Model Risk & AI Validation Analyst
rekruitdChicago, IL
Model Risk & AI Validation Analyst
L5
rekruitdChicago, IL4 days ago
Occupations
Financial Risk SpecialistsFinancial Quantitative AnalystsFinancial and Investment AnalystsIndustries
Other Scientific and Technical Consulting ServicesOther Management Consulting ServicesPortfolio Management and Investment AdviceREKRUITD is partnering with a financial services organization seeking a Model Risk & AI Validation Analyst for a full-time, permanent opportunity. This position will support the independent validation and governance of quantitative models, machine learning solutions, and AI systems.
Role description:
- Independently validate quantitative models, machine learning solutions, and AI systems
- Evaluate model methodology, conceptual soundness, data integrity, assumptions and limitations, implementation accuracy, and model performance
- Perform quantitative testing including back-testing, sensitivity analysis, scenario analysis, benchmarking, and performance testing
- Review model development, methodology, testing, governance, and supporting documentation
- Identify model weaknesses, limitations, and areas requiring remediation
- Provide independent challenge and clearly communicate validation findings to model owners and business stakeholders
- Support model governance, validation reporting, and regulatory review activities
- Track findings and work with stakeholders through remediation
Experience:
2–5 years of experience in model validation, model development, model risk management, data science, AI, or machine learning Model validation or development experience within banking or financial services Experience working with AI/ML and/or quantitative models Experience with banking risk models, including areas such as credit, financial forecasting, regulatory compliance, CECL, liquidity, or financial crime Knowledge of model validation methodologies including conceptual soundness, model performance, benchmarking, sensitivity analysis, and assumptions/limitations testing Strong quantitative, analytical, documentation, and communication skills Master's degree or PhD in a quantitative or related discipline preferred
Employment Type: Full-time, Permanent
Apply now
Level
SeniorL5
Location
Chicago, IL
Occupation
Financial Risk Specialists
Industry
Other Scientific and Technical Consulting Services
Posted
4 days ago
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