[Hiring] Model Validation Audit Consultant @Talent Shift

Role Description

• Perform independent audit and review of model validation and model risk management activities.
• Assess the design and effectiveness of controls surrounding model development, implementation, validation, monitoring, and governance.
• Review CECL models, including methodologies supporting credit loss estimates, key assumptions, segmentation, data inputs, and model performance.
• Evaluate market risk models, including methodologies used to measure and monitor trading and market-related exposures.
• Review liquidity risk and treasury models, including liquidity forecasting, stress testing, funding, and balance-sheet risk methodologies.
• Independently assess management’s remediation and closure of regulatory and Internal Audit findings related to model risk.
• Challenge model assumptions, methodologies, limitations, validation conclusions, and supporting documentation.
• Evaluate compliance with the organization’s model risk management framework and applicable regulatory expectations, including Federal Reserve/OCC SR 11-7 model risk management guidance.

Qualifications

• Bachelor’s degree or higher in accounting, finance, or other related fields.
• 7+ years of relevant model validation audit experience.
• Qualified applicants must reside in the continental U.S.
• Must be legally authorized to work in the United States now and in the future. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.

Company Description

Talent Shift, LLC is a marketplace that matches professionals with projects at dynamic companies across the globe, including exciting opportunities in advisory, assurance and tax. Our community is cultivated by a team of dedicated professionals working to help clients navigate hybrid workforce strategies and connect contract workers with projects they love. Talent Shift, LLC is a subsidiary of Forvis Mazars, LLP. Forvis Mazars, LLP is an equal opportunity/affirmative action employer in accordance with applicable law.