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Quantitative Model Risk Officer
Location
Washington
Posted
2 days ago
Salary
$117.2K - $154.5K / year
Seniority
Senior
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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