Manager, Model Risk
Company: Protiviti Inc.
Location: Chicago, IL
Posted on: January 17, 2017
Job Description:
Position: Manager, Model Risk (Chicago, IL) Protiviti is a global consulting firm that helps companies solve
problems in finance, technology, operations, governance, risk and
internal audit. Through our network of more than 70 offices in over 20
countries, we have served more than 35 percent of FORTUNE® 1000 and Global 500
companies. We also work with smaller, growing companies, including those
looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half
International Inc. (NYSE: RHI). Founded in 1948, Robert Half International is a
member of the S&P 500 index. Duties: Review, validate and develop quantitative models related
to market, credit, operational, liquidity risk capital, ERM,
insurance models, stress testing, Basel 2, and Solvency 2 compliance. Develop and
validate models in order to identify areas of risk. Evaluate, develop,
and implement credit and market risk measurement tools. Conduct
operational risk assessments and accumulate event data. Provide advisory
and methodological support for quantification and operational risks.
Recognize potential client risk and communicate identified risks. Research
technical and industry trends and recommend risk management solutions.
Deliver specific product solutions to clients. Requirements: Master’s degree (or foreign equivalent) in
Finance, Economics, Statistics, or related field, and one year of
experience performing credit risk management and consulting. Also requires: demonstrated expertise ensuring compliance with
Fair Lending Act regulations including RESPA, TILA and HMDA; consulting with
clients to perform lending modeling analysis and analyze policies,
procedures and internal controls to ensure compliance with the Fair Lending
Act; utilizing computational methods to perform valuation and probabilistic
finance analysis, including Monte Carlo simulation programs and Black
Scholes models; performing programming for statistical and computational
analysis using SAS, SQL and VBA; performing Allowance for Loans and
Leases (ALLL) modeling for financial reporting and stress testing purposes;
and in Comprehensive Capital Adequacy Review (CCAR) and Dodd Frank Act
Stress Test (DFAST) submission reporting in compliance with the FRB and
FDIC requirements. Submit resume to Job Code MMR-NH2016, Dana S. Portnoy,
Protiviti, 125 High Street, 17th Floor, Oliver Street Tower, Boston, MA 02110
Keywords: Protiviti Inc., Oak Park , Manager, Model Risk, Finance , Chicago, IL, Illinois