Model Validation Expert

American AgCredit offers a unique opportunity to be a part of a national financial system supporting those who feed, clothe and fuel the world. We are a growing organization embracing collaboration and innovation while delivering transformative solutions. American AgCredit provides a cultivating environment where you truly make a difference for our customers and teams.

Requirements

• Advanced degree in quantitative discipline.
• A minimum of 10 years of experience within a complex and highly regulated financial institution spanning both of the following areas: quantitative model development and quantitative model validation.
• Expertise with managing model validation projects, including creating the validation scope, maintaining productive relationships with model owners and contacts, identifying clear root causes of model deficiencies and creating findings with concrete action plans, and delivering validation reports that satisfy regulatory expectations.
• At least 5 years of experience with validating assumptions, qualitative inputs, and financial forecasting models as used in regulatory stress testing and CECL.
• Strong data analysis and programming expertise using R or python, especially for the replication of champion models, performance of sensitivity analysis, and development of challenger models.
• Experience with Generative AI validation is a significant plus.
• PhD degree and/or FRM or CFA designation preferred.
• Thorough understanding of regulatory requirements and supervisory expectations [SR 11-7, OCC 2011-12, FCA EM 31.1-2] along with a comprehensive understanding of the model lifecycle.
• Profound quantitative expertise with the ability to discern the main drivers of risk within highly complex data and modeling flows and their impact on the organization, especially as it relates to CECL.
• Excellent analytical, organizational and project management skills with high attention to detail and the ability to manage multiple tasks under tight deadlines.
• Must have the ability to perform basic office tasks and work in a typical office setting. Employee will be sitting for extended periods of time and accomplishing work at a desk and work at a computer for an extended period.
• Must have strong written and verbal communication skills to adequately convey ideas and work well with a team.
• Some lifting and moving of items up to 25 pounds required.
• Work during established business hours and may require occasional weekend and/or evening work.
• Position requires the ability to travel, on a limited basis.

Benefits

• Commitment to agriculture and the communities we serve
• Family friendly work environment
• Investment in employee development
• Medical, Dental and Vision coverage
• Outstanding 401k – automatic 3% employer contribution, plus match up to 6%
• Generous Paid Time Off (Vacation accrued at 26 days annually, Sick Days accrued at 15 days annually, 12 paid holidays, plus 16 hours of volunteer time)
• Competitive Incentive Compensation Plan
• Disability & Life Insurance
• Employee mental, physical, and financial wellness programs