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Senior Model Risk Management Jobs in North Carolina

... senior validation staff. * (30%) Validate the performance and controls of statistical models using ... Document and present findings to management and model owners. * (10%) Provide input for ...

Model Risk Actuary

Charlotte, NC · On-site

$113K - $133K/yr

The Model Risk Actuary will support the identification, assessment, and management of model risk across the organization. This role ensures that models and assumptions used for pricing, reserving ...

Ensure strict adherence to regulatory and governance requirements, including Model Risk Management (MRM) guidelines (e.g., SR 11-7), consumer privacy laws, and fair lending practices. * Provide clear ...

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of ... SR 11-7 regulatory guidance on model risk governance and oversight for various model types. 7. ...

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of ... SR 11-7 regulatory guidance on model risk governance and oversight for various model types. 7. ...

Recommending improvements to model risk management systems and processes. b. Being knowledgeable of ... SR 11-7 regulatory guidance on model risk governance and oversight for various model types. 7. ...

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Senior Model Risk Management information

What is the difference between Senior Model Risk Management vs Model Validation Analyst?

AspectSenior Model Risk ManagementModel Validation Analyst
CredentialsAdvanced degrees in finance, statistics, or related fields; certifications like FRM or CFASimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentStrategic oversight, risk assessment, policy development within financial institutionsHands-on model testing, validation, and documentation in quantitative teams
Industry UsageUsed across banking, insurance, asset management for risk governancePrimarily in banking and financial services for model validation roles

While both roles require quantitative expertise and relevant certifications, Senior Model Risk Management focuses on overseeing and managing model risks at a strategic level, whereas Model Validation Analysts concentrate on testing and validating models to ensure accuracy and compliance.

What are the most commonly searched types of Model Risk Management jobs in North Carolina? The most popular types of Model Risk Management jobs in North Carolina are:
What are popular job titles related to Senior Model Risk Management jobs in North Carolina? For Senior Model Risk Management jobs in North Carolina, the most frequently searched job titles are:
What job categories do people searching Senior Model Risk Management jobs in North Carolina look for? The top searched job categories for Senior Model Risk Management jobs in North Carolina are:
What cities in North Carolina are hiring for Senior Model Risk Management jobs? Cities in North Carolina with the most Senior Model Risk Management job openings:
Model Risk Consultant - Financial Crime/Operational Risk

Model Risk Consultant - Financial Crime/Operational Risk

First Horizon Bank

Charlotte, NC

Full-time

Medical, Dental, Vision, Retirement

Posted 3 days ago


First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

40th of 170 rated banks


Job description

Location: On site at location listed in job posting

SUMMARY 

At First Horizon, the Senior Model Risk Consultant, under the supervision of the Director of Model Risk Management, will be responsible for executing best-in-class model validation activities to ensure models across First Horizon are conceptually sound relative to their intended use and performing as expected as well as ensuring compliance with our bank-wide model risk management framework including its policies and procedures.  This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk. 

Primary Responsibilities

  • Validates Fraud, Financial Crimes, and AML/BSA models used by the Bank using various statistical and advanced testing techniques
  • Critically evaluates the conceptual soundness of models and evaluates alternative theories
  • Designs and executes appropriate tests to determine whether models work as designed and monitors existing models for adequate performance
  • Work collaboratively with other model risk analysts as well as model owners, developers, and users

Requirements

  • Master’s degree in Mathematics, Computational Finance, Econometrics, Mathematics, Statistics, or related field
  • Three years of work experience in model validation. Relevant PhD work can be substituted for work experience.
  • Strong knowledge of regulatory requirements for Model Risk Management with proven track records of delivering regulatory requirements
  • Strong critical thinking skills and a detail-oriented nature to challenge models developed internally and by vendors
  • Excellent verbal and written communication skills are necessary (ability to explain complex ideas in simple, non-technical language)
  • In depth knowledge of modeling approaches to Fraud and AML/BSA

Preferences

  • PhD degree in Mathematics, Computational Finance, Econometrics, Statistics, or related field
  • Five years of model validation experience

Skills and Competencies

  • Proficiency in Python and R
  • Ability to learn additional systems as needed
  • Ability to research, analyze data, and derive facts
  • Ability to work under pressure and meet deadlines
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

Hours

  • Monday - Friday
  • 9:00 AM - 5:00 PM

About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com. 

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits 

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