Jobs
>
Cleveland

    Sr. Model Risk Validation Director - Cleveland, United States - KeyBank NA

    Default job background
    Description

    Location:
    127 Public Square - Cleveland, Ohio 44114

    Sr. Model Risk Validation Director
    The Model Validation Sr.

    Director is responsible for leading a team of quantitative individuals in the execution of model validation activities aligned with internal and external standards to ensure models across Key are conceptually sound relative to their intended use and performing appropriately.

    The Sr. Model Validation Director also helps disseminate model risk best practices by influencing stakeholders to comply with the program. The Sr. Model Validation Sr.

    Director reports to the Chief Model Risk Officer, who reports to the Chief Risk Officer within Risk Management at KeyBank.

    Principal Accountabilities


    Lead validation staff focused on understanding and challenging the conceptual framework and assumptions of models, perform independent testing, identify model limitations, and identify model problems that need to be remediated.

    Lead robust and comprehensive model validation testing in line with internal standards and regulatory expectations.

    Includes written model documentation, holding discussions with model developers, partnering with LOB users and other areas of Risk Management, and collecting data, assumptions, and code that are used in the models.


    Supervise the creation of detailed reports stating conclusions of the model validation and present findings and recommendations to senior leaders.

    Work with model owners to see that model deficits are remediated in a timely manner.

    Contribute to the improvement of validation processes by identifying opportunities for process standardization and developing a framework for automation.

    Participate in various bank risk committees where models and their use, assumptions, and output are discussed.

    Contribute to expanding the level of influence of Model Risk by partnering effectively across silos.

    Resolution mindset

    Minimum Requirements

    Graduate Degree in Mathematics, Statistics, Computational Finance, Economics, Engineering, or related field. Ph.
    D. is preferred or Master's degree with extensive experience.

    Experience in model risk management and the application of SR 11-7. A minimum of 10 years modeling/validation experience, with some of the years in a supervisory role.

    5+ years experience in Model Validation in banking.

    Prior experience with a wide variety of models used by banks.

    Knowledge of machine learning methodologies.

    Experience with Cloud providers (GCP, AWS, etc.).

    Working knowledge of Python, R, etc.

    Strong interpersonal and communication skills.

    Must be able to explain technical concepts and analysis implications clearly to a wide and senior audience, including regulatory bodies and external auditors.

    Flexible and able to manage through uncertainty, open to new ideas.

    Ability to attract, retain, inspire, and grow leaders of diverse backgrounds.


    Demonstrated project management skills and the ability to work on multiple projects on a concurrent basis and be able to meet deadlines.

    Job Posting Expiration Date: 03/19/2024

    KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture.

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

    Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing .

    KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture.

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, nati

    #J-18808-Ljbffr


  • Ameriprise Financial Shaker Heights, United States

    Ameriprise Financial · Director of Actuarial Model Validation · Minneapolis , · Minnesota · Apply Now · "Ameriprise Financial has an exciting opportunity for Director of Actuarial Model Validation to join the team This position will be responsible for leading and implementin ...


  • Insight Global Cleveland, United States

    Must Haves: · Bachelor's degree in Computer Science related field · 12+ years of professional IT experience, 8+ years of experience leading direct reports · 6+ years of EDI mapping and support experience · Experience guiding the development of new EDI system processes and inter ...


  • Waldorf College Forest City, United States

    Waldorf University , located in Forest City Iowa, has an immediate full-time opening for the position of Director of Admissions/Freshman Recruitment . In collaboration with the Vice President of Enrollment (VPEM) this position will plan and facilitate recruitment efforts for the ...

  • Staffing Solutions Enterprises

    Design Engineer

    4 days ago


    Staffing Solutions Enterprises Cleveland, United States

    Design Engineer · Job Summary: · We are looking for an experienced Design Engineer who will be responsible for providing engineering and technical expertise for new and existing projects, process development and improvement/troubleshooting. Design / Project Engineer works as a l ...

  • Tennova Healthcare

    Phlebotomist - PRN

    2 days ago


    Tennova Healthcare Cleveland, United States Part time

    Job Description · POSITION PURPOSE · Under the oversight of the Administrative laboratory Director and Laboratory Medical Director, and the Direct supervision of the Phlebotomy Supervisor and during the off shifts/weekends, the Charge Techs of the Laboratory department the Phle ...

