Financial Model Risk Management Lead

Overview

The organization is seeking a Lead validator to join its Model Risk Management (MRM) team within Enterprise Risk & Internal Audit. This role focuses on independent validation and ongoing monitoring of finance and analytics quantitative models, supporting an effective model risk management framework to identify, quantify, monitor, mitigate, and report on model risk.

Responsibilities

• Perform independent challenges of financial and analytics quantitative models, including ALM, allowance/loss forecasting, loan transition models (LTM), corporate financial planning models, take-up and engagement models, and related decision-support analytics, through rigorous validation and ongoing monitoring
• Lead end-to-end validation engagements for high-complexity, high-criticality models
• Identify model weaknesses, limitations, and opportunities for improvement; clearly articulate findings to both technical and non-technical stakeholders
• Collaborate with model owners and stakeholders across Finance, Quantitative Research, and Growth Analytics to remediate validation findings and strengthen model governance
• Partner cross-functionally to implement and maintain the MRM framework
• Partner with Internal Audit, Internal Controls, Accounting, and Compliance to support timely resolution of audit, regulatory, and examiner requests

Requirements

• 4–6 years of professional experience in related technical areas such as model development, model validation, quantitative finance, or data analytics, with meaningful exposure to financial and/or analytics model validation
• Deep and broad knowledge of corporate finance, treasury, ALM, and/or actuarial/statistical forecasting
• Proven ability to work with scripting languages (e.g., Python) and large-scale datasets (e.g., SQL)
• Comfort reviewing models built in Excel, Python, Databricks, or similar environments
• Experience with statistical modeling, time-series forecasting, simulation, and/or machine learning techniques as applied to finance and analytics use cases
• BS, MS, or PhD in a quantitative field such as Quantitative Finance, Financial Engineering, Mathematics, Statistics, Economics, Computer Science, or Data Science
• Detail-oriented and intellectually curious about data, models, and business context; skilled at critical thinking and structured problem-solving
• Extraordinary interpersonal and verbal/written communication skills, including the ability to influence model owners, present to senior stakeholders, and navigate cross-functional remediation

Preferred Qualifications

• Experience in credit underwriting or credit risk management is a plus

Compensation & Benefits

• Pay Grade: M
• Equity Grade: 8
• Base pay (USA):
  • $185,000 - $245,000 per year for CA, WA, NY, NJ, CT
  • $164,000 - $224,000 per year for all other U.S. states
• New hires typically come in at the start of the pay range.
• Base pay is part of a total compensation package that may include equity rewards, monthly stipends for health, wellness and tech spending, and benefits including 100% subsidized medical coverage, dental and vision for you and your dependents.
• Highlights:
  • 100% premium coverage for health insurance for employees and their dependents
  • Monthly spending stipends to support tech setup and health/wellness options
  • Flexible time off and generous holiday calendars
  • Employee stock purchase plan (ESPP) to buy company stock at a discount

Location

Remote-first with flexibility built in. Most roles can be done from almost anywhere within the country of employment. Some positions may occasionally require in-person work at an office, and a few are office-based due to the nature of the work. All new hires will be invited to attend an in-person onboarding experience.

For positions based in San Francisco or Los Angeles: the organization considers qualified applicants with arrest and conviction records, as required by law.

Equal Opportunity

Inclusive interview process with accommodations for candidates with disabilities.