Model Risk Analyst

Location: Pittsburgh, PA OR Lake Mary, FL

Model Risk Analyst will be part of a team that addresses Model Risk requirements from internal oversight functions and external regulators. Will lead collaboration with model owner(s) in execution of Model Risk regulatory requirements for all active and in-development quantitative models and will support Model Governance Infrastructure implementation under supervision of senior leader.

The Model Risk Analyst is responsible for multiple facets of the overall project management and execution process, including: Developing, reviewing, and documenting models within different business units
Justifying modeling assumptions and model results to internal model validation group and external regulators
Supporting the model owner, in the execution of engagement-specific statistical and/or financial modeling and analyses, and in the preparation of final model deliverables
Collaborating with model owner in designing and implementing suitable and effective model ongoing monitoring plans including performance metrics, thresholds, and escalation plans
Determining model methodology, developing customized solutions to perform independent model testing, and documenting the development methodology and implementation process

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