Model Risk Quantitative Analyst
Northwest Bank
Independence, OH
Full-time
Banking
Posted on February 2, 2025
Model Risk Quantitative Analyst, Northwest Bank, Independence, OH. Model validation, id &
quant. model risk components & uncertainties under banking regs. Assess model assump. of
method. & perform relevant stat. & hypothesis test. Assess impact of model limits, parameter
est. error, deviations from model assump. Assess qualitative factors; review to confirm proper
controls & documentation. Assess model specs with empirical evid. & model perf., accuracy,
reliability, stability, data relev., completes & timely. Eval. model monitor perf. reports on-going
basis & provide recommendations. Remediation strategy & maint. Analyze complex models,
qual. & quant. tools used in decision making proc. to assess risks & impacts. Research model
dev. methods & valid. tech. ensure model validity, risks, & alts. are well commun. &
documented. Masters Statistics, Economics, or Math. 3 mos. exp. obtained at any time (PT
accepted) in quantitative analysis, scenario analysis, predictive modeling, hypothesis test,
validation & statistical analysis. Educ. or course work in Finance or accounting. Mr. Gallagan,
NW Bank, 3 Easton Oval, Columbus, OH 43219, Ryan.Gallagan@Northwest.com.
quant. model risk components & uncertainties under banking regs. Assess model assump. of
method. & perform relevant stat. & hypothesis test. Assess impact of model limits, parameter
est. error, deviations from model assump. Assess qualitative factors; review to confirm proper
controls & documentation. Assess model specs with empirical evid. & model perf., accuracy,
reliability, stability, data relev., completes & timely. Eval. model monitor perf. reports on-going
basis & provide recommendations. Remediation strategy & maint. Analyze complex models,
qual. & quant. tools used in decision making proc. to assess risks & impacts. Research model
dev. methods & valid. tech. ensure model validity, risks, & alts. are well commun. &
documented. Masters Statistics, Economics, or Math. 3 mos. exp. obtained at any time (PT
accepted) in quantitative analysis, scenario analysis, predictive modeling, hypothesis test,
validation & statistical analysis. Educ. or course work in Finance or accounting. Mr. Gallagan,
NW Bank, 3 Easton Oval, Columbus, OH 43219, Ryan.Gallagan@Northwest.com.