Quantitative Model Risk Analyst

US-TX-Richardson Operations Center
ID
2017-3194
2350 Lakeside Blvd
Category
Compliance & Regulatory

Overview

At Texas Capital Bank, we are driven by a single-minded and unwavering mission: to serve business and the individuals who run them. We use a consultative approach and innovative technologies to develop new ideas that give the bank and our clients a competitive advantage. We partner with our customers to push the boundaries of what’s possible—together.

 

Headquartered in Dallas, Texas Capital Bank has offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, and we serve clients in a variety of industries from coast-to-coast.

 

We are on the Forbes Best Banks in America list, and were named a top place to work by The Dallas Morning News, Houston Chronicle and San Antonio Express-News. For further information, please visit us at www.texascapitalbank.com.

 

This individual will assist in the development, implementation, and analysis of all model documentation and reports, validations of existing models, reviews of new and changed models, and overall model life-cycle monitoring.

Responsibilities

  • Review and assess risks associated with development, testing, use and implementation of models used in decision making
  • Support model validation manager in writing reports and presenting findings to model owners and senior management
  • Follow up with model owners to monitor and resolve findings
  • Perform model reviews to monitor and evaluate changes to models and present recommended actions as a result of the review
  • Determine adherence to bank policy and established standards throughout the modeling process across all Lines of Business
  • Coordinate with team members and management on risk program activities and status 
  • Execute multiple risk program activities simultaneously against established timeframes
  • Engage in interaction with the model owners, the model development teams, and the regulators
  • Assist with education and training on risk program and requirements
  • Prepare appropriate documentation to support risk assessments and testing

Qualifications

 Requirements

  • Bachelor’s degree in Statistics/Applied Mathematics, Econometrics, Finance, Economics or other quantitative discipline
  • Minimum 2 years of working experience, preferrably in a financial institution
  • Exceptional verbal and written communication, collaboration, and time management skills
  • Experience with statistical tools – SAS, Model Builder, and/or SQL skill 
  • Strong Microsoft application knowledge (Excel, Word, Access, PowerPoint and Outlook) and aptitude for grasping and using various bank software applications
  • Strong analytical and problem solving skills 
  • Excellent interpersonal skills and a team player
  • Ability to work independently and coordinate with the work of others
  • Well organized and detail oriented to handle diverse and concurrent assignments
  • Must be able to work at a computer for extended periods of time

Additional Qualifications (One or more is required)

  • Experience in validating and report writing of DFAST/CCAR, ALLL and/or BSA/AML (Consumer Risk Rating) models
  • Understanding of financial theory and models in one or more of the following areas: credit risk, market risk, operational risk, asset & liability management, and economic capital calculation
  • Knowledge of Bank Regulatory (OCC, Federal Reserve, FDIC), Public Accounting/Consulting, and/or Internal Audit experience in the Banking/Financial Services industry 
  • Familiar with applicable regulatory guidance (e.g. OCC 2011-12, Dodd-Frank, et al)
  • Knowledgeable in risk management processes, change management, oversight and governance, consulting, banking or similar in the financial services industry

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