Quantitative Model Risk Analyst

Location: Hicksville, NY 11801, United States; full-time onsite role

Salary: $59,312.25–$106,858.00 per year

Company

hirify.global is a financial institution providing banking services and operating under federal, state, and local regulatory requirements.

What you will do

• Perform independent validation of selected models, assessing conceptual soundness, development, monitoring, and outcomes.
• Replicate model code and review development documentation, inputs, processing, outputs, and performance.
• Prepare written model validation reports and recommend improvements to model design, development, back testing, implementation, and recalibration.
• Track remediation progress and resolution of identified model deficiencies.
• Maintain reporting on model deficiencies, remediation status, and other critical risk data.
• Partner with analysts, model owners, business risk teams, and internal and external auditors.

Requirements

• Undergraduate degree in Business, Finance, Risk Analysis, or a related field.
• At least 2 years of experience at a financial institution in risk management or model risk management.
• Experience in an assigned specialty such as credit risk rating models, asset liability management, treasury and liquidity models, or AI models.
• Knowledge of the model lifecycle, preferably in a banking or regulatory environment.
• Proficiency with Microsoft Office, including Word, Excel, and PowerPoint; ability to create charts and graphs in Excel.
• Strong analytical, communication, project management, organizational, prioritization, and problem-solving skills.

Nice to have

• Master's degree or postgraduate equivalent in Business, Finance, Risk Analysis, or a related field.

Culture & Benefits

• Medical, dental, vision, life, and disability insurance.
• Comprehensive leave program.
• Collaboration with stakeholders and management across all lines of business.
• Work includes adherence to regulatory and compliance policies and required compliance training.