Regions Bank Risk Quantitative Model Validation Manager I in Birmingham, Alabama
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At Regions, the Risk Quantitative Model Validation Manager will be responsible for developing quantitative/analytic models and applications in support of Regions risk management efforts.
Manages the validation and control process for all models in one or more model families, e.g., credit, market, stress testing etc.
Determines model's conceptual soundness, appropriateness and validity
Translates advanced mathematical theories and their applications along with findings to management
Assesses and helps mitigate the risk of complex models used in all lines of business
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.
Bachelors degree in Economics, Engineering, Finance, Statistics or a related field and five years related experience
Or Masters degree in Economics, Engineering, Finance, Statistics or a related field with three years experience
Skills and Competencies
Matlab, Mathcad, SAS, C++/C#, Excel/VBA, QRM, Algorithmics or Moody's Credit Manager
Ability to work on diverse set of high priority projects
Exceptional Communication skills
Ph.D in Economics, Engineering, Finance, Statistics or a related field
Chartered Financial Analyst (CFA)
Financial Risk Manager (FRM)
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.