Are you passionate about risk management and model development? Do you thrive in a collaborative environment where your analytical and technical writing skills can shine? If so, we have the perfect opportunity for you!
United Community is looking for a Senior Model Analyst & Technical Writer. This role will be crucial in supporting the composition and delivery of Model Development Documentation and model backtesting to demonstrate model effectiveness.
Key Responsibilities:
- Develop and deliver high-quality model development documentation.
- Engage in conceptual, analytical, and technical writing to support Model Risk Management Policy and Enterprise Risk Management Policy.
- Collaborate with model vendors, owners, developers, and validation analysts to ensure accuracy and compliance.
What You’ll Do:
Documentation Maintenance and Compliance
- Compose content for documentation of models that meets the requirements of SR 11-7 regulatory guidance, as well as Bank guidelines defined by Enterprise Risk Management and Model Risk Management.
- Develop clear, concise, and comprehensive documentation for mostly statistical and financial models, ensuring compliance with SR 11-7 guidelines.
- Review and edit existing documentation to improve clarity, accuracy, and compliance with SR 11-7.
- Identify and/or develop documentation repositories and libraries.
- Work with Business Units to maintain timely updates to model documentation and support other Business Unit reporting on ongoing model performance and change management
Collaboration and Communication
- Conduct interviews and outreach with appropriate subject-matter-experts in the Business Units, 3rd party model vendors, and collaborate with multiple teams.
- Collaborate with model developers, validators, and risk managers to gather information and translate technical concepts into accessible language for various stakeholders.
Research and Writing
- Research, outline, write and edit content, working closely with model developers and users to document architecture, design, and production application of models.
- Leverage quantitative and qualitative data to generate insightful reports.
Model Development and Testing
- Conduct model development replication and testing including backend model performance assessments to remediate existing model documentation gaps.
Training and Support
- Create training materials and user guides to support the implementation and use of statistical models and machine learning tools.
- Manage first-line peer reviews of documentation and support requests from Enterprise Risk Management and Model Risk Management, as well as Internal Audit.
What We’re Looking For:
Required Skills/Experience:
- Bachelor's degree in Statistics, Mathematics, Computer Science, Finance, or a related field
- Minimum of 3 years of experience in modeling and/or technical writing, preferably in the financial services industry.
- Familiarity with project management and business intelligence software (e.g., Tableau, Power BI).
- Proficiency in statistical modeling and financial modeling concepts
- Strong understanding of SR 11-7 and its application to model risk management
- Qualified Senior Modeling analyst and/or Qualified Senior Model Validator
Preferred Skills/Experience
- Advanced Degree
- Familiarity with programming languages such as Python, R, or SAS
- Strong background in statistical modeling and financial modeling
- Deep understanding of the Supervisory Guidance for Model Risk Management (SR-7).
- Experience in creating comprehensive documentation, reports, and communication materials that support model risk management frameworks.
- This roll will transition to modeling development and/or validation position in about 12 months.
Conditions of Employment:
- Must be able to pass a criminal background check
- This is a full-time position
Ready to take your career to the next level? Apply now and become a vital part of our team!
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
