Model Risk Governance Analyst

Navy Federal Credit Union

4.8

(226)

Vienna, VA

Why you should apply for a job to Navy Federal Credit Union:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 96% say women are treated fairly and equally to men
  • 96% would recommend this company to other women
  • 96% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Professional development and training opportunities to help employees grow in their careers and the life they want to lead
  • Best-in-class benefits with generous vacation, paid maternity/paternity leave, retirement plans, tuition reimbursement, discounts and more
  • Unique culture where team members are passionate about the mission which creates clarity, alignment and purpose
  • #18389

    Position summary

    lows, and guides

    • Monitor and test for MRM policy compliance Assist in building out action plans and milestones to drive remediation of any identified issues

    • Develop and maintain business unit and enterprise-wide model risk KRIs and reports

    • Develop and maintain instructional content for various model governance audiences

    • Communicate model risk governance metrics, policies, procedures, and supporting processes

    • Identify model governance process risks, design controls, and execute controls

    • Support model inventory and governance process information requests from internal and external stakeholders

    • Provide and maintain up-to-date knowledge of relevant industry standards, best practices, and business processes and technology used in model risk management within the financial services industry

    • Perform other duties as assigned

    Qualifications

    • Experience working in a risk management role

    • Experience working in or consulting for financial institutions in a risk, modeling, or analytical context

    • Demonstrated initiative-taking and ability to creatively solve business problems

    • Experience managing multiple priorities independently and/or in a team environment to achieve goals

    • Experience in working with all levels of staff, management, stakeholders, vendors

    • Skill building effective relationships through rapport, trust, diplomacy, and tact

    • Skill to influence, negotiate, persuade, and build consensus to reach agreeable exchange & positive outcomes with business partners

    • Bachelor's degree in a Computer Science, Statistics or related field, or the equivalent combination of training, education and experience

    Desired Qualifications

    • Knowledge of model risk regulatory guidance

    • Knowledge of modeling in a variety of business use cases

    • Ability to interpret analytics and statistical results for presentation to a variety of audiences

    • Experience with financial institution regulations

    • Master's or advanced degree in Data Science, Statistics or related field

    Hours: Monday - Friday, 8:00AM - 4:30PM

    Locations: 820 Follin Ln. Vienna, Virginia 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526

    About Us
    You have goals, dreams, hobbies, and things you're passionate about-what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them-friends, family, and passions. And we're looking for team members who are passionate about our mission-making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:

    • Military Times 2022 Best for Vets Employers

    • WayUp Top 100 Internship Programs

    • Forbes® 2022 The Best Employers for New Grads

    • Fortune Best Workplaces for Women

    • Fortune 100 Best Companies to Work For®

    • Computerworld® Best Places to Work in IT

    • Ripplematch Campus Forward Award - Excellence in Early Career Hiring

    • Fortune Best Place to Work for Financial and Insurance Services

    Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

    Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

    Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

    Why you should apply for a job to Navy Federal Credit Union:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 96% say women are treated fairly and equally to men
  • 96% would recommend this company to other women
  • 96% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Professional development and training opportunities to help employees grow in their careers and the life they want to lead
  • Best-in-class benefits with generous vacation, paid maternity/paternity leave, retirement plans, tuition reimbursement, discounts and more
  • Unique culture where team members are passionate about the mission which creates clarity, alignment and purpose