We are looking for a Model Risk Management Analyst to join our BI/Data Analytics team at TAB Bank in Ogden, UT. The primary function of this role will be to support the Bank's strategic partner program by conducting reviews of the statistical/machine learning models used in underwriting and the overall model risk associated with each partnership. The individual in this role will be a leader in managing the policies, standards, and procedures governing model development and model risk management. By implementing sound model risk management practices and validating internal and external models, the analyst will keep an eye towards risk to ensure models follow set standards and do not expose the bank to undue risk. As time allows, a secondary function of this role will include working with BI analysts on data exploration and analysis.
The role will report directly to the Business Intelligence Manager. We are looking for someone who enjoys working with good people, building relationships, and leveraging those relationships to make a meaningful positive impact on TAB Bank. The ideal candidate will be detail oriented, principled, resourceful, inquisitive, a learner, a problem solver and driven by outcomes versus outputs. We need an individual who is seeking professional growth and development and is anxious to take on additional responsibility over time.
Essential Duties and Responsibilities:- Lead the management of the policies, standards, and procedures governing model development and model risk management.
- Manage the Strategic Partner Model Inventory, including risk and criticality grading.
- Evaluate Strategic Partner models for conceptual soundness.
- Complete ongoing monitoring and review outcomes for Strategic Partner models.
- Provide effective challenge to model development and monitoring practices to enact change when necessary.
- Work with internal and external auditors when they review Model Risk Management at TAB.
- Performing credit and model risk due diligence on potential new partners
- Ability to take the lead to identify potential issues and opportunities for improvement and work with multiple employees on different teams to implement solutions.
- Participating or leading various projects to improve processes or better manage risk for the Bank.
- Other duties as assigned.
Required education and experience:- Bachelor's degree in a technical discipline
- Strong understanding of regression and classification models with the ability to interrogate model design, methodology, and validation
- Familiarity with machine learning models
- Ability to build and manage analytical and statistical models
Preferred education and experience:- Graduate degree or 1-2 years of experience in a technical discipline.
- Ability to program and conduct analysis using SQL, R, Python, SAS or similar applications
- Familiarity with relational databases.
- Experience with data visualization tools such as Tableau, Power BI, etc.
Competencies:- Ability to read and write SQL queries and experience with Python.
- Demonstrated ability for critical thinking and problem-solving.
- Demonstrated ability in communicating effectively, both verbally and written
- Strong Microsoft application knowledge (Excel, Word, Outlook)
- Strong time management and organizational skills for managing multiple initiatives and relationships with Strategic Partners simultaneously.
- Excellent collaborator and team player. Capable of building meaningful professional relationships with a diverse group including executives, managers, and subject matter experts.
TAB Bank Offers:- Onsite Gym
- Tuition Reimbursement
- Paid Holidays
- Gym Reimbursement
- College Scholarships for Employees and Families
- 401(k)
- Paid Time Off (PTO)
- Employee Assistance Program (EAP)
- I Made the Grade
- Holiday Club Program
- Medical, Dental, Vision, Life and AD&D, Voluntary Disability, Flex Spending & Dependent Care
TAB Bank will not sponsor applicants for work visas.