Model Validation Lead Analyst

4 hours, 39 minutes ago
Full-time
Mid Level
Data Science and Analytics
BHG Financial

BHG Financial

BHG Financial is a pioneering financial company that specializes in providing innovative solutions for business professionals, consumers, and financial institutions nationwide. With a focus on technology, analytics, and exceptional service, BHG offers ...

Diversified Financial Services
1K-5K
Founded 2001

Description

  • Perform end-to-end model validations, including conceptual soundness, data integrity, and mathematical accuracy reviews.
  • Develop challenger models and conduct sensitivity testing, back-testing, and stress testing to assess model limitations.
  • Ensure models comply with internal model risk management policies and governance standards.
  • Support model governance by maintaining an accurate model inventory.
  • Author technical validation reports with findings, risks, and recommendations for leadership.
  • Review ongoing model performance monitoring to identify decay and confirm models remain fit for purpose.
  • Communicate complex quantitative results clearly to technical and non-technical stakeholders.

Requirements

  • This role is not eligible for employer-provided immigration sponsorship; candidates must have valid U.S. work authorization now and in the future.
  • Master's or PhD in a quantitative field such as Statistics, Mathematics, Financial Engineering, or Economics.
  • 2–5 years of experience in model development or validation within financial services.
  • Proficiency in Python and R, with advanced SQL skills for data analysis.
  • Strong understanding of statistical modeling techniques, machine learning/AI, and financial regulations.
  • Ability to translate complex quantitative concepts into clear, non-technical language for diverse stakeholders.
  • Experience conducting challenger analyses, back-testing, sensitivity testing, or stress testing (preferred).
  • Experience with model risk management or model governance processes (preferred).

Benefits

  • Medical, Rx, dental, and vision coverage for employees and eligible family members.
  • Competitive PTO and vacation policies.
  • One Friday off each month for Wellness Weekends.
  • Company 401(k) plan with employer contributions after one year.
  • Company-sponsored training and certification opportunities.
  • Quarterly award ceremonies with additional bonuses for top achievers.
  • Ongoing volunteer opportunities through the BHG Cares program.

Interested in this position?

Apply directly on the company website

Apply Now

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