CXC Global is seeking an experienced Model Risk Analyst to support model validation, model governance, and model risk assessment activities across a diverse portfolio of enterprise models. This role offers the opportunity to work within a dynamic Model Risk Management environment, partnering with business, risk, technology, and governance teams to evaluate model performance, controls, documentation, and ongoing monitoring processes.
Location: 100% Remote (CST or EST Preferred
)Duration: 6+ Month Contract with Possibility of Extensio
nStart Date: Immediat
e
Key Responsibiliti
esModel Validation & Risk Assessme
- ntConduct independent validation and review of models across multiple risk and business domains, including fraud, credit risk, market risk, liquidity risk, compliance, AML, forecasting, stress testing, and machine learnin
- g.Assess model conceptual soundness, data quality, methodology, assumptions, implementation accuracy, performance, limitations, controls, and ongoing monitoring processe
- s.Perform quantitative and qualitative testing, including benchmarking, sensitivity analysis, back-testing, performance monitoring, and outcomes analysi
- s.Evaluate model design, implementation, and effectiveness while identifying potential risks, weaknesses, and limitation
s.Fraud Model Validati
- onPerform validation activities focused on fraud detection, fraud risk management, and fraud mitigation model
- s.Assess fraud model methodologies, scoring approaches, data sources, assumptions, thresholds, and performance metric
- s.Evaluate fraud model monitoring frameworks and recommend enhancements to improve model effectiveness and governanc
- e.Identify risks associated with model drift, changing fraud patterns, data quality issues, and implementation control
s.Model Governance & Complian
- ceReview model documentation, business requirements, development artifacts, testing evidence, governance records, and change management documentatio
- n.Support model inventory reviews, tiering assessments, annual reviews, periodic validations, model change reviews, and issue remediation activitie
- s.Ensure adherence to Model Risk Management frameworks, governance standards, and regulatory expectation
- s.Assist with audit requests, regulatory examinations, governance committee reviews, and remediation initiative
s.Cross-Functional Collaborati
- onPartner with model owners, developers, risk teams, compliance groups, auditors, and technology stakeholders to evaluate model risk and validation outcome
- s.Provide constructive challenge and independent review of model assumptions, methodologies, and performance result
- s.Collaborate with business and technical teams to resolve findings and implement remediation recommendation
- s.Adapt quickly to new model types, business areas, validation tools, and evolving governance requirement
s.Reporting & Documentati
- onDocument validation findings, risk ratings, model limitations, compensating controls, and remediation recommendations in a clear, concise, and defensible manne
- r.Prepare validation reports, testing workpapers, governance materials, and executive summarie
- s.Support committee presentations and stakeholder communications related to model validation results and model risk management activitie
s.
Required Qualificati
- onsBachelor's degree in Finance, Statistics, Mathematics, Economics, Data Science, Computer Science, Risk Management, or a related fie
- ld.Experience in Model Risk Management, Model Validation, Quantitative Risk, Analytics, Financial Risk, Compliance Risk, Internal Audit, Data Science, or related disciplin
- es.Strong experience performing independent model validations and model risk assessmen
- ts.Hands-on experience evaluating model assumptions, methodologies, data quality, implementation controls, and performance monitoring process
- es.Demonstrated experience reviewing model documentation and governance artifac
- ts.Strong analytical, investigative, and problem-solving skil
- ls.Excellent written and verbal communication skills with the ability to present findings clearly to both technical and non-technical stakeholde
- rs.Ability to work independently while managing multiple validation projects simultaneous
ly.Preferred Qualificati
- onsStrong experience validating or reviewing Fraud Risk Models and fraud analytics solutio
- ns.Experience supporting model validations within banking, financial services, fintech, insurance, or highly regulated industri
- es.Familiarity with model risk management regulatory expectations and industry guidance regarding validation independence, governance, documentation standards, and ongoing monitori
- ng.Experience validating models related to CECL, stress testing, AML, market risk, liquidity risk, forecasting, pricing, machine learning, AI, or vendor solutio
- ns.Proficiency with analytical and statistical tools such as SQL, Python, R, SAS, MATLAB, or Exc
- el.Experience performing benchmarking, challenger model reviews, sensitivity testing, outcomes analysis, and back-testi
- ng.Experience supporting internal audits, regulatory exams, remediation programs, model inventory initiatives, or model governance transformatio
ns.
Please Note: This opportunity is available only to candidates who are currently authorized to work in the United States without present or future sponsorship requireme
nts.CXC Global is unable to provide visa sponsorship, transfer sponsorship, or support employment authorization processes for this position. Applicants requiring current or future sponsorship (including H-1B, OPT, CPT, TN sponsorship support, or similar arrangements) will not be conside
red.Only candidates with valid, unrestricted U.S. work authorization are encouraged to ap
ply.