Executive Director, Model Risk Management for Financial Crimes, Fair Lending & Compliance Job at Confidential, McLean, VA

dDNaYTZ5Vm5ERDllSUkvVXFybzU4Rm05aEE9PQ==
  • Confidential
  • McLean, VA

Job Description

Executive Director, Model Risk Management for Financial Crimes, Fair Lending & Compliance

About the Company

Successful multinational financial services company

Industry
Financial Services

Type
Public Company

Founded
1852

Employees
10,001+

Categories

  • Financial Services
  • Banking & Mortgages
  • Asset Management
  • Insurance
  • Investment Banking
  • Investment Management
  • Consulting & Professional Services
  • Bachelor's Degree Programs
  • Banking
  • Banking Services
  • Banks and Institutions
  • Business
  • Charlotte
  • Customer Service
  • Desserts
  • Economics
  • Finance
  • Home Page
  • Investing
  • Log in
  • North Carolina
  • Sign in
  • Sign on
  • View Accounts
  • Wellsfargo.com
  • Business Development
  • FinTech
  • Payments

Specialties

  • business banking
  • wholesale banking
  • mortgage
  • consumer finance
  • and commercial finance

Business Classifications

  • B2B
  • B2C

About the Role

The Company is in search of a Quantitative Analytics Director / Model Risk Officer to oversee models in the financial crimes, fair lending, and compliance risk areas. The successful candidate will be responsible for the end-to-end model risk management process, including model validation, performance monitoring, and governance. This role requires the management of a team of experienced model risk professionals and the formulation of structures and processes to enhance model risk management functions. The candidate will also be expected to develop and maintain model risk management frameworks, policies, and procedures, and to advocate for industry best practices in model development and validation. Collaboration with various stakeholders, including model development teams, model users, and regulatory bodies, is a key aspect of the position. Applicants for this role at the company should have a minimum of 8 years' of quantitative analytical experience, with at least 4 years' in a management or leadership capacity. A Master's degree or higher in a quantitative discipline is required, with a preference for candidates holding a Ph.D. in a related field. The ideal candidate will have a strong background in financial crimes, fair lending, and compliance models, as well as in AI and ML methodologies. In-depth knowledge of regulatory requirements and industry standards in model validation and governance is essential. The role demands excellent communication skills, the ability to work in a fast-paced environment, and a proven track record of leading projects and making sound decisions in the best interest of the function and the company.

Hiring Manager Title
Group Model Risk Officer

Travel Percent
10%

Functions

  • Non-Profit Management
  • Finance
Confidential

Job Tags

Similar Jobs

EY

Junior UX Designer H/F Job at EY

 ...communities. And we are united by our shared values and a dedication to delivering exceptional client service. A confirmed junior UX/UI Designer whos eager to craft thoughtful, elegant user experiences and stunning interfaces. Youve already got some real-world... 

UTD NRG LLC

Sales Appointment Scheduler Job at UTD NRG LLC

 ...Job Overview: We are looking for a motivated Solar Sales Appointment Setter to join our dynamic team. This role involves driving sales...  ...remaining focused and energetic. Experience in a retail or sales setting is preferred. UTD NRD LLC is committed to creating a... 

Foundation

Controls Engineer (San Francisco) Job at Foundation

 ...Join to apply for the Controls Engineer role at Foundation Join to apply for the...  ...Collaborates effectively with AI researchers, mechanical engineers, and electrical engineers to...  ...$90,000.00-$130,000.00 1 week ago Internship, Controls Engineer, Manufacturing (Fall... 

DP Professionals

Peoplesoft Developer Job at DP Professionals

 ...DPP is seeking a Peoplesoft Developer for a direct placement opportunity with our client headquartered in Overland Park, Kansas. This role is fully remote. Position summary: Under general direction, the Peoplesoft Developer is responsible for the development... 

CGTN

French Digital Media Editor Job at CGTN

French Digital Media Editor, CGTN Franais,Location: Beijing, ChinaPosition Type: Full TimeContract Length: 12-Month renewable contractIntroductionCGTN Franais is a French-language TV channel from CGTN. It airs 24/7. Our content reaches audiences worldwide via our official...