Job
Description
The Model/Analysis/Validation Intermediate Analyst role is a developing professional position that involves dealing with problems independently and having the flexibility to solve complex issues. The role requires integrating specialized knowledge with a solid grasp of industry standards and practices. You should have a good understanding of how your team and area collaborate with others to achieve subfunction/job family objectives. Analytical thinking and proficiency in data analysis tools and methodologies are essential. Attention to detail is crucial when making judgments and recommendations based on factual information. You will typically handle variable issues with potential broader business impact, applying professional judgment in interpreting data and results. Communicating information in a systematic and understandable manner is important, along with possessing developed communication and diplomacy skills needed to exchange complex/sensitive information effectively. Your responsibilities will include developing, enhancing, and validating risk measurement and analysis methods for all risk types, such as market, credit, and operational risks. You may also work on developing, validating, and strategizing the use of scoring models and related policies. Supporting the design, development, delivery, and maintenance of top-notch Risk programs, policies, and practices for Risk Management will be part of your role. Reviewing analytics, models, and other documents to ensure compliance with regulatory and legal requirements is also a key responsibility. Identifying potential risks, escalating them for further review, handling preliminary investigations, assisting with reconciliation procedures, preparing routine correspondence, creating and maintaining reports, and collaborating with other areas within Risk Management will be part of your daily tasks. Your impact will be moderate but direct through close contact with the business's core activities. The quality and timeliness of the services you provide will affect the effectiveness of your team and other closely related teams. Qualifications for this role include having at least 4 years of experience in Risk Strategy, Modeling, Monitoring, or Validation. Sound knowledge of risk strategy concepts and industry best practices is essential, along with excellent quantitative and analytic skills to derive patterns, trends, and insights. Proficiency with analytical or data manipulation tools like SAS, SQL, R, Python, and the MS Office suite is required. Strong written and verbal communication skills, self-motivation, attention to detail, and project management capabilities to handle multiple projects concurrently are necessary. A Bachelor's/University degree in statistics, mathematics, economics, or equivalent experience is also required, while a Master's/PhD degree is considered a plus. This position with Global Consumer Bank (GCB) Risk Modeling Services supports the US Consumer Banks CRS portfolios, specifically in the Non-Scoring Models monitoring team. You will monitor strategies developed by the Risk/Strategy team in alignment with Risk modeling policies and procedures. Interacting with the MRM and Policy teams on issues related to CRS portfolios, including Limitations, Root Cause Analysis, and other monitoring-related matters, will be a key aspect of your responsibilities. In summary, this role requires a blend of technical expertise, analytical skills, communication abilities, and attention to detail to effectively contribute to Risk Management within the organization.,
