AVP, Model Developer (Capital Management)

Office Status: Hybrid

Salary: $110,000 – $130,000

Responsibilities:

• Contribute to the implementation and enhancement of capital management practices within the team.
• Develop and enhance model architecture and documentation of financial forecasting models, with OLS regression and A(R) approaches that are in accordance with Federal Reserve SR 11-7 requirements.
• Evaluate data to identify necessary adjustments and work closely with business users to create robust forecasting models and historical analyses.
• Develop and enhance Microsoft Excel based approaches for monitoring and estimating the bank’s capital position.
• Participate in developing, maintaining, and documenting finance models in accordance with Federal Reserve SR 11-7 requirements.
• Deepen relationships with internal and external counterparties to enhance institutional knowledge to support the forecasting/capital management processes.
• Assist in responding to model validation queries regarding model monitoring reports and documentation gaps.