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Banner Bank

Let's Create Tomorrow, Together.

Quantitative Model Risk Officer

RiskRiskFull TimeRemoteSeniorTeam 1,001-5,000Since 1890H1B No SponsorCompany SiteLinkedIn

Location

Washington

Posted

2 days ago

Salary

$117.2K - $154.5K / year

Seniority

Senior

Postgraduate Degree6 yrs expExperience acceptedEnglish

Job Description

Quantitative Model Risk Officer

Banner Bank

• Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance • Design and implement model test plans, including reusable code and analytical tools to support future validations • Partner with business units to monitor ongoing model performance and ensure alignment with expectations • Collaborate with stakeholders to support adherence to model development and implementation standards • Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank • Prepare clear, thorough validation reports and presentations for senior leadership • Maintain detailed documentation and track progress on model risk initiatives • Stay current on industry trends, regulatory expectations, and emerging practices in model risk management

Job Requirements

  • You have a Master’s degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline (Required).
  • An equivalent combination of education and experience can be considered in lieu of a degree.
  • You have 6 or more years of bank credit experience in model risk management, model development, or quantitative finance (Required)

Benefits

  • Targeted starting salary range (based on experience): $117,249 - 154,493
  • Annual incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement

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