Regions Bank Risk Quantitative Model Validation Manager I in Birmingham, Alabama

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

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.

Primary Responsibilities

  • 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.

Requirements

  • 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

  • Interpersonal skills

  • Exceptional Communication skills

Preferences

  • Ph.D in Economics, Engineering, Finance, Statistics or a related field

  • Chartered Financial Analyst (CFA)

  • Financial Risk Manager (FRM)

Location:

Birmingham, Alabama

EEO/AA/Minorities/Females/Disabled/Veterans

About Regions

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

  • Reach higher

  • Enjoy life

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.

EEO/AA/Minorities/Females/Disabled/Veterans