Model Validator, Model Risk Management

Model Risk Management Model Validator

Collect, analyze, report, and interpret data for use in the development of business strategies and tactics and in subsequent appraisal of results.

This entry-level position supports the Model Risk Management team in the independent validation of a variety of RJ models, including market risk, Pricing, asset management, capital markets (Fixed income and equity) and ALM models. The role involves assisting with model documentation reviews, data validation, testing, and reporting, in accordance with regulatory guidance (e.g., SR 11-7 and OCC 2011 / 12).

This is a great opportunity for someone looking to launch and enhance a career in financial risk, model risk, model analytics, or compliance analytics areas. The ideal candidate is detail-oriented, eager to learn, and interested in financial and non-financial risk analytics, as well as intersection of data and financial regulation.

Please note : This role is not eligible for immigration Work Visa sponsorship, either currently or in the future.

Essential Duties and Responsibilities :

• Assist in developing model validation plans for our model inventories.
• Support reviews of model documentation, including model policies / procedures, model inputs, assumptions, model logic / calculations, model outputs, and model performance related metrics / thresholds, etc
• Support reviews in model related data inputs / outputs
• Assist with data testing, including completeness checks, threshold validation, and model logic testing.
• Help prepare validation reports, annual model review reports and supporting documentation.
• Monitor changes in model risk related regulations and internal model risk policies / procedures / manual.
• Maintain organized tracking of validation findings, issues, and remediations.
• Work closely with senior validators, model developers, and other stakeholders to support model validation activities.
• Help and support model ongoing monitoring, annual review and other independent model review tasks.

Knowledge, Skills, and Abilities :

Skill in :

Ability to :

Educational / Previous Experience Requirements :

General Experience - 13 months to 3 years

Certifications

Travel Less than 25%

Workstyle Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to : Grow professionally and inspire others to do the same Work with and through others to achieve desired outcomes Make prompt, pragmatic choices and act with the client in mind Take ownership and hold themselves and others accountable for delivering results that matter Contribute to the continuous evolution of the firm

At Raymond James as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.