Senior Analyst - Model Risk (L 08)

Senior Analyst - Model Risk (L 08)

Synchrony Financial
1-4 years
Not Specified

Job Description

Job Description:
Role Summary/Purpose:
Support model validation initiatives related to quantitative analytic modeling with the Synchrony Model Risk Validation team.
Essential Responsibilities:

  • Validate the accuracy and performance of statistical models and identify issues requiring further investigation, including those developed using machine learning techniques.

  • Perform in-depth analysis or large data sets and assist in the review and maintenance of relevant model and model validation documentation.

  • Liaise with the retail finance business teams to uncover and highlight risk associated with models.

  • Prepare reports for senior management and retail finance business teams and facilitate discussions on key analytics.

  • Perform other duties and/or special projects as assigned

  • Explore new emerging analytical tools and technologies and train the team members in the same.


  • Bachelor's or Master's degree in Statistics, Mathematics, Economics or related quantitative field is required

  • Minimum 1+ years of experience in statistical modeling preferably in risk analytics model validations position

  • Minimum 2+ years of experience in statistical tools like SAS, Python, R, Advanced Excel Macros.

  • Strong experience in exploring new emerging tools and technologies for the benefit of business.

  • For Internal Applicants: Understand the criteria or mandatory skills required for the role, before applying.

  • Inform your Manager or HRM before applying for any role on Workday.

  • Ensure that your Professional Profile is updated (fields such as Education, Prior experience, Other skills) and it is mandatory to upload your updated resume (Word or PDF format)

  • Must not be any corrective action plan (First Formal/Final Formal, PIP)

  • Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.

  • Existing Level 5,6 & 7 are eligible to apply, will be considered for Level 8 if selected

Desired Characteristics:

  • 1+ years of experience in risk analytics in model validations is preferred.

  • 1+ years of experience in handling large data sets for statistical analysis / modeling and handling large amounts of data and analyzing for trends.

  • Knowledge on the application of regulatory requirements for Model Risk (e.g. SR 11-7/OCC 2011-12) is preferred.

  • 1 year of experience in development or testing in Pig, Spark, Python, or similar applications is preferred.

  • In-depth theoretical understanding and utilizing modeling techniques supporting one (or more) of the following: Big Data Analytics, Machine Learning, and / or Decision Models (Behavior, Credit, Fraud, etc.)
Risk Management

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