Manager - Model Validation

Are you a highly skilled and experienced professional looking for a challenging and dynamic role in the financial industry? Look no further! Ally Financial is seeking a talented individual to join our team as the Manager of Model Validation. In this role, you will be responsible for ensuring the accuracy and effectiveness of our financial models, playing a crucial role in maintaining the integrity of our business. If you have a strong background in modeling and validation, exceptional analytical skills, and a passion for driving results, we want to hear from you! Join us in our mission to be a leading digital financial services company and make a meaningful impact in the industry.

1. Develop and implement a robust model validation framework to ensure accuracy and effectiveness of financial models used within the company.
2. Lead a team of model validation analysts, providing guidance, training, and support to ensure optimal performance and results.
3. Conduct thorough reviews and assessments of financial models, identifying potential weaknesses and areas for improvement.
4. Collaborate with cross-functional teams, including risk management, finance, and IT, to ensure alignment and compliance with industry regulations and company policies.
5. Communicate effectively with senior leadership to provide updates on model validation activities and recommendations for improvement.
6. Stay abreast of industry best practices and regulatory requirements related to financial modeling, and proactively make recommendations for enhancements to the model validation process.
7. Develop and maintain documentation of model validation procedures, results, and findings for reporting and audit purposes.
8. Conduct ongoing monitoring and testing of existing models to identify any potential issues or changes needed.
9. Participate in the development and implementation of new financial models, providing expertise and guidance on validation requirements.
10. Continuously assess and improve the model validation process to ensure efficiency, accuracy, and effectiveness.

According to JobzMall, the average salary range for a Manager - Model Validation in Charlotte, NC, USA is $134,000 - $176,000 per year. However, this can vary depending on the specific industry, company, and level of experience of the individual.

Ally Financial provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.