Principal Model Validation Specialist

- Execute independent model validation protocols for high-risk internal and external models. - Utilize specialized technical methods to create and implement validation testing strategies. - Replicate model development processes and potentially create challenger models using advanced modeling techniques such as predictive modeling and deep learning. - Develop comprehensive testing plans and ensure data quality assessments for models using diverse datasets, including unstructured and large datasets. - Review the complete model lifecycle from development through implementation and ongoing monitoring in Banking and Insurance sectors. - Analyze inherent model risk ratings, classify model declassifications, assess material model changes, and validate model alterations across all types of models. - Oversee and mentor the model validation efforts of team members. - Prepare and present validation reports to management, model partners, leadership, and other stakeholders. - Align model validation processes with risk and compliance frameworks. - Evaluate the effectiveness of model risk controls related to development, deployment, and utilization. - Stay up-to-date with emerging modeling techniques and methods for professional advancement.