Quantitative Model Risk Officer (Remote WA, OR, ID & CA)

About the role

Join a collaborative team dedicated to strengthening safe and sound banking practices through effective model risk management. In this role, you’ll play a critical part in validating and monitoring complex models that inform key business decisions.

Responsibilities

• Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance
• Design and implement model test plans, including reusable code and analytical tools to support future validations
• Partner with business units to monitor ongoing model performance and ensure alignment with expectations
• Collaborate with stakeholders to support adherence to model development and implementation standards
• Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank
• Prepare clear, thorough validation reports and presentations for senior leadership
• Maintain detailed documentation and track progress on model risk initiatives
• Stay current on industry trends, regulatory expectations, and emerging practices in model risk management

Requirements

• You have a Master’s degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline
• An equivalent combination of education and experience can be considered in lieu of a degree
• You have 6 or more years of bank credit experience in model risk management, model development, or quantitative finance

Qualifications

• You apply advanced statistical and quantitative techniques to assess model assumptions, design, and performance
• You bring hands-on experience with validation techniques such as back-testing, sensitivity analysis, stress testing, and benchmarking
• You understand model risk management frameworks, regulatory guidance, and lifecycle governance standards
• You communicate complex technical concepts clearly and effectively to both technical and non-technical audiences
• You take initiative and consistently deliver accurate, high-quality work both independently and collaboratively
• You are proficient in analytical tools such as Excel, R, SAS, and SQL
• You identify model weaknesses and produce documentation that stands up to regulatory and audit review

Skills

• Advanced statistical and quantitative techniques
• Validation techniques such as back-testing, sensitivity analysis, stress testing, and benchmarking
• Model risk management frameworks, regulatory guidance, and lifecycle governance standards
• Clear communication skills
• Proficiency in analytical tools such as Excel, R, SAS, and SQL
• Identification of model weaknesses

Benefits

• Targeted starting salary range (based on experience): $117,249 - 154,493
• Annual incentive potential
• Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
• Paid vacation time, sick time and 11 company paid holidays
• 401k (with up to 4% match)
• Tuition reimbursement

Pay

• Targeted starting salary range (based on experience): $117,249 - 154,493

Schedule

• Our schedule is flexible to accommodate your needs.