Model Validation Analyst

Description

Job Summary: Model Validation Analyst to lead and execute validation processes for regulatory statistical models, ensuring methodological robustness and regulatory compliance. Key Responsibilities: 1. Lead and execute validation of regulatory statistical models 2. Ensure regulatory compliance and operational effectiveness 3. Propose improvements and mitigations A banking institution requires a Model Validation Analyst. Replacement for pre- and post-natal leave. Objective: Lead and execute validation processes for regulatory statistical models used by the Bank (CMF\-IFRS or others), ensuring their methodological robustness, regulatory compliance, and operational effectiveness; proposing improvements and mitigations. Conditions: 1\. Remuneration: To be agreed upon. 2\. Working hours: Monday to Thursday, 9:00 to 18:00 hrs; Friday, 9:00 to 16:00 hrs 3\. Work modality: Hybrid. 4\. Workplace: Downtown Santiago, Moneda/Las Condes metro station (Manquehue metro station). 5\. Contract type: Under transitional regime. 6\. Responsibilities: * Ensure compliance with internal and external regulations. * Conduct independent validations of risk models governed by CMF, IFRS, and other regulations. * Evaluate data quality, assumptions, methodologies, model performance, and governance. * Prepare technical validation reports describing procedures performed, findings, and recommendations. * Participate in and present at local/corporate model committees and collaborate with model development and audit departments. 7\. Requirements: * Mandatory: Mathematical Engineer or Statistical Engineer. * Approximately 4 years of experience in similar roles. * Database management and analysis skills. * Proficiency in Python usage and programming. * Proficiency in R language. Application Question(s): * Please indicate your residential commune and updated telephone number. * Please indicate your highest level of education. * Please indicate your desired net remuneration. * Do you have experience in similar roles? Please comment. Workplace: Hybrid in Santiago de Chile, Metropolitan Region