Advanced model review specialist

- Conduct independent model validation activities for both in-house and vendor models deemed high risk. - Utilize advanced technical methods to create and implement validation testing frameworks. - Replicate model development processes and potentially create challenger models through various modeling techniques such as machine learning, deep learning, and simulation. - Develop and execute plans for model testing and data quality assessments across diverse datasets, including large and unstructured data. - Thoroughly review the full model lifecycle, from development and implementation to ongoing monitoring and application in Banking and Insurance contexts. - Assess inherent risk ratings of models, manage model declassification applications, and validate significant model changes. - Supervise and guide the model validation efforts of colleagues. - Deliver validation reports and relevant validation work to management, model partners, and senior leadership. - Ensure that the model validation processes align with risk and compliance policies and practices. - Evaluate model risk management strengths throughout model development and utilization. - Stay updated on emerging modeling techniques and methodologies.