SMBC Group

Returning Candidate?

Senior Model Validation Analyst - SMBC Risk Management Department

Senior Model Validation Analyst - SMBC Risk Management Department

Job Locations 
US-NY-New York
Career Category 
Risk Management
Position ID 
Corporate Title 
Posting Date 

More information about this job


SMBC is seeking a Senior Model Validation Analyst with strong quantitative and model risk management knowledge to play an active role in performing governance and independent validation of models including but not limited to credit risk, market risk, liquidity risk, valuation, and stress testing models. The role spans multiple aspects of model validation and model risk governance applicable to the portfolios of SMBC and group companies in the U.S.  



- Develop robust quantitative validation methodology for qualifying models to confirm the conceptual soundness of model theory and implementation 
- Develop and apply model quality assessment and approval criteria to ensure the integrity of model implementation, inputs, outputs, and reporting 
- Develop and maintain documentation, work papers and professional reports of validation results
- Prepare presentation and present findings from validation work to management and stakeholders, including recommendations as appropriate
- Help write model risk management policies and procedures 
- Collaborate with model owners and establish communication rhythm to understand model status and future development



Preferred Previous Work Experience:
- Minimum of 3-6 years of relevant work experience in financial services industry in the quantitative space
- Experience in credit risk modeling or model validation especially those related to commercial and industrial loans
- Strong verbal and written skills with ability to write policies and prepare presentations for senior management

Preferred Education/Licenses/Certifications/Registrations:
- Advanced degree in a quantitative field such as economics, finance, statistics, mathematics, physics, engineering
- Consulting background in the risk/model validation space a plus


Required Skills/Abilities:

- Experience in model validation or model development 
- Experience in developing policy and procedures 
- Experience in prepare presentations for senior management 
- Experience working with large and complex data sets 
- Excellent written and verbal communications skills 
- Strong analytical skills, both qualitative and quantitative 
- Intellectual curiosity; superior problem-solving abilities and attention to detail; and prompt follow-through 
- Knowledge of SR11-7, and regulatory issues 
- Knowledge of credit grading, loss reserve, and/or stress testing models

Other Skills, Abilities and/or Training:
- Credible technical and quantitative analytical skills
- Ability to climb fast learning curves in areas of limited prior experience
- Inventive and straight-forward problem-solving style
- Effective interpersonal skills and influence competencies
- Present complex issues in a clear and concise manner
- Work simultaneously across multiple cross-functional efforts