What are the responsibilities and job description for the Senior Model Validation Director position at SMBC Group?
The anticipated salary range for this role is between $213,000.00 and $230,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
SMBC is seeking a Senior Model Validation Director with a strong background in compliance and fraud detection models to join the Compliance Model Validation Team in Model Risk & Validation group. This role will validate BSA / AML models and fraud detection models for SMBC Americas Division, providing effective challenges from aspects of model conceptual soundness, model performance, data governance, and ongoing monitoring framework.
Role Responsibilities :
- Conduct end-to-end validations and reviews on BSA / AML and fraud detection models
- Identify model deficiencies through validations, communicate the issue and recommendation to model owners and senior management
- Contribute to automating validation processes by maintaining validation template and developing standardized testing packages
- Supervise junior team members to conduct model validation following FCC model validation standards
- Maintain up-to-date knowledge in AML / fraud regulations and industry best practice
Qualifications and Skills
Salary : $213,000 - $230,000
