[Hiring] Model Risk Manager @Crowe

Role Description

Consulting is a dynamic business focused on solving problems for our clients and serving our core markets through innovative solutions. As technology and AI continue to reshape the consulting landscape, we are looking for individuals who are curious, adaptable, and eager to learn. At Crowe, consultants are expected to build both technical and transferable skills, think critically, and use technology to solve real business problems. In this role, you will continuously learn, collaborate across teams, and explore how tools, including emerging AI capabilities, can improve efficiency, insights, and client outcomes.

As you grow, you’ll also begin to take ownership of client relationships, contribute to account strategy, and support the delivery of high-impact work. Developing a sense of account leadership, including understanding client needs, ensuring delivery excellence, and building trusted partnerships, is part of what sets successful consultants apart.

Success in this role comes from a growth mindset, strong communication skills, advanced critical thinking, and the ability to navigate new challenges with confidence.

About the role

The Model Risk Manager will be responsible for performing and managing consulting projects for a variety of financial services clients. This primarily includes consulting with clients about model risk management practices and providing model validation services, primarily for credit risk, finance, and treasury management models (asset liability management, liquidity, interest rate risk).

Job Duties:

• Supervise, train and review the work of other consultants.
• Manage key aspects of client service projects from planning to completion.
• Become a trusted advisor to client management by providing appropriate recommendations and solutions.
• Support proposal and business development activities by identifying new target clients, building business relationships with key executives, and developing and presenting proposals.
• Understand industry trends and client challenges in order to lead the development of new services and solutions.

Qualifications

• Bachelor’s degree in Finance, Statistics, Financial Engineering, or Economics or equivalent combination of education and experience. Graduate degree a plus.
• 5+ years’ experience of working in financial institutions, Big 4 or equivalent, or regulatory supervisory of financial institutions.
• Working knowledge of:
  • Model risk management regulatory guidance (SR 11-7, OCC 2011-12, FDIC FIL-22-2017).
  • Credit risk model types (e.g., CECL, PD/LGD, Roll Rate, Scorecards, Stress Testing, etc.).
  • Other model types (e.g., Asset Liability Management, Pricing, Mortgage Servicing Rights, etc.).
• Direct experience performing model validations or model development, including concepts such as back testing, stress testing, sensitivity testing, and benchmarking.
• Technical knowledge about data processing, data storage, and data visualization.
• A self-starter who can prioritize multiple tasks, be resourceful and able to research and find solutions.
• Write and present to clients clear and concise reports and presentations containing meaningful recommendations.
• Direct and deliver significant engagements that deliver value to clients through project management, creation of deliverables and knowledge transfer.
• Ability to lead and manage a team.
• Manages engagement to ensure quality and is delivered within budget.
• Engagements are frequently conducted remotely.
• This position may require travel but is not expected to exceed 25%.

Requirements

• Solid analytical background and knowledge of econometrics.
• Knowledge of risk ratings, risk rating/scorecard methodology, model governance, model development, CECL, DFAST, CCAR and capital allocation methodology would be a plus.
• Experience with statistical packages such as SAS, Matlab, Stata, Python, and R.
• Experience with database management, such as SQL.
• Experience with data visualization tools such as Microsoft Power BI, Tableau, QlikView.
• Basic understanding of trends in artificial intelligence and machine learning.
• Professional certification preferred (e.g., RMA CRC, CFA, FRM).

Benefits

• Your exceptional people experience starts here. At Crowe, we know that great people are what makes a great firm. We care about our people and offer employees a comprehensive total rewards package.
• We will nurture your talent in an inclusive culture that values diversity. You will have the chance to meet on a consistent basis with your Career Coach that will guide you in your career goals and aspirations.