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CCAR Quant Model Validation, Senior Manager

Location : Tampa, FL
Job Type : Direct
Reference Code : GR-TPA
Hours : Full Time
Required Years of Experience : 6-10
Required Education : Bachelors Degree
Travel : No
Relocation : No

CCAR Quant Model Validation, Senior Manager (Tampa)

Are you looking to work for a global institution with an excellent culture, room for growth, ability to make a big impact and develop cutting edge technological advancements? If so, one of the top global banks in Sunny Tampa Florida is seeking a Model Analysis Validation Sr. Manager- CCAR Credit Cards. This Model validation role will head a team responsible for managing Model Risk of Loss Forecasting models. In this role, the successful candidate will interact with model developers, model risk governance group, internal audit, and regulatory agencies when required. The position is officering a high competitive salary with bonus, excellent benefits, growth opportunities and other great rewards.


Please feel free to contact Gustavo Rendon at Grendon@ Ascendo


Job Description:
•Manage other individuals within the Model Risk validation team; Full management responsibility, ensuring motivation and development of team members
•Individual will be the subject matter expert responsible for evaluating model performance of Loss Forecasting Models: 
-Model evaluation will be as per the requirements outlined in the MRM Policies and Guidance’s related to CCAR.
-The evaluation also requires writing a comprehensive 
validation report based on judgment of the evaluation 
•The individual is also expected to contribute in developing/enhancing MRM Policy and Guidances 
•The individual will support MRM team leads for MRM purpose – be it policy related work or model evaluations. 
•The individual will be fully aware and be able to interpret the implication of policies and regulatory directives.



 •Minimum of Master’s degree in a quantitative field (physics, mathematics, computer science, etc.) with 6+ years of relevant experience
•Fewer years of relevant experience will be considered for candidates with higher academic qualifications and/or certifications such as a PhD, a second Master’s degree, CPA or CFA 
•6 to 10 years in relevant consumer mortgage or credit card industry experience to include loss forecasting/stress testing model development, maintenance, tracking and management
•Prior people management and project management experience
•Requires in-depth understanding of how each areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. 
•The ability to interpret and analyses large volumes of data, and at times complex information
•Excellent written and oral communication skills are a mandate. Ability to recognizing information and patterns in data that are not obvious, and focusing analytical efforts in pursuit of explanations, isolations of cause and effect.
•Applicant with significant experience specifically in Loss forecasting and CCAR will be preferred.
•Demonstrated the ability to negotiate with influence and lead individuals outside of their direct reporting line, often at a more senior level
Candidates who can demonstrate the following will be considered to have an advantage:
•Applies in-depth disciplinary knowledge to provide value-added perspectives. May contribute to the development of new techniques, models and plans within area of expertise
•Be comfortable working with, and articulating complex matters to senior managers
•Good remote management skills

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