United Community · 1 month ago
Senior Model Validation Analyst
United Community is seeking a Senior Model Validation Analyst to manage and execute independent validation activities for financial and non-financial risk models. This role involves validating methodologies used for measuring and analyzing risk across various domains and leading model documentation reviews.
Banking
Responsibilities
Lead Validation Efforts: Validate models used in credit risk, market risk, liquidity, capital planning, and forecasting
Assess Model Design: Evaluate assumptions, inputs, and outputs for conceptual soundness and performance
Review External Validations: Ensure third-party validations meet UCBI standards
Risk Assessment: Assist in annual risk assessments and execute model reviews
Mentor Junior Analysts: Provide guidance and review validation work for accuracy and compliance
Maintain Model Inventory: Update inventory, plan validation schedules, and track findings
Prepare Reports: Communicate validation results to model owners, senior management, and governance committees
Monitor Performance: Track ongoing model performance and recommend recalibration or redevelopment
Stay Current: Keep up with regulatory expectations (SR 11-7, OCC 2011-12) and industry best practices
Qualification
Required
Advanced degree in Statistics, Econometrics, Economics, Mathematics, or related quantitative field
5–10 years of experience in model risk management, financial modeling, quantitative analysis, or risk management
Strong technical quantitative skills and critical thinking ability
Hands-on experience with Python or R (Python preferred)
Robust understanding of risk modeling practices, especially credit and market risk
Direct experience with regulatory guidance (SR 11-7, OCC Bulletin 2011-12)
Excellent verbal and written communication skills
Preferred
Experience managing associates and leading validation projects
Familiarity with machine learning and advanced statistical techniques
Company
United Community
Since 1950, United Community has been driven to provide best-in-class service as we work to improve the financial well-being of the people and communities we serve.