Sr. Manager

Evaluate adequacy of theoretical framework and model design. Conduct research as required and provide supporting materials (white papers/ Fed/ OCC publications) to either support or reject a modeling framework

Familiarize oneself with applicable banking regulations for assessing capital adequacy, stress testing, provisioning etc. CCAR, CECL

Evaluate accuracy and support for key assumptions and data

Conduct replication of model results to confirm accuracy of model code and processing accuracy and capacity

Conduct review of SAS, Python or R codes and write new codes for statistical tests

Conduct sensitivity and back testing analysis. The sensitivity analysis would include sensitivity of model results to changes in parameters and data inputs

Assess limitations of model results for its intended use

Adequacy of model documentation

Prepare model validation report summarizing findings and providing recommendations

Participate in exit meetings and provide assistance and support in explaining findings to business stakeholders