Quantitative Model Risk Officer

🕒 June 23

☕ Washington – Remote

☕ Washington – Remote

💵 $117.2k - $154.5k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🎲 Risk

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Banner Bank

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1890

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Banner Bank is a financial institution that offers a wide range of banking and financial services to both individuals and businesses. It provides solutions such as personal and business checking and savings accounts, credit cards, personal and home loans, and investment services. Banner Bank also offers specialized services such as online and mobile banking, fraud prevention, and wealth management. Known for its focus on customer trust and satisfaction, Banner Bank has received several accolades including recognition by Newsweek and Forbes as one of the best regional and trustworthy banks. It operates in multiple states including Washington, Oregon, Idaho, and California, and is a preferred SBA lender in many communities.

📋 Description

• Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance • Design and implement model test plans, including reusable code and analytical tools to support future validations • Partner with business units to monitor ongoing model performance and ensure alignment with expectations • Collaborate with stakeholders to support adherence to model development and implementation standards • Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank • Prepare clear, thorough validation reports and presentations for senior leadership • Maintain detailed documentation and track progress on model risk initiatives • Stay current on industry trends, regulatory expectations, and emerging practices in model risk management

🎯 Requirements

• You have a Master’s degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline (Required). • An equivalent combination of education and experience can be considered in lieu of a degree. • You have 6 or more years of bank credit experience in model risk management, model development, or quantitative finance (Required)

🏖️ Benefits

• Targeted starting salary range (based on experience): $117,249 - 154,493 • Annual incentive potential • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life • Paid vacation time, sick time and 11 company paid holidays • 401k (with up to 4% match) • Tuition reimbursement