Senior Manager – Model Risk Management

Role Overview

• Lead and manage model validations, internal audits, and consulting engagements related to: Current Expected Credit Losses (CECL), Asset Liability Management (ALM), Interest Rate Risk (IRR), Liquidity Risk, Budgeting and forecasting models, Risk ‑ Adjusted Return on Capital (RAROC)
• Serve as a senior technical authority on financial institution modeling approaches, risk frameworks, quantitative methods, and regulatory expectations
• Oversee detailed evaluation of model theory, assumptions, data, methodology, controls, cash flow logic, calibration, implementation, and performance monitoring
• Review and approve high ‑ quality written reports summarizing findings, recommendations, and model improvement strategies
• Lead, coach, and mentor team members across multiple simultaneous engagements
• Oversee staff development, provide performance feedback, and support ongoing technical training initiatives
• Allocate resources, set engagement timelines, and ensure successful completion of project milestones
• Serve as a trusted advisor to financial institution executives and risk leaders
• Communicate engagement progress, technical findings, and strategic recommendations clearly and confidently
• Assist clients in enhancing model governance practices, strengthening model risk frameworks, and implementing regulatory expectations
• Participate in and help drive business development initiatives, including opportunity identification, proposal development, and client presentations
• Contribute to internal methodology enhancements, knowledge‑sharing, and development of best‑practice tools
• Lead external presentations related to subject matter expertise, on occasion
• Help shape the long‑term strategy of the Model Risk Management practice

Requirements

• Bachelor’s degree in business, accounting, economics, finance, mathematics, statistics, data science, or related analytical field
• 7+ years of recent experience in Model Risk Management, financial institution modeling, quantitative risk analysis, or related analytical fields
• Demonstrated technical expertise in CECL, ALM, IRR, Liquidity, Budgeting, and/or RAROC modeling
• Strong understanding of financial institution balance sheets, earnings drivers, credit risk, interest rate risk, liquidity frameworks, and regulatory guidance
• Proven experience leading, training, and developing teams of professionals
• Exceptional written and verbal communication skills and the ability to explain complex topics to both technical and non ‑ technical audiences
• Strong analytical, problem ‑ solving, and critical ‑ thinking skills with high attention to detail
• Ability to manage multiple projects simultaneously and deliver high ‑ quality results under tight deadlines

Benefits

• generous time away and paid firm holidays, including the week between Christmas and New Year’s
• flexible work schedules
• 16 weeks of paid maternity and adoption leave, 8 weeks of paid parental leave, 4 weeks of paid and caregiver leave (once eligible)
• first-class health and wellness benefits, including wellness coaching and mental health counseling
• one-on-one professional coaching
• Leadership and career development programs
• access to Beyond: a one-of-a kind program with experiences that help you expand your life, personally and professionally