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Quantitative Analyst I - MRM

Location: Cincinnati
Posted on: January 14, 2021

Job Description:

GENERAL FUNCTION: This position is a quantitative analyst in Model Risk Management Group. The incumbent will provide support to the continuous development of a sound and robust framework of Model Risk Management within theBancorp.Keyresponsibilitiesinclude, but not limited to, perform comprehensive model validation, document validation analyses/findings, and recommend model issues/observations based on validation findings.




ESSENTIAL DUTIES & RESPONSIBILITIES:


oPerform model validation in accordance to Fifth Third Bank MRM policy and procedure.


oAssess the soundness of model inputs, assumptions, methodology and conceptual framework.


oConduct outcome analysis to evaluate model performance.


oIdentify model risks and limitations.


oPresent validation results and overall assessment to management.


oCoordinate with Model Governance analyst to address any outstanding issues.


oKeep abreast of industry best practice standards for model validation.


oOther projects/tasks as assigned by MRM management.




SUPERVISORY RESPONSIBILITIES:None


Keywords: , Cincinnati , Quantitative Analyst I - MRM, PR / Public Relations , Cincinnati, Ohio

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