Senior Model Validation Analyst

This is a full-time, non-remote position

United Community Bank is hiring for a Senior Model Validation Analyst. This position is responsible for managing and executing independent validation activities associated with both financial and non-financial risk models. This includes validating methods used for measuring and analyzing risk across credit, market, liquidity, compliance, and loss provisioning. This position will also provide the Director of Model Risk Management assistance with guiding a team of validation associates in executing the model risk validation book-of-work.

Why Work for United Community Bank?

At United Community Bank, we believe in combining top-of-the line financial solutions with award-winning satisfaction for our customers and employees. United Community Bank is known for excellent services; it is part of our foundation and is one of our guiding principles. We call ourselves The Bank that SERVICE Built to remind us every day of our brand promise.

Join one of the Southeast’s leading financial institutions, a 2023 American Banker Best Banks to Work For to receive:

• 11 paid holidays
• 1 Holiyay
• 10 paid vacation days
• Up to 7 personal days per year
• Up to 7 sick days per year
• Paid Parental Leave
• 1 day of paid volunteer time
• 401(k) company match of up to 5%
• Competitive Medical, Dental and Vision plans, including domestic partner eligibility
• Employee Assistance Program
• AND MORE!

What will you do as a Senior Model Validation Analyst?

• Conduct internal validations of various types of models, primarily credit risk, valuation, and ALM models 
• Review external model validations to ensure they meet UCBI MRM standards
• Assist in the annual risk assessment of models throughout UCBI
• Execute model annual reviews and escalate performance issues
• Provide direction and training to junior level analysts along with review of validation work
• Provide expert insight into various modeling and model validation issues
• Update UCBI's model inventory, assist in planning the model validation schedule, and tracking of model validation findings
• Assist in evaluating ongoing model performance reports / reviews
• Understand current regulatory guidance and apply the regulations during the course of validation 
• Conduct research and analysis to maintain knowledge of modeling best practices and model validation technique

Required for Success

• Advanced degree in a quantitative field is desired
• 3 years of experience working in and managing associates in a related field, such as model risk management, financial modeling, quantitative analysis, or risk management a plus
• Direct experience in leading validation activities consistent with regulatory guidance on model risk management, including SR 11- 7 and / or OCC Bulletin 2011-12
• Results oriented, dedicated individual with a high level of technical quantitative skills
• Empirical and critical mind-set, and an ability to look at problems in an original way
• Relevant knowledge in order to evaluate key aspects for each model under review, such as model design choices, underlying assumptions and limitations, performance, and model usage 
• Evidence of the above through an academic degree in a quantitative discipline such as mathematics, physics, economics, statistics, quantitative finance, or equivalent work experience 
• Hands-on experience in programming Python or R 
• Robust understanding of risk modeling practices, particularly core credit and market risk management
• Excellent verbal and written communications skills, and the ability to explain complex problems in an approachable way

Conditions of Employment:

• Must be able to pass a criminal background & credit check
• This is a full-time, non-remote position

Reports to

Director of Model Risk Management

Work Environment

Greenville, SC

Other

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

At this time, United Community Bank will not sponsor a new applicant for employment authorization for this position.