A banking client in Los Angeles is looking for 2 Model Validation professionals to join its Model Risk Management team. In this role, this individual will be expected to lead the effort to perform independent validations on statistical and financial models across different business-area models. Responsibilities: Complete procedures of material model components including: Assess and test the conceptual soundnessEvaluate model assumptions and data integrity for accuracy and reasonabilityTest model numerical, statistical, and/or computational accuracyPerform outcomes analysis including but not limited to back-testing, scenario testing, and sensitivity testingReview model governance and control process; and assess the suitability and implementation of vendor modelsBuild benchmark or challenge models when necessary, using the best-practice approach in the appropriate areasWrite and present in-depth model validation reports and provide value-added recommendations to model owners and developersAssess and test model performance and maintenance, i.e. correct implementation, limiting behaving, and response to stress/extreme input condition-stress testingInterprets model validation test results and establish and assess the required action plans with model owners and developersGain in-depth understanding of the available data sources and help build an effective data governance frameworkRequirements: 2-5 years’ worth of experience with model validation or development Prior experience developing/validating of the following (2 or more preferred): Quantitative Risk Management (QRM)CoStar CompassBancware SystemsAnti-Money Laundering ModelsCECL ModelsEnterprise Stress Testing modelsExperience in designing tests, model outcomes analysis, scenario analysis, sensitivity analysis, and back-testingKnowledge of model risk management and associated regulatory requirements such as SR11-7/OCC2011-12 and ideally proficient in SAS, R, Python, VBA, SQL programmingMUST BE A GREENCARD HOLDER/ US CITIZENIf this opportunity interest you, please get in touch to explore further!