General information

Name
Consulting - RAS 1 - Manager - Quantitative Solutions - Enterprise Risk & Quantitative Solutions
Posting Title
Manager - Enterprise Risk & Quantitative Solutions
Ref #
2233373
Date Published
Friday, August 9, 2024
City
Charlotte
State
North Carolina
Country
United States
Job Category
Risk Advisory
Office
Enterprise Risk & Quantitative Consulting (Forvis)
Advertised Location
US-GA-Atlanta, US-MA-Boston, US-MA-Boston, US-MO-Kansas City, US-NC-Charlotte, US-NC-Winston Salem, US-TX-Dallas, US-TX-Houston
Working time
Full Time

Description & Requirements


As part of our growing Quantitative Solutions team, you will work with our clients, including some of the most iconic financial services companies globally, as they reshape Enterprise Risk and Quantitative services for the future.

We are seeking an experienced Quantitative Solutions Manager, who will manage model risk management projects, such as independent model validations, model audits, model reviews, model development projects, and various other model risk management consulting projects.


How you will contribute:

  • Managing model validations by assessing the conceptual soundness and applicability of the mathematical/statistical theories, evaluating data inputs and assumptions, and testing model computational accuracy and performing outcomes analysis (such as back-testing and benchmarking)
  • Managing various model risk consulting projects, where you will contribute regulatory, compliance, and industry subject matter expertise  
  • Managing model audits and model reviews, to assist the 3rd and 2nd lines of defense, respectively
  • Analytical models requiring effective challenge through validation, audit, or review may include BSA/AML, CECL, ALM, stress testing, scorecard, compliance/regulatory, pricing/valuation, regression, and economic capital models.
  • Managing, coaching, and reviewing the work performed by other consultants
  • Managing engagements from initial scoping to completion
  • Being the primary communicator of the engagement team
  • Supporting business development activities, including pursuits and proposals, and building relationships with clients

We are looking for people who have Forward Vision and:

  • Ability to prioritize multiple tasks simultaneously
  • Ability to write and communicate complex observations into reports and present the results to clients
  • Ability to present results and serve as client facing leaders with strong and effective communication skills
  • Strong analytical and organizational skills with particular attention to detail

Minimum Qualifications:

  • Bachelor’s degree in finance, economics, accounting, statistics, or other quantitative fields
  • 5 years or more of experience with data analysis, quantitative analysis, and model risks management, model validation, and other model governance activities with financial services institutions
  • Ability to read programming in languages such as R, or Python and database management such as SQL

Preferred Qualifications:

  • Advanced degree
  • Ability to review, validate, audit and / or develop models related to one or more of the following strongly preferred: market, credit, operational, liquidity risk capital, ERM, insurance models, stress testing
  • Experience with CECL, ALM, BSA/AML, and/or regulatory compliance models
  • Experience with insurance models
  • Knowledge of internal controls
  • Prior experience at a consulting and/or professional services firm
  • CFA, FRM, or similar risk management related credential

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