Model Validation Analyst

The client's Customer Analytics, Capital and Modeling Department is looking for a highly motivated and qualified Model Validation Consultant to support its objectives. The primary responsibility of this role is to support the model validation team to mitigate the model risks under the model governance for the entire client. The team is responsible to client and diagnose modeling related risks including input data, assumption, concept, methodology, process and implementation.

The team is also responsible to opine on the model strength and weakness and recommend practical solutions.

• Support the model validation team to mitigate the model risks
• Discover and diagnose modeling related risks including input data, assumption, concept, methodology, process and implementation
• Provide subject matter expertise on models' strength and weakness and recommend practical solutions
• Validate models assigned by model governance committee
• Discuss validation results with model owners and governance team to gain consensus and create strategies to implement changes if needed
• Utilize express mode validation for new model development, facing legal and compliance related modeling issues, quick model fixes, etc.
• Review model documents, and conduct test runs on model codes
• Provide different view on methodology and calculations, and provide feedback to model developers
• Work on model validation reports with hiring manager and provide ad hoc support to him

• Master's Degree in Statistics, Econometrics, Finance, Operations Research, or equivalent. PhD is preferred
• 5 plus years of financial modeling development or model validation experience
• 3 plus years of work experience in SAS and SQL
• Quantitative analysis skills
• Preferred or Nice to haves:
• Work experience in R
• Work experience in Auto Financial Industry
• Work knowledge in Lease Residual Value
• Banking industry experience
• Auto Finance experience

All your information will be kept confidential according to EEO guidelines.