Job Openings Validation Senior Analyst Model Risk -Chicago, IL -Hybrid

About the job Validation Senior Analyst Model Risk -Chicago, IL -Hybrid

Validation Senior Analyst Model Risk -Chicago, IL -Hybrid

FinTrust Connect Chicago IL Hybrid

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Join our Talent Community for Chicago based opportunities across banks and broker dealers. On site access supports committee sessions and closure testing. Market postings in Chicago highlight senior analyst scope with full coverage of conceptual soundness and benchmarking and implementation checks. 

As a Validation Senior Analyst you will lead testing across market and credit and treasury and AML models, produce clear issues and action plans, and support monitoring setup for production.

Requirements

  • 4 to 7 years in model validation or quantitative audit

  • Proven work on backtesting and benchmarking and implementation and performance monitoring

  • Python or R and SQL and comfort with version control and notebooks

  • Strong report writing for risk and audit stakeholders

Responsibilities

  • Execute full scope validations with reproducible scripts

  • Benchmark models with challengers and independent data

  • Draft findings with severity and dates and ownership

  • Build monitoring KPIs and drift and stability checks

  • Prepare exam evidence and respond to RFIs

Outcomes we track

  • First pass acceptance 95%

  • Documentation completeness 100%

  • Repeat findings down 30% in 2 quarters

Compensation and terms

  • Consultant pay $70 to $150 per hour

  • Contract Hybrid Chicago IL or Remote US W2 or 1099

How to apply

Keywords
Model Validation, Market Risk, Credit Risk, SR 11 7, Backtesting, Benchmarking, Python, R, SQL, Workpapers, Chicago, Governance, Committee, RFIs


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