Quavo Fraud & Disputes
Quavo is a leading provider of automated dispute management SaaS solutions for issuing financial institutions.
AI & Data Governance
Location
United States
Posted
5 days ago
Salary
Not specified
Bachelor Degree3 yrs expEnglishPythonSQL
Job Description
• Perform independent validation of models used fraud and dispute resolution.
• Assess conceptual soundness, data integrity, and performance of models against regulatory, client, and internal standards.
• Conduct back-testing, benchmarking, and sensitivity analysis to evaluate model robustness.
• Document validation findings and provide actionable recommendations for remediation, when required.
• Maintain model inventory and ensure adherence to Model Risk Management (MRM) policies.
• Support governance processes including model approval, periodic reviews, and retirement.
• Ensure compliance with regulatory requirements such as OCC guidelines.
• Establish and enforce data quality standards, metrics, and KPIs across the organization.
• Collaborate with stakeholders to document data lineage and business rules.
• Create and oversee policies ensuring consistency and compliance in data and modeling processes.
• Validate input data sources for accuracy, completeness, and appropriateness.
• Develop and maintain comprehensive documentation for models, assumptions, and validation procedures.
• Implement controls to monitor ongoing model performance and risk indicators.
• Collaborate with Sales and Legal teams to ensure Quavo is compliant with prospective clients’ model governance standards.
• Partner with quantitative teams, risk managers, and business units to resolve model issues.
• Communicate validation results and governance updates to senior management.
Job Requirements
- Bachelor’s or Master’s degree in finance, Economics, Statistics, Mathematics, or related field.
- Strong understanding of financial modeling techniques and risk management principles.
- Proficiency in statistical tools and programming languages (Python, R, SAS, SQL, or similar).
- Familiarity with regulatory frameworks
- Comprehensive understanding of contractual requirements and data sharing protocols across vendor ecosystems
- Excellent analytical, problem-solving, and documentation skills.
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Professional development opportunities