What are the responsibilities and job description for the Model Validation Consultant position at JobRialto?
Job Summary :
We are seeking two Model Validation Consultants with expertise in model validation, risk management, and banking / mortgage experience. One consultant will focus on AI / ML model validation, while the other will focus on banking / mortgage experience without the AI requirement.
Key Responsibilities :
- Validate AI / ML models and banking / mortgage models.
- Produce validation reports and interact with the 1st line of defense (model owners, engineers, and governance team) and 2nd line of defense.
- Consider risk, reputational risk, data privacy, and other relevant factors in model validation.
- Assign model usages and ensure compliance with fair lending requirements and other regulations.
Required Qualifications :
Preferred Qualifications :
Certifications (if any) :
Education : Bachelors Degree