American AgCredit logo
American AgCredit

American AgCredit offers a broad range of agricultural loan, leasing and insurance services.

Senior Quantitative Analyst – Model Governance Strategist

Data AnalystData AnalystFull TimeRemoteSeniorTeam 501-1,000Since 1916H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

52 days ago

Salary

$110.3K - $198.6K / year

Seniority

Senior

Postgraduate Degree10 yrs expEnglish

Job Description

• Key thought partner in the creation of the analytical risk management framework, bringing unique and new ideas to create innovative long-term strategies • Critical resource in enhancing the model governance framework including improving design of all policies, procedures and processes • Serve as primary resource, and internal subject matter expert, for all matters relating to governance of analytical risk, including MRM, and will represent the analytical risk management program in high-level meetings with senior leadership, the Executive Team, external auditors and regulators • Manage all aspects of the Model Inventory according to the model lifecycle including: Model discovery, determination, risk-tiering, onboarding, model owner assignment, model owner training, model retirement and MRM reporting, among other lifecycle responsibilities • Review model documentation created by model owners to ensure it meets regulatory and internal standards • Own the annual model review process • Build out the ongoing model monitoring program to ensure acceptable performance of all models in the inventory; regularly review monitoring results with model owners and follow up on performance issues as needed • Review change control logs and make determinations regarding the level of review needed based upon the materiality of the change • Manage the status of all outstanding model risk issues, review issues submitted for closure and work with model owners to ensure issues are appropriately remediated • May, at times, assist with some model validation activities as necessary • Will have significant influence and participation in complex long-term projects that directly impact the Association’s reputation

Job Requirements

  • Advanced degree in quantitative discipline, or any equivalent combination of education and experience
  • A minimum of 10 years of experience within a complex and highly regulated financial institution spanning at least two of the following areas: quantitative model development, quantitative model validation, quantitative model monitoring
  • Some experience managing the quantitative risk of Gen AI
  • FRM, CFA, or ASA/FSA designation preferred
  • Thorough understanding of regulatory requirements and supervisory expectations [SR 11-7, OCC 2011-12, FCA EM 31.1-2] along with a comprehensive understanding of the model lifecycle
  • Good understanding of NIST AI Risk Management Framework
  • Profound quantitative expertise with the ability to discern the main drivers of risk within highly complex models and their impact on the organization
  • Excellent analytical, organizational and project management skills with high attention to detail and the ability to manage multiple tasks under tight deadlines

Benefits

  • Commitment to agriculture and the communities we serve
  • Family friendly work environment
  • Investment in employee development
  • Medical, Dental and Vision coverage
  • Outstanding 401k – automatic 3% employer contribution, plus match up to 6%
  • Generous Paid Time Off (Vacation accrued at 26 days annually, Sick Days accrued at 15 days annually, 12 paid holidays, plus 16 hours of volunteer time)
  • Competitive Incentive Compensation Plan
  • Disability & Life Insurance
  • Employee mental, physical, and financial wellness programs

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