Model Risk Management Specialist

Your Journey at Crowe Starts Here:

At Crowe, we believe in building meaningful and rewarding careers. Enjoy real flexibility that helps you balance work with your life moments. You will be empowered to deliver results and make a significant impact. We cherish who you are, prioritize your well-being, and support your career growth. Over our 80-year history, innovation has been ingrained in our audit, tax, and consulting services. Join us in shaping the future of our industry!

Job Description:

The Model Risk Management Specialist will oversee consulting projects primarily aimed at enhancing model risk management practices for various financial services clients. Your role will involve providing model validation services focused on credit risk, finance, and treasury management models, including asset liability management, liquidity, and interest rate risk.

• Lead, mentor, and review the work of consultants, ensuring high-quality deliverables.
• Manage all phases of client service projects from planning through execution and delivery.
• Establish trust with clients by offering actionable recommendations and solutions.
• Support business development through targeting potential clients and crafting compelling proposals.
• Stay informed about industry trends and client challenges to innovate new services and solutions.

Qualifications:

• Bachelor's degree in Finance, Statistics, Financial Engineering, or Economics; a graduate degree is a plus.
• 5+ years of relevant experience in financial institutions, Big 4 firms, or regulatory supervision.
• Strong understanding of model risk management regulations (e.g., SR 11-7, OCC 2011-12).
• Familiarity with various credit risk model types, including CECL, PD/LGD, and stress testing.
• Experience in performing model validations and development, including back testing and stress testing.
• Proficiency in data processing, storage, and visualization technologies.
• Self-motivated with excellent prioritization and problem-solving skills.
• Ability to create clear, concise reports and presentations with actionable insights.
• Experience in leading and managing teams effectively.
• Ensure engagements are completed with high standards within budget constraints.
• Willingness to travel on occasion, not to exceed 25%.

Preferred Skills:

• Solid analytical skills and knowledge of econometrics.
• Understanding of model governance, CECL, DFAST, CCAR, and capital allocation methods.
• Familiarity with statistical software (e.g., SAS, Python, R).
• Experience with database management tools like SQL.
• Knowledge of data visualization tools (e.g., Power BI, Tableau).
• Basic understanding of trends in AI and machine learning.
• Professional certifications such as RMA CRC, CFA, or FRM are preferred.

We expect all candidates to embody Crowe's values of Care, Trust, Courage, and Stewardship. We prioritize ethical behavior and integrity at all levels.

This role may involve verifying identity and eligibility to work in the United States, and we do not provide work authorization sponsorship at this time. The annual salary range is estimated between $106,600 and $217,900, based on experience and qualifications.

Our Benefits:

Join us at Crowe where great talent is truly valued. We offer a comprehensive total rewards package to support your growth and well-being.

Career Growth:

We are committed to cultivating an inclusive culture that values diversity. Regular meetings with your Career Coach will help guide your aspirations.

About Crowe:

Crowe is one of the largest public accounting, consulting, and technology firms in the U.S. Our commitment to industry expertise enables us to offer unparalleled audit services and optimize clients' goals in tax and advisory services. As part of Crowe Global, a leading global accounting network, we serve clients worldwide.

Crowe is an equal opportunity employer and prohibits discrimination or harassment of any kind. We evaluate applicants based on objective job-related criteria while maintaining a merit-based hiring process.

If you need assistance with your application or require accommodations, please refer to our Applicant Assistance and Accommodations page.