Lead

Unbundled programmable banking.

Senior Model Risk Management Analyst

Full TimeRemoteTeam 51-200Since 1928Company SiteLinkedIn

Location

California + 2 moreAll locations: California, New York, Missouri

Posted

9 days ago

Salary

$152K - $175K / year

Bachelor Degree5 yrs expEnglish

Job Description

• Track ongoing oversight of model usage of Lead Bank’s partners throughout the model life cycle • Track KRIs related to model performance and efficacy • Review model validation, development, and ongoing monitoring documentation for a range of models from scorecards, regressions, and other machine learning algorithms across the various products offered by Lead’s partners. • Assist in the maintenance of Lead’s Model Inventory • Assist with due diligence on fintech partner model risk management process as part of partner onboarding • Engage with stakeholders: Work closely with partner program managers, risk, finance, legal/compliance, customers/partners, and other related function group personnel to identify, assess, monitor, and manage model risk proactively. • Design and produce model risk metrics and reporting for internal Board Committees and other stakeholders • Perform other duties as assigned

Job Requirements

  • Hold a Bachelor’s Degree or higher in a quantitative discipline such as math, physics, econometrics, statistics, or financial engineering.
  • Have 5 or more years of working experience in quantitative / statistical model development, model validation and/or model risk management
  • Familiarity with traditional statistical models (e.g. linear / logistic regressions) as well as more advanced machine learning models (e.g. gradient boosting models)
  • Possess a strong quantitatively oriented knowledge of financial products and industry best practices and regulatory requirements for model risk management.
  • Strong verbal and written communication skills.
  • Have a collaborative mind-set with strong interpersonal skills.
  • Excel at explaining highly technical, complex concepts so that internal and external partners with diverse backgrounds can understand
  • Highly adaptive, flexible and able to execute to rapidly changing conditions and priorities

Benefits

  • Competitive compensation based on experience, geographic location, and role
  • Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
  • Paid parental leave
  • Flexible vacation policy, including PTO and paid holidays
  • A fun and challenging team environment in a dynamic industry with ample opportunities for career growth

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