Lead Model Validation

Alliant Credit Union - Greater Chicago Area

Hiring: Lead Model Validation Company: Alliant Credit Union Location: Greater Chicago Area Job Posted Time: 2026-09-12 07:40:36 Employment Type: Full-time / Hybrid Target Skills & Keywords : AI About the job Experience: •Minimum - 5 Years of Build, test, implement, or validate models within the financial services industry or related •Preferred - 7 Years of Build, test, implement, or validate models within the financial services industry or related Required Skills: •Independently execute model validations that are accurate, timely, and compliant with MRM policies, standards, and procedures across credit, market, operational risk, loss forecasting, stress testing, ALM, AML, fraud, pricing, and CECL models. •Prepare and document validation reports, including findings, conclusions, and actionable recommendations for model owners and management. •Partner with AI Governance stakeholders to assist with review and onboarding on new AI solutions. •Assess ongoing performance monitoring results and identify potential model weaknesses, emerging risks, and areas requiring remediation. •Actively facilitate and support ongoing enhancement of model validation methods, tools, templates, and practices in alignment with evolving regulatory guidance and industry standards. •Review and challenge validation work performed by third-party vendors, including evaluation of methodologies, conclusion quality, and appropriateness of findings. •Partner with first-line model owners and users to support effective issue management, remediation planning, and closure of validation findings. •Present validation results and risk assessments to MRM leadership and other stakeholders in a professional and constructive manner. Qualifications: •8 Years of Build, test, implement, or validate models within the financial services industry or related •Work from home up to 3 days a week •Time off including paid personal and sick days •Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment. •The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice. •Minimum - 4 Year Bachelors Degree in Mathematics, Statistics, Economics, Quantitative Finance, Engineering, Computer Science or related •Preferred - Graduate Degree in Mathematics, Statistics, Economics, Quantitative Finance, Engineering, Computer Science or related Compensation: •Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including: Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!