Risk Management Officer

Responsibilities

• Model Validation
• Data Validation
• Theoretical Framework and Design Testing
• Assumptions and Limitations Testing
• Model Conceptual Soundness
• Back-testing
• Model Effectiveness Testing
• Sensitivity Analysis
• Benchmarking
• Ongoing Monitoring
• Evaluation of Model Adjustments
• Ongoing Process Management, Enhancement and Updates
• Stakeholder Management
• AI and Risk Management Framework
• Special Ad-Hoc Projects

Requirements

• Master’s degree in Applied Economics, Statistics, Mathematics, Data Science or related field
• 2 years of related work experience
• Experience with financial products and associated risk management
• Experience with quantitative modeling in the financial industry using financial and economic data
• Experience with data handling skills using advanced statistical and numerical methods
• Experience with MS Office applications such as Word, Excel and PowerPoint
• Experience with a changing regulatory environment, such as the OCC2011-12 guidance
• Experience with SAS and Python for statistical modeling and data handling
• Experience with one or more of the following (R, SQL, MATLAB, VBA)

Qualifications

Commensurate with experience.

Skills

Not specified.

Benefits

Not specified.

Pay

$101,949.99

Schedule

Hybrid position with some telecommuting flexibility, but requirement to physically be in Rosemont, IL office three days a week.