Model Risk Manager
: Job Details :


Model Risk Manager

Crowe

Location: Livingston,NJ, USA

Date: 2024-11-15T15:25:25Z

Job Description:

Your Journey at Crowe Starts Here:At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an impact. We embrace you for who you are, care for your well-being, and nurture your career. Everyone has equitable access to opportunities for career growth and leadership. Over our 80-year history, delivering excellent service through innovation has been a core part of our DNA across our audit, tax, and consulting groups. That's why we continuously invest in innovative ideas, such as AI-enabled insights and technology-powered solutions, to enhance our services. Join us at Crowe and embark on a career where you can help shape the future of our industry.Job Description:The Model Risk Manager will be responsible for performing and managing consulting projects for a variety of financial services clients. This primarily includes consulting with clients about model risk management practices and providing model validation services, primarily for credit risk, finance, and treasury management models (asset liability management, liquidity, interest rate risk).Supervise, train and review the work of other consultants.Manage key aspects of client service projects from planning to completion.Become a trusted advisor to client management by providing appropriate recommendations and solutions. Able to make and sustain meaningful client relationships.Support proposal and business development activities by identifying new target clients, building business relationships with key executives, and developing and presenting proposals.Understand industry trends and client challenges in order to lead the development of new services and solutions.Qualifications:Bachelor's degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience. Graduate degree a plus.5+ years' experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.Working knowledge of:Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).Credit risk model types (e.g., CECL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc.).Other model types (e.g., Asset Liability Management, Pricing, Mortgage Servicing Rights, etc.).Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking.Technical knowledge about data processing, data storage, and data visualization.A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions.Write and present to clients clear and concise reports and presentations containing meaningful recommendations.Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer.Ability to lead and manage a team.Manages engagement to ensure quality and is delivered within budget.Engagements are frequently conducted remotely.This position may require travel but is not expected to exceed 25%.Additional skills desired:Solid analytical background and knowledge of econometrics.Knowledge of risk ratings, risk rating /scorecard methodology, model governance, model development, CECL, DFAST, CCAR and capital allocation methodology would be a plus.Experience with statistical packages such as SAS, Matlab, Stata, Python, and R.Experience with database management, such as SQL.Experience with data visualization tools such as Microsoft Power BI, Tableau, QlikView.Basic understanding of trends in artificial intelligence and machine learning.Professional certification preferred (e.g., RMA CRC, CFA, FRM).We expect the candidate to uphold Crowe's values of Care, Trust, Courage, and Stewardship. These values define who we are. We expect all of our people to act ethically and with integrity at all times.Our Benefits:Your exceptional people experience starts here. At Crowe, we know that great peopleare what makes a great firm. We care about our people and offer employees a comprehensive total rewards package. Learn more about what working at Crowe can mean for you! How You Can Grow:We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations. Learn more about where talent can prosper! More about Crowe:Crowe (www.crowe.com) is one of the largest public accounting, consulting and technology firms in the United States. Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the country's best places to work. Crowe serves clients worldwide as an independent member of Crowe Global, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.Crowe LLP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.Crowe LLP does not accept unsolicited candidates, referrals or resumes from any staffing agency, recruiting service, sourcing entity or any other third-party paid service at any time. Any referrals, resumes or candidates submitted to Crowe, or any employee or owner of Crowe without a pre-existing agreement signed by both parties covering the submission will be considered the property of Crowe, and free of charge.EOE M/F/D/V

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