Logo
LanceSoft, Inc.

Model Risk Analyst

LanceSoft, Inc., White Plains, New York, United States

Save Job

This range is provided by LanceSoft, Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range

$74,000.00/yr - $93,000.00/yr Direct message the job poster from LanceSoft, Inc. Hiring for Aerospace, Aviation, Space & Defense, Automotive and Utility/Energy Industries.

Location: White Plains, NY 10601 Type: Permanent/Full-time Salary range: $74,000 - $93,000 per annum. Summary: Perform quantitative analysis on models and assessments of their risks, coordinate with the first line to conduct testing of critical models and document results. Manage the model inventory in the company’s governance solution, ensure timely updates of forms and questionnaires, maintain ongoing contact with model owners and reviewers, and oversee adherence to model risk policies and procedures. Research and applies knowledge of existing and emerging data management principles, theories, and techniques to inform business decisions. Develops tools, techniques, and theories to facilitate ongoing research activities of the organization. Uses predictive and prescriptive analytics tools to forecast what may happen using probabilities and the current confidence levels. Designs, develops, and manages data centric solutions. #LI-CJ1 Responsibilities: Perform statistical, quantitative and qualitative analysis on individual risks and the model risk inventory to identify underlying relationships and assist in the risk roll-up/alignment process Work with the Enterprise and/or Operational Risk team, Client management, and staff to facilitate the Model Risk Management process for risk identification, definition, assessment, analysis, mitigation, and monitoring throughout Client. Generate risk reports for various levels of the organization including the Executive Risk Management and Resilience Committee (ERRMC) and Executive Management Committee (EMC) Work with Enterprise and Operational Risk leadership to ensure effective alignment of the enterprise and operational processes with Internal Audit, Compliance, and the Office of Strategy Management Assist EORM Team in the development of training materials and assist in conducting enterprise and/or operational education/training to various levels of Client Business Units management and staff Update and maintain client’s model risk frameworks, policies, procedures, and other associated risk management documentation Provide support on the implementation and on-going operation of the Governance, Risk, and Compliance (GRC) software module specific to the model risk programs Coordinate the resolution of risk software problems with the vendor or the Client IT department as needed Perform regular updates to the model risk repository, assessment, and reporting tool and ensure integrity of the repository database. Create and maintain up-to-date meeting minutes, reports and related materials for the Enterprise and Operational Risk website. Work with senior EORM Team members to establish and implement the Enterprise and/or Operational Risk task level schedule to ensure timely delivery of assigned work products Knowledge, Skills and Abilities: Working knowledge of various types of risk including, Market Risk, Operational Risk, Credit Risk, Liquidity Risk, Financial Instrument Risk General knowledge of Enterprise-wide Risk management program development and implementation including best practices, frameworks, and associated software systems General knowledge of Strategic Planning, Compliance, and Internal Audit practices Firm understanding of the fundamentals of probabilistic scenario analysis and the associated application to risk management Strong understanding of financial instruments and analysis techniques (value at risk, cash flow at risk, earnings at risk) Proficient in spreadsheet and/or statistical analysis packages. Working knowledge of Access, Word, PowerPoint, statistical software, and MS Project. Understanding of enterprise risk management best practices as they apply to the energy/utility industry Understanding of client’s financial planning tools Ability to prepare and deliver clear and concise summaries and insights with assistance from senior specialists and directors Ability to work and interact with all levels of management and across all Client business units and departments Education, Experience and Certifications: Bachelor’s degree in Business Administration, Finance, Accounting, or Economics Minimum of 2 years directly relevant experience with risk analysis, integration of business processes and development/implementation of enterprise risk programs is preferred Employee Benefits: At LanceSoft, full time regular employees who work a minimum of 30 hours a week or more are entitled to the following benefits: Four options of medical Insurance Dental and Vision Insurance 401k Contributions Critical Illness Insurance Voluntary Permanent Life Insurance Other Employee Perks EEO Employer: LanceSoft is a certified Minority Business Enterprise (MBE) and an equal opportunity employer. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. LanceSoft makes hiring decisions based solely on qualifications, merit, and business needs at the time. Seniority level

Seniority level Associate Employment type

Employment type Full-time Job function

Job function Other, Finance, and Research Industries Utilities, Financial Services, and Business Consulting and Services Referrals increase your chances of interviewing at LanceSoft, Inc. by 2x Inferred from the description for this job

Medical insurance Vision insurance 401(k) Pension plan Paid maternity leave Paid paternity leave Get notified about new Risk Analyst jobs in

White Plains, NY . New York City Metropolitan Area $140,000.00-$170,000.00 6 days ago East Rutherford, NJ $80,000.00-$90,000.00 2 weeks ago New York City Metropolitan Area $400,000.00-$500,000.00 1 week ago Purchase, NY $85,000.00-$140,000.00 3 weeks ago Suffern, NY $125,000.00-$160,000.00 10 hours ago Director/Senior Manager, Enterprise Risk Management-Global Leading Investment Management-Excellent Internal Growth!

New York City Metropolitan Area 4 weeks ago New York City Metropolitan Area $150,000.00-$200,000.00 1 week ago Somers, NY $90,000.00-$100,000.00 1 week ago New York City Metropolitan Area 2 days ago New York City Metropolitan Area $130,000.00-$200,000.00 3 weeks ago New York City Metropolitan Area $140,000.00-$190,000.00 3 weeks ago Finance Analyst - Financial Planning & Analysis

AVP Senior Credit Operations/Ops Analyst

New York City Metropolitan Area $130,000.00-$200,000.00 2 days ago New York City Metropolitan Area $140,000.00-$160,000.00 9 hours ago New York, NY $130,000.00-$175,000.00 1 week ago Manager, Credit Risk Strategy – Insurance (Relocation Required to Midwest)

New York City Metropolitan Area $150,000.00-$170,000.00 3 weeks ago New York, NY $100,000.00-$156,600.00 1 week ago New York City Metropolitan Area $40.00-$45.00 3 weeks ago Weehawken, NJ $110,000.00-$157,000.00 2 weeks ago New York, NY $130,000.00-$180,000.00 2 weeks ago Process Risk Experienced Manager (Banking and Asset Management Internal Audit)

New York City Metropolitan Area 1 week ago Employee Benefits Underwriter/Financial Analyst - Syosset, NY

Syosset, NY $60,000.00-$75,000.00 1 day ago New York City Metropolitan Area 1 day ago Grants & Contracts Specialist (Financial Analyst)

New York City Metropolitan Area $58,661.00-$80,000.00 1 week ago New York, NY $70,000.00-$75,000.00 13 hours ago New York, NY $185,000.00-$245,000.00 1 week ago Data Governance Analyst – Risk Management

New York City Metropolitan Area $90,000.00-$135,000.00 6 days ago Purchase, NY $110,000.00-$190,000.00 4 weeks ago 1L Financial Crimes Risk, Data Analytics and Reporting Analyst

Purchase, NY $95,000.00-$120,000.00 1 week ago New York City Metropolitan Area 1 day ago White Plains, NY $40.00-$50.00 23 hours ago Financial Services Risk Management, Structured Finance - Transactions, Manager

New York, NY $117,100.00-$214,500.00 1 day ago New York City Metropolitan Area 4 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr