form of a written report.
• Directly support and assist in the duties of the Senior Model Validation Officer.

• Master’s degree in a quantitative discipline or equivalent education and related training.
• Basic computer programming skills (Python, Mat Lab, SAS, VBA, etc.).
• Excellent communication (verbal and written), organizational and interpersonal skills.
• High attention to detail and ability to think at the organizational level.

• Ph.D. in quantitative finance, mathematics, statistics or a related field.
• One or more of CFA/PRM/FRM professional designation.
• Advanced competency programming in languages such as Java, C++, Tensor Flow, SAS etc.
• Exposure to one or more financial modeling disciplines such as credit score modeling, asset-liability management, stress testing, term structure modeling, fraud detection, value-at-risk, capital planning models, loan loss reserve (CECL) modeling, etc.

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.

For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work

• Not Applicable

• Full-time

• General Business, Management, and Business Development

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