Model Validation - Sr. Quantitative Risk Analyst (AVP/VP)
Texas Capital Bank

Richardson, Texas

Posted in IT

This job has expired.

Job Info

Texas Capital Bank is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big banks at a scale that makes sense for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital Bank, we do more than build business success. We build long lasting relationships.

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital Bank was recently named the #1 most trusted bank in the country on Newsweek's inaugural list of America's Most Trusted Companies. For more information about joining our team, please visit us at

  • Review and assess risks associated with development, testing, use and implementation of models bank-wide;
  • Lead department's model validation efforts. Test and validate quantitative models. Provide effective challenge to model owners on input, assumptions used, methodology, output and model performance. Prepare model validation report and relevant workpaper to support risk assessments and testing. Present findings to business unit and senior management. Follow up with model owners to monitor and resolve findings;
  • Perform periodic model reviews to monitor model performance. Evaluate model changes and present recommended actions;
  • Support Bank-wide Model and End User Computing (EUC) programs in general. Determine adherence to bank policy and manage model/EUC risk throughout their lifecycle;
  • Participate in overall model/EUC governance activities, including but not limited to, model/EUC identification, inventory management, risk rating, documentation reviews, change management and issue tracking.
  • Coordinate with team members and management on risk program activities and status;
  • Execute multiple risk program activities simultaneously against established timeframes;
  • Engage in interaction with model owners, model developers, internal audit and/or regulatory personnel;
  • Perform other duties or projects as assigned.

  • Master+ degree in Statistics/Applied Mathematics, Econometrics, Finance, Economics or other quantitative discipline
  • Minimum 5 years of work experience in financial institutions focusing on in-depth quantitative analysis. Prior model risk, model validation and/or model development experience on Credit (PD/LGD/EAD/CECL/ALLL), Market Risk, Broker/Dealer, DFAST/CCAR/Capital Stress Testing, IRR, Liquidity and/or BSA/AML models is a strong plus
  • Experience with common statistical and programming tools - R, SAS, Python, SQL, Access, VBA or similar
  • Proficient in Microsoft office with a strong emphasis on MS Excel
  • Consistently demonstrates clear and concise written and verbal communication skills.
  • Strong ability to communicate complex technical results to non-quantitative audience
  • Self-motivated, well organized and detail oriented to handle diverse and concurrent assignments
  • Strong analytical and problem-solving skills
  • Collaboration with others. Team player who brings a "can-do and will-do" attitude.
  • Good time management skills and being able to work independently

Additional Qualifications (at least one is required)

  • Understanding of financial theory and models in one or more of the following areas: credit risk, market risk, operational risk, asset & liability management, and economic capital calculation
  • Experienced in Bank Regulatory (OCC, Federal Reserve, FDIC), Public Accounting/Consulting, and/or Internal Audit in the Banking/Financial Services industry
  • Familiar with applicable regulatory guidance (e.g. SR 11-7, OCC 2011-12, Dodd-Frank, etc)
  • Knowledgeable in risk management processes, change management, oversight and governance, consulting, banking or similar in the financial services industry

This job has expired.

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