Sr. Model Risk Analyst

Sr. Model Risk Analyst

This job is no longer open

We’re looking for talented professionals, anywhere in the United States, to join us in bringing smart money management and payment solutions to everyone’s fingertips.

At Green Dot, we are evolving to a new and permanent “Work from Anywhere” model designed to maximize the benefits of remote work, promote and enable a strong culture of performance and connectedness, and attract the best and brightest talent who align with our entrepreneurial spirit and mission.

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JOB DESCRIPTION

Green Dot is seeking an experienced Senior Analyst join our Model Risk Management function. Specifically, under the general direction of the Model Risk Management leadership, the candidate will ensure that required Model Risk Management (“MRM”) activities are executed in a timely manner including model inventory maintenance, model validations and ongoing monitoring of model performances. Previous experience in validating models in pursuant to FRB SR 11-7 is a plus.

Job Responsibilities

  • Perform independent validation of various types of models, including but not limited to statistical, machine learning, financial, and AML models used by the company

  • Collaborate with company-wide business units and stakeholders to execute the governance framework, policies and procedures, and perform risk and control assessments.

  • Liaison with model owners, developers and users to monitor usage and performance of the models and syndicate the findings of model validation

  • Participate in model risk management committees, inventory assessments, and other functions in support of the business objectives and regulatory requirements

  • Initiates the preparation and presentation of risk reporting and validation reports for varying audiences including department heads, senior management, executive management

Job Requirements

  • Bachelor's degree with 7+ years of experience in financial engineering, economics, mathematics, statistics, engineering or related fields or Master’s degree with 5+ years of experience in financial engineering, economics, mathematics, statistics, engineering or related fields.

  • Proficiency in statistical software/programming language like Python, SQL, R, etc.

  • Proven knowledge of model lifecycle, risk management methodologies and familiar with model validation function

  • Strong background in model development and statistical analysis, preferably with AI/ML modeling experience

  • Familiar with different modeling concepts and methodologies, such as logistic regression, various supervised and unsupervised machine learning algorithms

  • Ability to interact with all levels of organization as well as internal and external customers and to communicate technical information to different audiences

  • Proactive work style used to consistently communicate project status, issues and completion plans.

  • Strong analytical and computer skills including experience with quantitative analysis technical tools and techniques

POSITION TYPE

Regular

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Green Dot promotes diversity and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Green Dot provides reasonable accommodations for candidates on request and respects applicants' privacy rights.

This job is no longer open
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