Overview:

The Expert Model Validation Analyst is responsible for independently validating complex quantitative models across Treasury, Market Risk, Liquidity, and Balance Sheet Management. This role supports the Bank’s model risk governance framework and ensures models operate effectively and comply with regulatory expectations.

Primary Responsibilities:

• Lead independent validation of complex quantitative models, including liquidity, IRRBB, FTP, QRM, and other Treasury and risk management models.
• Apply model risk governance standards, ensuring alignment with internal policies and regulatory expectations (e.g., SR 11‑7, SR 15‑18)
• Perform comprehensive testing such as conceptual soundness reviews, implementation verification, benchmarking, sensitivity analysis, challenger model development, and performance testing.
• Evaluate qualitative models and expert-judgment frameworks for documentation quality, controls, and governance.
• Prepare high-quality validation documentation, including Model Validation Reports, technical appendices, and supporting analyses.
• Present validation results to model owners, developers, and risk/governance partners, and support issue remediation.
• Participate in regulatory exams, audits, and governance reviews as needed.
• Contribute to enhancing validation methodologies, standards, and best practices across the Model Risk Management function.
• Provide technical guidance and mentorship to junior team members.

Education and Experience Required:

Master's or Doctoral degree in Mathematics, Statistics, Business Engineering, Econometrics, or Science-based discipline,

Plus 5 years experience in model development or validation, with a combined minimum of 5-7 years’ higher education and relevant work experience.