CCAR and CECL Model Implementation Director

About the Role

The Implementation Director will oversee model implementation, model execution, and data control activities for models used in the execution of CCAR and CECL processes. This role involves leading an organization responsible for the end-to-end technical implementation of these models and associated processes, with a focus on controls, data accuracy and completeness, and efficient execution based on existing schedules for financial reporting.

Responsibilities

• Lead discussions with business leaders, Model Risk Management, regulators, and external auditors for implementation activities.
• Foster a culture of effective risk management, accountability, and risk awareness across the organization.
• Manage a team responsible for the implementation and execution of a broad suite of CCAR and CECL models, including credit loss (PD, LGD, EAD), payoff rate, asset balance projection models, operations loss forecasts, deposit balance, and NII/NIE line items.
• Perform attribution analyses for model executions, test model assumptions and limitations, and assist in ongoing monitoring of integrated model results.
• Develop and execute controls to ensure accurate model execution.
• Continuously improve existing processes to optimize runtime without compromising accuracy.
• Drive incremental AI adoption for agentic workflows and execution efficiency enhancements.
• Lead data management activities, including identifying key inputs, critical data elements, and documenting data lineage.
• Present CCAR and CECL process results to management committees such as the capital planning committee and the allowance committee.
• Develop and mentor a team of implementation and execution analysts and leads.
• Provide strategic direction during transformation initiatives, including platform changes, migrations, portfolio onboarding, and technology adoption.

Qualifications

• Master’s or PhD in a quantitative field.
• 10+ years of experience working with model risk management, external audit, and regulators within a large bank environment.
• Experience with multiple software environments, including SAS, Python, or R.
• Experience in the development or execution of models for use within CCAR or CECL processes.

Preferred Qualifications

• Clear communication skills (written and verbal) to all levels of management.
• Ability to perform supervisory functions, including hiring, promoting, demoting, terminating, conducting performance appraisals, and coaching staff.

Exempt Status

Yes (not eligible for overtime pay)

Workplace Type

Office (flexible work arrangement eligible: combination of in-office and work from home)

Compensation Range

$125,000–$255,000 annual salary range. Actual compensation varies based on factors including location, experience, and education. Eligible for incentive compensation plan and benefits such as health insurance, wellness program, retirement savings, and paid leave.