Senior Manager, Model Risk Management jobs in United States
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BDO · 7 hours ago

Senior Manager, Model Risk Management

BDO is a leading accounting and advisory organization committed to delivering exceptional experiences. The Senior Manager, Model Risk Management is responsible for managing model risk management engagements, including model validation and analysis, while leading a team to ensure high-quality deliverables.

AccountingBusiness DevelopmentFinancial ServicesOutsourcing
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H1B Sponsor Likelynote

Responsibilities

Oversees the independent review and model validation of models (Credit, Market, Forecasting, etc.) compliant with Model Risk Management policies and procedures, regulatory guidance, and industry leading practice
Conducts quantitative analytics, complex econometric modeling projects and capital stress testing models
Examines conceptual soundness of models being validated
Conducts thorough testing and provides critical review of conceptual and performance aspects of the model
Presents work through formal validation reports, as well as thorough presentation to the client model owners and senior management
Manages a team within Model Risk Management, organizes schedules of deliverables and meets deliverable due dates, and escalates issues
Writes high-quality validation documentation that satisfies the client’s internal model approval functions, audit requirements, and regulatory standards
Represents BDO’s Model Risk Management team in interactions with the client, external audit teams and regulatory bodies
Communicates model validation conclusions to BDO internal senior management and relevant project stakeholders
Other duties as required
Supervises and trains Senior Associates and Associate validators on model validation processes

Qualification

Model Risk ManagementQuantitative AnalyticsModel ValidationFinancial Instrument ValuationData ScienceArtificial IntelligenceMachine LearningRSASPythonMicrosoft Office SuiteAnalytical SkillsTechnical AssistanceLeadership SkillsCommunication Skills

Required

Undergraduate degree in Mathematics, Econometrics, Statistics, Financial Engineering, or Quantitative Finance, required
Six (6) or more years of relevant work experience (Model Risk Management), required
Demonstrated experience applying financial instrument valuation concepts, required
Experience explaining difficult modeling and statistical concepts to diverse audiences and to experts at various clients, required
Experience in leading and performing Model Validation, required
Experience in writing Model Validation reports, required
Proficient in the use of Microsoft Office Suite, specifically Excel, PowerPoint, and Word, required
Experience with R, SAS, Python, or related programming languages, required
Proficient in providing technical assistance and modeling expertise to non-technical clients and internal teams
Strong analytical and computer skills including experience with quantitative analysis technical tools and techniques
Ability to make recommendations for improved and enhanced model efficiency to clients
Ability to exercise professional judgment on engagements by providing proactive solutions and recommendations
Demonstrated leadership and management skills
Demonstrated ability to build and broaden industry knowledge to support organization and function initiatives by taking advantage of local and national training programs
Ability to multi-task and communicate effectively with clients and staff in consultative setting

Preferred

Master's degree, preferred
Experience and strong familiarity with Data Science, Artificial Intelligence / Machine Learning, Modeling Techniques, preferred
Background in Model Risk, including detailed knowledge of model validation related to statistical, AI and machine learning models, preferred
PhD, CIA, CFA, CCA, CMA, CAIA, QRM, or FRM certifications, preferred

Benefits

Employee Stock Ownership Plan (ESOP)
Flexibility and opportunities for advancement

Company

BDO is the leading provider of professional services within the mid-tier of our profession.

H1B Sponsorship

BDO has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (92)
2024 (101)
2023 (119)
2022 (151)
2021 (105)
2020 (199)

Funding

Current Stage
Late Stage

Leadership Team

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Barbara Derus
Managing Partner South Central Region - Transfer Pricing
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Benjamin Russell
Managing Partner, Transfer Pricing - East Region at BDO
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Company data provided by crunchbase