Model Validation Consultant/ Financial Model Development

Adecco is currently looking fora Model Validation Consultant/ Financial Model Development in Plano, TX.

#SAS #financialmodeldevelopment #financialmodeldevelopmentconsultant #SQL #modelvalidation #quantitativeanalysis #CECL #IFRS9 #CCAR

**Must be eligible to work for any employer in the U.S. without sponsorship / no corp to corp or 3rd party contracting arrangement / Adecco W2 only.

Job Title:
Location: Plano, TX
Contract Duration: 12+ months
Pay Rate: $55 per hour / Adecco W2

Job Description:

The Customer Analytics, Capital and Modeling Department is looking for a highly motivated and qualified Model Validation Consultant to support its objectives. The primary responsibility of this role is to support the model validation team to mitigate the model risks under the model governance for the entire company. The team is responsible to discover and diagnose modeling related risks including input data, assumption, concept, methodology, process and implementation. The team is also responsible to opine on the model strength and weakness and recommend practical solutions.

Key Responsibilities:

Support the model validation team to mitigate the model risks
Discovers and diagnoses modeling related risks including input data, assumption, concept, methodology, process and implementation
Provides subject matter expertise on models’ strength and weakness and recommend practical solutions
Validates models assigned by model governance committee
Discusses validation results with model owners and governance team to gain consensus and create strategies to implement changes if needed
Utilizes express mode validation for new model development, facing legal and compliance related modeling issues, quick model fixes, etc.
Review model documents, and conduct test runs on model codes
Provide different view on methodology and calculations, and provide feedback to model developers
Work on model validation reports with hiring manager and provide ad hoc support to him


Requirements:

Must Have:

Advanced Degree. Specify: Master’s Degree in Statistics, Econometrics, Finance, Operations Research, or equivalent. PhD is preferred
5+ years of financial model development or model validation experience
3+ years of work experience in using SAS and SQL
Quantitative analysis skills
Work experience in Financial Industry
Model development or validation experience in PD, LGD, Prepayment and Cash Flow models


Preferred/ Nice-to-haves:

Working experience in CECL or IFRS 9
Working experience in CCAR
Working experience in using R


How to Apply: Click on “Apply Now” or email your resume to viorelia.catan@adeccona.com to be considered for this position or any other opportunities with Adecco.

IMPORTANT: This position 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 now” button to submit your resume. If you have questions about the position, you may contact the recruiter recruiting for this position listed above. For other opportunities, available at Adecco go to www.adeccousa.com.


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), and Insurance Benefit Plans.

Equal Opportunity Employer Minorities/Women/Veterans/Disabled



  • Apply with Adecco

Reference number US_EN_2_022862_410456