What are the responsibilities and job description for the Quantitative Solutions Consultant position at FORVIS?
Requisition Number2234467 Description & Requirements
We are seeking a skilled and motivated Quantitative Solutions Consultant, who is looking to develop their career in quantitative and risk management consulting. As a Consultant, you will have the opportunity to serve financial services clients alongside subject matter experts to deliver forward thinking solutions to help our clients identify, monitor, and manage model risk, as well as ensure regulatory compliance. Our Quantitative Solutions practice provides model risk management, model development, model implementation, model validation, model operations, and AI solutions across industries. We are looking for a qualified individual to help our practice grow.
How you will contribute :
- Ensure models are designed, deployed, and performing as expected by executing model validations, which includes an assessment of the model's conceptual soundness, data inputs and outputs, assumptions and overlays, as well as performance indicators such as back testing and benchmarking analysis.
- Review model risk management frameworks to ensure governance mechanisms are in place, well designed, and robust so that model risk can be effectively managed.
- Design, develop, and / or deploy reporting and oversight frameworks to assist clients in integrating sound and effective risk management practices.
- Perform model reviews and model audits in coordination with the second and third lines of defense to ensure that model calculations, data, and assumptions are correct and can be relied upon, and that models are subject to adequate due diligence and review and challenge.
- Execute model validation testing to confirm the accuracy of the model calculations, which will require analytical, mathematical, and statistical skills and expertise.
- Perform effective review and challenge through validation, audit, or other review which may involve BSA / AML, CECL, ALM, stress testing, scorecard, compliance / regulatory, pricing / valuation, regression, and economic capital models, among others.
We are looking for people who are motivated and forward thinking, and demonstrate :
Minimum Qualifications :
Preferred Qualifications :
LI-CLTSP, #LI-CLTU, #LI-NYC
LI-CH1
With a legacy spanning more than 100 years, Forvis Mazars is committed to providing a different perspective and an unmatched client experience that feels right, personal and natural. We respect and reflect the range of perspectives, knowledge and local understanding of our people and clients. We take the time to listen to deliver consistent audit and assurance, tax, advisory and consulting services worldwide.
We nurture a deep understanding of our clients’ industries, delivering greater insight, deeper specialization and tailored solutions through people who listen to understand, are responsive and consult with purpose to deliver value.
About Forvis Mazars, LLP
Forvis Mazars, LLP is an independent member of Forvis Mazars Global, a leading global professional services network. Ranked among the largest public accounting firms in the United States, the firm’s 7,000 dedicated team members provide an Unmatched Client Experience through the delivery of assurance, tax, and consulting services for clients in all 50 states and internationally through the global network. Visit forvismazars.us to learn more.
Forvis Mazars, LLP is an equal opportunity / affirmative action employer. Employment selection and related decisions are made without regard to age, race, color, sex, sexual orientation, national origin, religion, genetic information, disability, protected veteran status, gender identity, or other protected classifications.
It is Forvis Mazars, LLP standard policy not to accept unsolicited referrals or resumes from any source other than directly from candidates.
Forvis Mazars, LLP expressly reserves the right not to consider unsolicited referrals and / or resumes from vendors including and without limitation, search firms, staffing agencies, fee-based referral services, and recruiting agencies.
Forvis Mazars, LLP further reserves the right not to pay a fee to a recruiter or agency unless such recruiter or agency has a signed vendor agreement with Forvis Mazars, LLP.Any resume or CV submitted to any employee of Forvis Mazars, LLP without having a Forvis Mazars, LLP vendor agreement in place will be considered the property of Forvis Mazars, LLP.
