Model Risk Analyst


Adecco is currently assisting a local client in their search to fill a Model Risk Analyst job in Plano, TX.  Apply now if you meet the qualifications listed below!


Type:                     Fulltime (40 hours / week) contract

Length:                 6+ months

Pay:                       $68.96/ HR Based on Experience

Shift/Hours:       8A – 5P


Responsibilities for this Model Governance Analyst position include but are not limited to:
The Model Governance Sr. Analyst is part of the Enterprise Risk & Governance team responsible for identifying, assessing and reporting model risk. The Model Governance Sr. Analyst aids with the continuous development of sound model risk management practices and supports the evolution and execution of the Model Governance Program. This position is responsible for helping ensure that all aspects of the model’s lifecycle complies with Model Governance policies and procedures including the periodic validation and monitoring of models. The role will perform independent model risk oversight activities, including model identification, determination, classification, inventory management, validation, review, issue remediation testing, reporting, and related activities.

  • Contribute to the development of a sound Model Risk Management Framework Assist in the ongoing evolution of the Model Risk Management function
  • Manage the evaluation of new models, coordinate the validation of changes to existing models and the retirement of decommissioned models
  • Assess model risk
  • Assist with control design/implementation
  • Enhance and/or maintain guidance documentation to support the governance requirements of Model Risk Management
  • Support quarterly Model Impact Certification process
  • Support model lifecycle management and model validation for various stakeholders across business lines
  • Participate in special projects as needed
  • Model Governance Program/ Model Risk Mitigation Support
  • Assist in the evolution and execution of the Model Governance Program
  • Provide support in the execution of Model Risk Mitigation activities
  • Assist in improving the Model Risk Management program, by implementing best practices, recommending process improvements, and evolving standards/guidelines
  • Manage the database for model/tool inventory, validation findings and remediation plans
  • Work across lines of businesses to assess model risk
  • Demonstrate independence and strong compliance to policy and procedures in model review activities Model Evaluation Design of independent testing to determine model adequacy
  • Monitor existing models for adequate performance
  • Write technical work papers based on risk testing activities
  • Communicate model issues and limitations to Model Governance Consultant and business units with remediation recommendations
  • Perform other validation activities such as annual reviews, issue remediation testing, significant analytical tool exams, significant change reviews and ongoing monitoring assessments, among other activities


Qualifications for this Model Governance Analyst position:

  • Familiarity with Enterprise Risk Management Methodologies
  • Financial Services, banking or automotive industry experience
  • Strong oral and written communication skills
  • Detail oriented  
  • Ability to prioritize, manage time well, and multitask  
  • Ability to work with ambiguous or changing work situations, tasks, assignments  
  • A high degree of organization skills with the ability to work in a deadline driven environment  
  • Experience in advanced analytics and modeling with Data Science Tools such as Python, R, SAS, SQL, etc.  
  • 2-3 years’ experience writing and/or reviewing comprehensive statistical model documentation
  • Technical modeling skills/ exposure are a plus, as the function is more Risk driven in nature


Why work for Adecco?

  • Weekly pay
  • 401(k) Plan
  • Skills Training
  • Excellent medical, dental, and vision benefits


IMPORTANT: This Model Governance Analyst job is being recruited for by Adecco’s National Recruitment Center, not your local Adecco Branch Office. To be considered for this position, you must use the “Apply with Adecco” button to submit your resume.The Adecco Group is a global leader in HR services.  Our group connects over 700,000 associates with our business clients each day through our 6,600 offices in over 70 countries and territories around the world.  We offer employment opportunities at any stage in your professional career.  Contact us today to discuss available contract and direct hire positions.  Adecco Group provides one of the most comprehensive benefits packages in the industry to contract workers to include Holiday, 401(k), Insurance Benefit Plans


Equal Opportunity Employer Minorities/Women/Veterans/Disabled

Adecco will consider qualified applicants with arrest and conviction records for employment

  • Apply with Adecco

Reference number US_EN_99_028082_1204241