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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Under the general supervision of the Senior Model Validation Officer, perform advanced level model validation for the corporation. Focus primarily on model validation and quantitative analysis, but also evaluate other model controls and serve as a resource for the corporation in all model risk management related tasks.
Independently perform model validations spanning credit risk, market risk, and capital planning domains to assess fit for purpose, conceptual soundness, mathematical theory and construct, assumptions, data/assumptions, and output reasonableness.
Evaluate other model controls such as model performance tracking, change management, access control, and documentation.
Evaluation of validation findings remediation activity including analytical evaluation of residual risk.
Document validation effort in the form of a written report.
Directly support and assist in the duties of the Senior Model Validation Officer.
Requirements
Must have a Master's degree in Statistics, Econometrics, Quantitative Finance, Applied Mathematics, or related quantitative field.
Must have 1 of experience a quantitative or data analytics position performing/utilizing the following:
Performing model development/validation including machine learning models
Applying solid understanding of principles, practices, theories, and methodologies associated with financial risk management.
Developing, documenting, implementing, and validating Market, Credit and Operational risks of new and existing financial products.
Distilling complex mathematical concepts into actionable results.
Financial modeling disciplines, including: credit score modeling, asset-liability management, stress testing, term structure modeling, fraud detection, value-at-risk, capital planning models, loan loss reserve (CECL) modeling.
Utilizing experience with: Pyton, MatLab, SAS, VBA
Position may be eligible to work remotely but is based out of and reports to Truist offices in Miami, FL. Must be available to travel to Miami, FL regularly for meetings and reviews with manager and project teams within 24-hours' notice.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no
. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
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