Senior Model Validator

Welcome to U.S. Bank Corp, where we are committed to delivering top-quality financial services to our clients. We are currently seeking a highly skilled Senior Model Validator to join our dynamic team. In this role, you will be responsible for ensuring the accuracy and effectiveness of our financial models, providing valuable insights to drive business decisions and mitigate risk. Our ideal candidate is a detail-oriented and analytical individual with strong communication and leadership skills. If you are passionate about validating complex models and making a significant impact in the financial industry, we encourage you to apply for this exciting opportunity.

1. Conduct thorough and accurate validation of complex financial models to ensure their accuracy and effectiveness in supporting business decisions.
2. Develop and implement validation plans and procedures to assess the performance and reliability of financial models.
3. Collaborate with cross-functional teams to identify and address any weaknesses or deficiencies in existing models.
4. Analyze and interpret data to provide valuable insights and recommendations for improving model performance and reducing risk.
5. Stay up-to-date with industry standards and best practices for model validation and incorporate them into the validation process.
6. Communicate validation results and recommendations to key stakeholders, including senior management, in a clear and concise manner.
7. Lead and mentor junior model validators to ensure consistency and quality in the validation process.
8. Identify and implement process improvements to streamline and enhance the model validation process.
9. Collaborate with model developers and business units to understand and document model assumptions and limitations.
10. Work with internal and external auditors to address any concerns or findings related to model validation.
11. Adhere to regulatory requirements and guidelines related to model validation, such as SR 11-7 and IFRS 9.
12. Contribute to the development and maintenance of model risk management policies and procedures.
13. Participate in cross-functional projects and initiatives to improve the overall effectiveness and efficiency of the model validation process.
14. Act as a subject matter expert and provide guidance and support to other teams within the organization on model validation-related matters.
15. Continuously monitor and assess the performance and effectiveness of financial models to ensure they meet organizational goals and objectives.

According to JobzMall, the average salary range for a Senior Model Validator in Charlotte, NC, USA is $120,000 to $170,000 per year. This range can vary depending on factors such as the size and type of company, level of experience, and additional skills and certifications.

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States.