• Work independently and collaboratively with business and model owners/users throughout the organization to review and validate models and quantitative frameworks
• Identify sources of model risk, review model components, developmental evidence and conduct quantitative analytics to validate model efficacy
• Perform model review and validation in a timely manner according to a project plan adhering to corporate policies, programs, frameworks and procedures, and meeting regulatory standards
• Provide qualitative and quantitative feedback with support for validation activities to a variety of audiences
• Present work through formal validation reports, as well as thorough presentation to model owners, users and senior management
• Develop and prioritize constructive recommendations for model changes or enhancements
• Liaise with business units to identify, inventory, and risk assess models
• Provide critical analysis and effective challenge of models reviewed by and/or validations performed by other internal or external independent parties
• Communicate to quantitative and business audiences through verbal and written presentations describing the results of the reviews and validation analyses and recommend remediation strategy to address the findings
• Maintain and review inventory of issues and validation findings and challenge adequacy of remediation plans
• Track remediation progress and resolution status for identified model deficiencies
• Maintain a detailed and comprehensive record of each validation project through work papers and other project artifacts
• Support model owners in effectively establishing sound, accurate and complete model documentation and ongoing model performance monitoring procedures
• Participate in model change management, re-certification, and decommissioning processes
• Support model risk aggregation and reporting requirements
• Participate in efforts to develop, implement and enhance model risk management practices including developing policies and procedures for model owners and developers
• Build strong working relationships with key model stakeholders, in particular model developers and users

• Work independently and collaboratively with business and model owners/users throughout the organization to review and validate models and quantitative frameworks
• Identify sources of model risk, review model components, developmental evidence and conduct quantitative analytics to validate model efficacy
• Perform model review and validation in a timely manner according to a project plan adhering to corporate policies, programs, frameworks and procedures, and meeting regulatory standards
• Provide qualitative and quantitative feedback with support for validation activities to a variety of audiences
• Present work through formal validation reports, as well as thorough presentation to model owners, users and senior management
• Develop and prioritize constructive recommendations for model changes or enhancements
• Liaise with business units to identify, inventory, and risk assess models
• Provide critical analysis and effective challenge of models reviewed by and/or validations performed by other internal or external independent parties
• Communicate to quantitative and business audiences through verbal and written presentations describing the results of the reviews and validation analyses and recommend remediation strategy to address the findings
• Maintain and review inventory of issues and validation findings and challenge adequacy of remediation plans
• Track remediation progress and resolution status for identified model deficiencies
• Maintain a detailed and comprehensive record of each validation project through work papers and other project artifacts
• Support model owners in effectively establishing sound, accurate and complete model documentation and ongoing model performance monitoring procedures
• Participate in model change management, re-certification, and decommissioning processes
• Support model risk aggregation and reporting requirements
• Participate in efforts to develop, implement and enhance model risk management practices including developing policies and procedures for model owners and developers
• Build strong working relationships with key model stakeholders, in particular model developers and users

• Bachelor’s Degree (at minimum) in quantitative field, such as: mathematics, finance, engineering, statistics or data analytics; Master's degree or higher preferred
• Minimum of two or more years of experience in modeling or validation with quantitative focus
• Experience working with large datasets using quantitative tools (such as R, MATLAB, SAS, etc.)
• Experience producing high quality written technical documentation

• Strong knowledge of model risk management practices and applicable regulatory guidance
• Working knowledge of financial instruments and financial risk management principles
• Strong analytical skills together with excellent project management and organizational skills
• Solid interpersonal relationship building and relationship management skills
• Clear and concise written and verbal communication skills
• Self-motivated with strong attention to detail and dedication to high quality work
• Excellent communicator with a proactive “no surprises” approach in communicating issues
• Curiosity and enthusiasm for model risk management
• Ability to work independently with minimal supervision
  

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Vacation Time, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an Award Winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.