Cathay Bank
Join to apply for the
Model Risk Governance Analyst
role at
Cathay Bank Join to apply for the
Model Risk Governance Analyst
role at
Cathay Bank Get AI-powered advice on this job and more exclusive features. People Drive Our Success
Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members’ drive and optimism. Together we can make a difference in the financial future of our communities.
Apply today!
What Our Team Members Are Saying
Video Clip 1
Video Clip 2
Video Clip 3
Learn more about us at cathaybank.com
General Summary
The Model Risk Governance Analyst is responsible for the execution of key model governance activities, a vital component of the Bank’s model risk program. The position requires developing, maintaining and operating a GRC Tool in support of required model governance activates including model inventory maintenance, validation finding workflows, model owner attestations, and model risk reporting. The Model Risk Governance Analyst will also be responsible for ensuring business processes related to models are followed; documenting and presenting observations to the Model Risk Manager, tracking remediation progress; coordinating model validations projects, and preparing reporting dashboards.
Essential Functions
Take overall responsibility for a GRC tool (ModelEdge) implementation and maintenance, a cornerstone of the Bank’s model risk management program. ModelEdge houses the Bank’s centralized inventory of models and User Defined Applications (UDAs) along with associated information and supports the execution of Banks model risk management program. Provide Model Edge user support, enabling model owners to maintain and access current information on their models, documentation, model findings and performance monitoring metrics. Develop and produce reports in support of the execution of the Bank’s model risk management program and reporting to executives and Board committees. Support the execution of the model control framework including model identification, model risk rating, finding issuance and remediation, and ongoing model monitoring. Lead the quarterly model attestation process with model owners, a process designed to ensure model inventory data is kept current, ensure coordination with model owners, and support model risk assessments. Manage workflows associated with model validation findings including issuance, recording, reporting and remediation. Track model performance KRIs and prepare appropriate dashboard and risk reporting. Lead and maintain User Developed Application identification and ongoing monitoring process. Manage third parties that conduct model validations on the Bank’s behalf. Responsibilities include writing RFPs, specification of SOWs consistent with Bank’s needs, vendor selection, coordination with internal model owners and the review and acceptance of work products.
Qualifications
Education: Bachelor’s degree in Business, Economics, Finance, Accounting, or related field required. Experience: Prefer 2 years’ experience in Finance, Risk, Accounting. Experience with Model Risk Management programs a plus. Experience maintaining large data sets and Risk Reporting. Experience with GRC tools (ModelEdge, Archer, Service Now, or SharePoint is a plus. Skills/Ability: Strong data manipulation and management skills (Excel, SQL). General knowledge of banking products. Strong analytical and reasoning skills. Good verbal and written communication skills.
Other Details
$80K – $100K / year
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.
Cathay Bank offers its
full-time
employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
Click here to view the “Know Your Rights: Workplace Discrimination is Illegal” Poster:
Poster- English
Poster- Spanish
Poster- Chinese Traditional
Poster- Chinese Simplified
Cathay Bank endeavors to make www.CathayBank.comaccessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com.
This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function General Business, Management, and Business Development Industries Banking Referrals increase your chances of interviewing at Cathay Bank by 2x Sign in to set job alerts for “Model” roles.
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Model Risk Governance Analyst
role at
Cathay Bank Join to apply for the
Model Risk Governance Analyst
role at
Cathay Bank Get AI-powered advice on this job and more exclusive features. People Drive Our Success
Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members’ drive and optimism. Together we can make a difference in the financial future of our communities.
Apply today!
What Our Team Members Are Saying
Video Clip 1
Video Clip 2
Video Clip 3
Learn more about us at cathaybank.com
General Summary
The Model Risk Governance Analyst is responsible for the execution of key model governance activities, a vital component of the Bank’s model risk program. The position requires developing, maintaining and operating a GRC Tool in support of required model governance activates including model inventory maintenance, validation finding workflows, model owner attestations, and model risk reporting. The Model Risk Governance Analyst will also be responsible for ensuring business processes related to models are followed; documenting and presenting observations to the Model Risk Manager, tracking remediation progress; coordinating model validations projects, and preparing reporting dashboards.
