JD - Manager - Model Risk (BK)

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Title: Manager - Model Risk (BK)

Role Summary/Purpose:

Support model validation initiatives related to quantitative analytic modeling with the Synchrony
Model Risk Management team.

Essential Functions / Responsibilities:

• Validate the accuracy and performance of statistical and other types of models to identify
issues requiring further investigation, including those developed using machine learning
techniques.
• Perform in-depth analysis on large data sets and assist in the review and maintenance of
relevant model and model validation documentation.
• Assisting and mentoring model validation team members to achieve stake holder’s
requirements
• Liaise with the retail finance business teams to uncover and highlight risk associated with
models.
• Prepare reports for senior management and retail finance business teams and facilitate
discussions on key analytics.
• Perform other duties and/or special projects as assigned
• Explore new emerging analytical tools and technologies and train the team members in
the same.

Qualifications / Requirements:

• Bachelor’s or Master’s degree in Statistics, Mathematics, Economics or related


quantitative field is required
• Minimum 4+ years of experience in statistical modeling preferably in risk analytics model
validations position
• Minimum 4+ years of experience in statistical tools like SAS, Python, R, Advanced Excel
Macros.
• Minimum 1+ years of experience in handling analytical team preferably in risk analytics in
model validations.
• Strong experience in mentoring and training team members.
Desired Qualifications:

• 4+ years of experience with statistical tools like SAS, Python, R, Advanced Excel Macros.
• 3+ years of experience in handling large data sets for statistical analysis / modeling and
handling large amounts of data and analyzing for trends.
• 2+ Years of strong experience in model validations.
• Sound knowledge on the application of regulatory requirements for Model Risk (e.g. SR 11-
7/OCC 2011-12)
• 2 years of experience in development or testing in Pig, Spark, Python, or similar
applications.
• In-depth theoretical understanding and utilizing modeling techniques supporting one (or
more) of the following: Big Data Analytics, Machine Learning, and / or Decision Models
• (Behavior, Credit, Fraud, etc.)

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