Corporate Model Risk Analyst II - Credit

Summary

Under the supervision of the Model Risk Manager, the Model Risk Analyst II - Credit will use quantitative expertise, critical thinking, problem solving, and analytical skills in the bank's Model Risk Management (MRM) program to ensure compliance with model risk governance policy and regulatory expectations. Will be responsible for reviewing, documenting, validating, and challenging models and non-models across the organization with a primary focus on Credit. Will comprehend and execute on advanced mathematical modeling techniques and communicate effectively at all levels. Will also participate in MRM governance, including policy and procedures, committee reporting, and findings tracking. Will ensure compliance with the institution's stress testing policy and provide effective challenge to credit and enterprise wide stress testing results performed by the first line of business. A successful candidate will have strong analytical/mathematical skills and display an interest in all areas of risk management, but have a particular passion for credit risk, stress testing, Current Expected Credit Loss (CECL), and forecasting.

This is a Corporate position which may be located at an available bank division location across our eight-state footprint in AZ, CO, ID, MT, NV, UT, WA, or WY. The mid-rate for this position is $79,730.20 + / per year. (calculated for Kalispell, MT).

All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.

Duties and Responsibilities

• Provides effective challenge and second line of defense oversight over various business lines to ensure proper risk mitigation of activities under taken by the first line of defense.
• Engage model developers (internal and external) to understand and challenge model functionality, use case, and reliability. This will include ensuring the model is adequately documented with input data quality testing, outcomes analysis, back testing, and a plan for model performance monitoring.
• In conjunction with the Model Risk Manager, designs and executes model validations and reviews according to guidelines based on SR 11-7 and FDIC-22-2017 to include an assessment of model usage, documentation, conceptual soundness, data integrity, control environment, and the software environment. Development of an independent challenger model is often an integral part of the validation process. Presents results and deliverables through formal reports and verbal presentations to model owners and senior management.
• Collaborates with Credit Department to ensure all models are identified, model documentation is current and complete, model changes are logged, and 1st line of defense monitoring controls are sufficient. Prepares remediation plans and monitors the actions taken by model owners.
• Enhances the stress testing program framework including appropriate governance standards, policies, procedures, inventories, findings, and remediation expectations. Challenge scenarios and assumptions within stress testing models.
• Assists in the creation and maintenance of the policies, standards, guidelines, and procedures required to implement the Bank's Model Risk Management Framework that covers model and computational tool identification and classification, model development and testing, model documentation, model validation, and model performance monitoring.
• Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date.

COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance, a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a 401(k) retirement savings plan, discounts on banking products and services, Paid Time Off (PTO) and holidays. Visit our website for more details!

COMPANY OVERVIEW: We are a family of banks whose unique local presence reflects the communities we serve. We welcome the opportunity to grow and change as our customers and communities do the same. Read our story, learn about our banks, and experience life at Glacier Bancorp, Inc. all from our website. Check it out!

We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state or local laws.

Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

No Recruiters or unsolicited agency referrals please.