Essential Functions
Take overall responsibility for a GRC tool (ModelEdge) implementation and maintenance, a cornerstone of the Bank’s model risk management program. ModelEdge houses the Bank’s centralized inventory of models and User Defined Applications (UDAs) along with associated information and supports the execution of Banks model risk management program. Provide Model Edge user support, enabling model owners to maintain and access current information on their models, documentation, model findings and performance monitoring metrics. Develop and produce reports in support of the execution of the Bank’s model risk management program and reporting to executives and Board committees. Support the execution of the model control framework including model identification, model risk rating, finding issuance and remediation, and ongoing model monitoring. Lead the quarterly model attestation process with model owners, a process designed to ensure model inventory data is kept current, ensure coordination with model owners, and support model risk assessments. Manage workflows associated with model validation findings including issuance, recording, reporting and remediation. Track model performance KRIs and prepare appropriate dashboard and risk reporting. Lead and maintain User Developed Application identification and ongoing monitoring process. Manage third parties that conduct model validations on the Bank’s behalf. Responsibilities include writing RFPs, specification of SOWs consistent with Bank’s needs, vendor selection, coordination with internal model owners and the review and acceptance of work products.
Qualifications
Education: Bachelor’s degree in Business, Economics, Finance, Accounting, or related field required. Experience: Prefer 2 years’ experience in Finance, Risk, Accounting. Experience with Model Risk Management programs a plus. Experience maintaining large data sets and Risk Reporting. Experience with GRC tools (ModelEdge, Archer, Service Now, or SharePoint is a plus. Skills/Ability: Strong data manipulation and management skills (Excel, SQL). General knowledge of banking products. Strong analytical and reasoning skills. Good verbal and written communication skills.
Other Details
$80K – $100K / year
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.
Cathay Bank offers its
full-time
employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
Click here to view the “Know Your Rights: Workplace Discrimination is Illegal” Poster:
Poster- English
Poster- Spanish
Poster- Chinese Traditional
Poster- Chinese Simplified
Cathay Bank endeavors to make www.CathayBank.comaccessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com.
This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. Seniority level
Seniority level Not Applicable Employment type
Employment type Full-time Job function
Job function General Business, Management, and Business Development Industries Banking Referrals increase your chances of interviewing at Cathay Bank by 2x Sign in to set job alerts for “Model” roles.
Los Angeles, CA $50,000.00-$240,000.00 14 hours ago Los Angeles, CA $90,000.00-$110,000.00 1 month ago Los Angeles, CA $50,000.00-$240,000.00 2 weeks ago City of Industry, CA $26.10-$50.00 1 day ago Los Angeles Metropolitan Area $130,000.00-$175,000.00 2 weeks ago Los Angeles Metropolitan Area $105,000.00-$115,000.00 2 weeks ago Leasing Professional (Lease Up) - Broadstone Inkwell
Entrepreneur in Residence (Future CEO / Founder) - Los Angeles, CA
City of Industry, CA $26.10-$50.00 2 weeks ago Associate, Private Markets Clients (2025 Start Dates)
Retail Part-Time Keyholder - Savage X Fenty (Glendale Galleria - Glendale, CA)
Retoucher (Favorite Daughter, Joe’s Jeans, Hudson Jeans, and Herve Leger)
Los Angeles Metropolitan Area $80,000.00-$85,000.00 2 weeks ago Visual Associate, Part Time Flex, Brea - Pottery Barn
City of Industry, CA $26.10-$50.00 2 weeks ago Burbank, CA $75,000.00-$90,000.00 2 weeks ago Beverly Hills, CA $115,000.00-$125,000.00 1 week ago General Interest (Don’t see the right job listed?)
Full-Time, Staff Counselor -12-Month (3 Positions)
Long Beach, CA $85,524.00-$153,252.00 2 months 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