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Model Validation Specialist

JCW Group

Independently validate Fraud, Financial Crimes, and AML/BSA models using statistical and quantitative testing methods Evaluate conceptual soundness of models and assess alternative modeling approaches Design and execute test plans; monitor ongoing model performance Partner with model developers, owners, and business units throughout the model lifecycle Provide independent assessment of vendor-built models to support third-party risk governance Qualifications & Requirements Master's degree in Statistics, Applied Math, Econometrics, Computational Finance, or related quantitative field 3+ years of model validation experience (relevant PhD coursework/research may count) Working knowledge of Model Risk Management regulatory expectations, ideally with exam or audit support experience Strong knowledge of fraud and/or AML/BSA modeling methodologies Proficiency in Python and R Strong written and verbal communication skills, including ability to explain technical concepts to non-technical audiences Preferred PhD in Statistics, Applied Math, Econometrics, Computational Finance, or related field 5+ years of model validation experience Experience supporting regulatory exams or audits within Model Risk Management Schedule: Monday–Friday, standard business hours #J-18808-Ljbffr

Vacancy posted 5 days ago
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