Track ongoing oversight of model usage of Lead Bank’s partners throughout the model life cycle
Track KRIs related to model performance and efficacy
Review model validation, development, and ongoing monitoring documentation for a range of models from scorecards, regressions, and other machine learning algorithms across the various products offered by Lead’s partners.
Assist in the maintenance of Lead’s Model Inventory
Assist with due diligence on fintech partner model risk management process as part of partner onboarding
Engage with stakeholders: Work closely with partner program managers, risk, finance, legal/compliance, customers/partners, and other related function group personnel to identify, assess, monitor, and manage model risk proactively.
Design and produce model risk metrics and reporting for internal Board Committees and other stakeholders
Perform other duties as assigned
Requirements
Hold a Bachelor’s Degree or higher in a quantitative discipline such as math, physics, econometrics, statistics, or financial engineering.
Have 5 or more years of working experience in quantitative / statistical model development, model validation and/or model risk management
Familiarity with traditional statistical models (e.g. linear / logistic regressions) as well as more advanced machine learning models (e.g. gradient boosting models)
Possess a strong quantitatively oriented knowledge of financial products and industry best practices and regulatory requirements for model risk management.
Strong verbal and written communication skills.
Have a collaborative mind-set with strong interpersonal skills.
Excel at explaining highly technical, complex concepts so that internal and external partners with diverse backgrounds can understand
Highly adaptive, flexible and able to execute to rapidly changing conditions and priorities
Benefits
Competitive compensation based on experience, geographic location, and role
Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
Paid parental leave
Flexible vacation policy, including PTO and paid holidays
A fun and challenging team environment in a dynamic industry with ample opportunities for career growth