Senior Analyst, Model Risk Management

Job Title
Senior Analyst, Model Risk Management

Salt Lake City, UT

WebBank (the "Bank") is headquartered in Salt Lake City, Utah and is an FDIC insured, Utah state chartered bank. WebBank is a leading national provider of online consumer and small business loans made in partnership with finance companies, OEMs, retailers and financial technology companies.

Job Summary
The Senior Analyst - Model Risk Management position will report to the VP Model Risk Management for the Bank and will support all Credit related initiatives undertaken.

Primary Responsibilities
  • Develop and implement statistical and machine learning based on quantitative models used in underwriting strategies, loss forecasting and capital calculations
  • Develop and drive analysis of portfolio health through modeling as well as valuation techniques to drive best investment decisions
  • Develop alternative model approaches to assess model design and advance future capabilities
  • Review and assess model validation plans and processes
  • Assess the risk model methodologies, outputs, and processes and work with various industry leading Fintech lending partner and retail partners associated with the bank
  • Understand technical issues in econometric and statistical modeling and apply these skills toward assessing model risks and opportunities
  • Communicate clearly and concisely both verbally and through written communication via model validation reports and presentations
Required Skills and Experience
  • Bachelor's degree in Statistics, Economics, Mathematics, Industrial Engineering, Operations Research, Financial Engineering, Physics, Engineering or Computer Science
  • At least one to two years' experience in quatitative analysis with statistics or data mining
  • Prior consumer lending based modeling exposure preferred
  • Proficiency with statistical and data software languages and packages including SAS, R, Knowledge Seeker and E Miner
  • Familiarity with machine learning techniques such as GBM, Random Forest and ensembles of multiple nested regression techniques
  • Strong verbal and written communication skills
If you would like to apply for this position,  please send your resume to: