- Cincinnati, Ohio, United States
- $98K–$116K per year
- 5+ years
The Quantitative Model Validation Analyst role resides within the Bank’s Risk Management and Compliance organization and supports the Model Risk Management program.
Compensation
Pay Range: $98,175.00 - $115,500.00
Responsibilities
- Provide independent validation of macroeconomic forecasting models used in regulatory and business planning processes
- Challenge model assumptions, theoretical foundations, estimation techniques, variable selection, forecasting performance, scenario design, sensitivity analyses, and outcome reasonableness
- Assess model risks, limitations, uncertainties, and potential sources of forecast error
- Document validation procedures, findings, and conclusions in comprehensive validation reports
- Present results to model owners, developers, governance committees, and executive management
Requirements
- Bachelor’s degree in a quantitative field
- MA/MS in a quantitative field
- PhD in a quantitative field
- Nice to have: economics
- Nice to have: finance