Director, Financial Modeling

Activities include:1. Prioritize and direct the work of a team of model developers based on model risks, business needs and regulatory requirements while fostering a continuous improvement culture.2. Direct the work of a team to produce financial projections for stress testing and other risk management exercises. Develop and maintain a robust understanding of the companys businesses and financial results and strong relationships with key LOB Finance and business partners to support understanding and analysis of financial projections.3. Establish and maintain a robust model performance tracking process. Improve model performance tracking reporting, and review and present reports to key stakeholders including Finance and Model Risk Management.4. Establish and maintain strong model development standards and procedures, including processes and controls for data quality, model design, variable selection and model development documentation.5. Coach and mentor team members to foster strong teams and individual staff development.6. Support the company in interactions with regulators and external auditors on matters related to financial modeling.7. Assist in special projects as they arise.
Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.

Qualifications

Skills Required:
• M.S. (Ph.D. preferred) or equivalent advanced degree in economics, statistics, financial mathematics, operations research, engineering or related fields. A combination of business and technical training is preferred.
• a minimum of 10 years of experience in building, testing and implementing complex and sophisticated econometric and statistical models in the financial services industry
• in-depth knowledge and experience with Federal Reserve or OCC regulatory requirements for model risk management
• excellent written and oral communication skills and ability to quickly master complex financial and risk concepts
• in-depth knowledge and understanding of economic and probability theories.
• ability to coordinate efforts across multiple business units and experience interacting with senior management
• proficient in statistical software packages such as SAS, R, E-Views
#LI-MP1 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, status as a veteran, and basis of disability or any other federal, state or local protected class.