Model Execution Specialist
Bread Financial - Draper, UT
posted about 1 month ago
About the position
The Model Execution Specialist is responsible for performing model execution activities including data collection and preparation, review and challenge of model inputs, execution of statistical and non-statistical models, detailed performance analysis of model outputs, designing, testing, and implementing necessary model adjustments, and other ad-hoc analysis as required. Additionally, the Model Execution Specialist will prepare insightful and actionable presentations of supporting materials to internal and external stakeholders including executive leadership, auditors, and regulators. This role also participates in implementation activities related to new models, including identification and presentation of impacts to stakeholders.
Responsibilities
- Execute assigned models to produce outputs as required. Analyze inputs, processing, and outputs to glean actionable insights for leadership. Anticipate, develop, and defend required model adjustments. Proactively enhance model execution processes, related control environment, and derived insights.
- Summarize results into key insights that are easy to understand and useful for operations and strategic decision-making. Expand suite of analytical insights to gain deeper understanding of business drivers.
- Present key findings and recommended solutions to internal and external stakeholders. Develops key content for analytical presentations that are easy to understand and insightful for non-technical audiences.
- Helps to maintain complete and accurate model and operational processes and procedures. Performs model monitoring and maintenance, reviews, and remediation when necessary. Establish and perform necessary controls and assist with risk and control self-assessments. Ensure that adequate supporting documentation is preserved for model validators and reviewers as well as regulators.
- Partner with internal stakeholders to support model development activities with an execution and business implementation focus.
- Looks for and implements continuous improvements to existing processes and procedures.
Requirements
- Bachelor's Degree in finance, statistics, economics or related field
- 5+ years experience with model development, execution, and analysis in a financial company
- Strong tactical knowledge of CECL and stress testing.
Nice-to-haves
- 7+ years experience or more within model development, execution, and analysis within the credit card industry.
Benefits
- Medical, prescription drug, dental, vision, and other voluntary benefits
- Six weeks of 100% paid parental leave for eligible parents
- 401(k) plan with immediate enrollment
- 11 paid holidays
- Flexible Time Off (FTO) program
- Paid Sick and Safe Time (PSST)
- Company stock purchase options
- Annual incentive bonus based on individual and company performance
