Model Risk Management Analyst

SYSTEMTEC is seeking a Model Risk Management Analyst for a hybrid direct hire opportunity for candidates in Columbia SC Candidate will serve as a senior subject matter expert responsible for strengthening and overseeing the organizations Model Risk Management program including model governance independent validation risk assessment and regulatory alignment. This role will provide independent challenge and strategic guidance across complex financial quantitative and emerging AI/analytics models while partnering with senior stakeholders across the organization.

Required Qualifications of the Model Risk Management Analyst:

• Applicants must be authorized to work for any employer in the U.S. We are unable to provide sponsorship or work with Third-Party agencies.
• Bachelors degree in Finance Economics Mathematics Statistics Data Science Risk Management Business or a related field; advanced degree preferred.
• 10 years of progressive experience in model risk management quantitative risk banking financial services treasury finance internal audit regulatory supervision or a related discipline.
• 7 years of experience designing administering validating or overseeing Model Risk Management and model validation programs.
• Demonstrated experience conducting independent model validations quantitative reviews or analytical assessments and documenting validation conclusions.
• Strong knowledge of Model Risk Management frameworks model governance lifecycle management validation methodologies and regulatory expectations including SR 11-7.
• Experience evaluating models involving credit liquidity market interest-rate stress testing forecasting capital planning or other financial risk applications.
• Experience working with regulators auditors senior executives governance committees and/or external model validation providers.
• Strong analytical quantitative critical-thinking written communication and stakeholder-management skills with the ability to independently challenge model assumptions methodologies data controls and results.
• Preferred Skills/Experience: Experience with artificial intelligence machine learning advanced analytics emerging technology risk and AI/model governance within a regulated financial environment.

Responsibilities of the Model Risk Management Analyst:

• Lead and oversee independent model validation activities including assessments of model design conceptual soundness assumptions data implementation performance controls and limitations.
• Develop risk-based model review and validation plans based on model materiality complexity risk classification regulatory expectations and lifecycle requirements.
• Maintain oversight of the model inventory model classifications governance processes monitoring practices and overall effectiveness of the Model Risk Management program.
• Provide independent challenge to model owners and senior stakeholders communicate findings and risk implications track remediation and escalate significant concerns when appropriate.
• Advise management and governance committees on model risk trends regulatory developments validation results emerging risks and opportunities to strengthen model governance.
• Evaluate model risk associated with artificial intelligence and advanced analytics while coordinating with technology cybersecurity privacy operational risk compliance and other relevant functions.

Work Location: Columbia SC Hybrid.

Compensation / Benefits: Full-Time Employment with SYSTEMTEC means competitive compensation access to health dental disability and life coverage and 401(k) with match.

***Please note: SYSTEMTEC is not set up to employ workers in the states of California New York and New Jersey .***

Required Experience:

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