  • Harmer

    Director of Finance

    4 days ago


    Harmer Cleveland, United States

    Our Private Equity client is in search of a Director of Finance & Investment. This boutique firm is looking for someone who is very roll up their sleeves and is comfortable with project based work with a lot of variability and does offer tremendous exposure. This role supports th ...


  • QFR Solutions Cleveland, United States

    Responsibilities: · Promote and sell Aesthetic products to customers to achieve territory objectives. · Develop and maintain productive and effective relationships with key accounts within the territory. · Execute territory coverage for maximum impact on sales. · Perform effectiv ...


  • Sodexo Cleveland, United States

    Unit Description · Precise. Reliable. Powerful. Join a team as innovative as the technology we manage. · Sodexo's Healthcare Technology Management is seeking a Field Service Sterilizer Biomedical Equipment Specialist to work with highly recognized medical facilities. This is ...


  • Black Fork Strategies Cleveland, United States

    Black Fork Strategies · Black Fork Strategies is an Ohio-based engagement firm that focuses on all aspects of community and electoral field work: voter engagement and registration, petition collection, canvass programs, and door-to-door campaign work. At Black Fork Strategies, w ...


  • USCRI Cleveland, United States Full time

    OVERVIEW · USCRI Cleveland has been awarded a grant from the Office of Refugee Resettlement to form new- and enhance existing relationships with partnering employers. This partnership will include technical assistance to employers whom provide eligible clients advanced employment ...


  • Birthing Beautiful Communities Cleveland, United States

    Childbirth Educator and Curriculum Manager · Classification: Exempt · Salary Grade/Level/Family/Range: $50,000 - $65,000 based on experience · Reports to: Director and Chief Executive Officer · Overview: · The Childbirth Educator and Curriculum Manager is an advocate for families ...


  • Salem Media Group Cleveland, United States

    Overview · Salem Media Group iscurrently looking for part-time help with our on-site promotional events. · Event Assistants should have outgoing, friendly and engaging personalities - as they will be interacting with our listeners and the general public. An eye for detail and t ...


  • Cleveland State University Cleveland, United States Full time

    Posting Details · Posting Details Business Title Manager, Nursing Resource Lab Posting Category Administrative and Professional Salary Grade 06 Salary Plan Professional Non Bargaining Hiring Range /Pay Rate Department School of Nursing Department Description Position Location Ma ...


  • Waldorf College Forest City, United States

    The Waldorf University Athletics Department is seeking a Men's and Women's Assistant Track Coach with a focus on Sprints . This is a 10-month full-time position with appointment beginning August 1st, 2024. The ideal candidate will have a commitment to the mission of Waldorf Uni ...

  • Cleveland Metropolitan School District

    Furniture Crew

    3 weeks ago


    Cleveland Metropolitan School District Cleveland, United States Full time

    THE OPPORTUNITY: · Under the direct supervision of the Distribution & Logistics Manager, this individual performs all duties and responsibilities associated with making deliveries to District facilities including taking inventory and ensuring the safety and maintenance of the veh ...


  • Kedrion Biopharma - USA Cleveland, United States

    KedPlasma is seeking a dedicated Center Medical Director to join our team, focusing on ensuring the highest standards of donor safety and welfare. This pivotal role involves comprehensive oversight of donor assessments through a detailed history and physical examinations, informe ...


  • Medtronic Cleveland, United States

    Bring your talents to a leader in medical technology and healthcare solutions. Rooted in our long history of mission-driven innovation, our medical technologies open doors. We support your growth with the training, mentorship, and guidance you need to own your future success. Joi ...


  • The Garland Company, Inc. Cleveland, United States

    GENERAL SUMMARY OF POSITION: · The Human Resource Generalist is responsible for performing HR-related duties on a professional level and works closely with management in supporting their business goals. This position carries out responsibilities in the following functional areas: ...


  • Ethan Crossing of Cleveland Cleveland, United States Part time

    RN Nurse Supervisor, Substance User Disorder (SUD) Treatment Center · New Vista Health and Wellness is currenly recruiting a Registered Nurse for a RN Supervisor position at Ethan Crossing of Cleveland, a premier substance use disorder treatment center. · This is a Part time, Nig ...


  • Ethan Crossing of Cleveland Cleveland, United States Full time

    New Vista is currently recruiting for a Family Nurse Practitioner at Ethan Crossing of Cleveland. · WHO WE ARE · The New Vista mission: Inspiring Hope, Restoring Peace of Mind, Healing Lives. At New Vista, our passionate and highly trained team of professionals inspires hope and ...