Risk Analyst Program Manager

Summary

Join Pathward, a hybrid, remote-office financial empowerment company, as a Risk Analyst Program Manager. You will manage model validation, work with various teams to ensure model compliance, and review model development documentation. Responsibilities include writing validation reports, reviewing monitoring reports, evaluating model risk ratings, and leading validation meetings. This role requires a Bachelor's or equivalent degree in a quantitative field, a Master's degree, 10+ years of banking experience, and 8+ years of Model Risk Management experience. The position offers a competitive salary, annual performance-based incentives, and a comprehensive benefits package.

Requirements

• Bachelor's degree or equivalent education and work experience in quantitative fields such as Math, Statistics, or Economics
• Master's degree
• 10+ years of banking or similar experience
• 8+ years Model Risk Management experience
• Prior experience in dealing with regulatory agencies and/or internal and external audit entities
• Attention to detail
• The ability to manage multiple, competing priorities
• Strong written and verbal communication skills

Responsibilities

• Manage validation performed on models including, but not limited to, Underwriting, BSA/AML, and IRR models
• Work closely with Accounting/Finance and Portfolio Analytics to ensure ALLL models are CECL standard ready and adequately assessing the reserve need given the risk inherent in the loan portfolios
• Review model development documentation and supporting artifacts to ensure alignment with MRM submission standards. Communicate acceptance/rejection of submission, with reasoning, to the model developer and owner
• Ensure model monitoring is performed on each model monthly and that performance is appropriately assessed by model developer
• Write validation reports compliant with MRM procedures and documentation standards and conduct model validation testing
• Review ongoing monitoring reports and/or plans. Review findings from model validations and ensure they are appropriately remediated
• Evaluate Model Risk ratings and make recommendations as needed
• Lead model validation meetings and communicate the final validation outcomes to model owners
• Other duties assigned

Preferred Qualifications

Risk management certifications are a plus

Benefits

• Health insurance
• 401(k) retirement benefits
• Life insurance
• Disability benefits
• Paid time off