Risk Analyst

Mars Technominds is seeking Model Risk Analyst for a 6+ Month Contract position with a client located in Lake Mary, FL/ Pittsburgh, PA Hybrid,.

Job Description: This position will oversee and manage the Compliance Engineering’s Model Risk Management (MRM) model documentsAssist model developers, owners, users, Senior Management, and other stakeholders to implement and comply with the MRM policy and procedures, including those related to the development, implementation, use, validation, monitoring, and maintenance of models used throughout the bankHelp with and timely annual reviews and ongoing monitoringMaintain the model inventory, including the model risk classification, development, testing, analysis, validation, use, performance monitoring, and issue and change management artifactsEnsure accuracy, completeness, and timeliness of information in the model risk management system of recordReview and approve model risk classifications, model documentation, model use and restrictions, model annual review reports, performance monitoring indicators, model issues and action plansManage the annual certification process to ensure the model inventory is complete and accurateParticipate in the Model Risk Management meeting and ensure model risk expectations are metAssist with the reporting and communicating the status of the Model Risk Management program to the Enterprise Risk Management Committee (ERMC) including model issues and action plans, significant or emerging model risks or concerns, and the overall level and direction of individual and aggregate model riskStay up to date on regulatory expectations and standard industry practices related to model risk managementActively support the Enterprise Risk Management function of risk oversight and business partner collaboration in other projects as needed

RegardsSeema Kousarseema@marstechnominds.com773-382-8498