Risk Quantitative Model Validation Analyst

Risk Quantitative Model Validation Analyst at Regions Financial Co. Are you a quantitative analyst with experience in financial risk modeling? Do you have a passion for data analysis and a commitment to excellence? We are looking for a Risk Quantitative Model Validation Analyst to join our team at Regions Financial Co.The ideal candidate for this position will have a Bachelor’s degree in a quantitative field such as mathematics, statistics, or economics and 5+ years of experience in financial risk modeling. We need a professional who can ensure the accuracy and compliance of our risk models. This individual must be able to analyze data and provide clear, concise reports to senior leadership.If you have a background in quantitative analysis and experience in the financial services industry, this could be the perfect job for you. We invite you to submit your application and join our team!

Responsibilities:

1. Establish and maintain a risk quantitative model validation process to ensure accuracy and compliance.
2. Analyze existing and potential financial risk models and provide clear, concise reports to senior leadership.
3. Participate in the development of new risk models.
4. Monitor the performance of existing risk models and recommend adjustments as needed.
5. Design and implement stress tests to measure the risk associated with various models.
6. Develop and implement procedures to ensure the accuracy of data used in financial models.
7. Identify areas of improvement and suggest changes to existing models.
8. Collaborate with the Risk Management and other teams to ensure that models meet all regulatory requirements.
9. Stay up-to-date with industry developments and best practices related to financial risk modeling.
10. Provide technical advice and expertise to other departments when needed.

According to JobzMall, the average salary range for a Risk Quantitative Model Validation Analyst in Atlanta, GA, USA is $90,000 to $130,000 per year. Salary levels vary depending on experience, qualifications, and job responsibilities.

Regions Financial Corporation is a bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services.