AVP, Credit Risk Model Owner

You will serve as a key liaison between technical teams, model users, validators, internal audit, and international stakeholders. This is a great opportunity for someone who enjoys model governance, data-driven decision making, and cross‑functional collaboration.

Client Details

A leading global financial institution is seeking a Credit Risk Model Owner at the Associate/AVP level. This position plays a central role in overseeing credit risk models across the Americas portfolio, ensuring they are well‑governed, accurately monitored, fully documented, and aligned with internal standards and regulatory expectations.

Description

• Carry out ongoing performance monitoring for credit risk models and update monitoring plans when needed.
• Maintain comprehensive model inventories and prepare documentation packages, attestations, and related materials.
• Address findings from validation teams and internal audit, ensuring timely and effective remediation.
• Partner with global colleagues on the development, enhancement, and refinement of internal credit rating models.
• Review how models are being used across the business, identifying opportunities to strengthen guidance, training, and documentation.
• Contribute to improving governance frameworks, process efficiency, and model management standards.
• Prepare clear and compelling reports or presentations for senior leadership and, when required, regulatory audiences.
• Guide junior team members and collaborate closely with a wide array of stakeholders.

Profile

• 2+ years of experience in model risk, model development, or model validation (credit risk model experience strongly preferred).
• Solid grounding in statistics, financial mathematics, or a related quantitative field; advanced degree or certifications (CFA/FRM) a plus.
• Hands‑on skills with analytical and technical tools such as Excel/VBA, SQL, SAS, Python, or similar.
• Skilled communicator-able to tailor messaging to senior management, auditors, model users, and technical partners.
• Strong organizational abilities with a track record of managing multiple projects under tight timelines.
• Ability to create polished visual materials that convey technical concepts to non‑technical audiences.
• Japanese language skills are helpful but not required.

Job Offer

• Hybrid work model.
• $85,000 - $130,000 base salary.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.