Director of Model Validation

Location US-SC-Greenville
ID 2025-1210
Category
Risk Management
Position Type
Full-Time
Remote
No

Overview

United Community is seeking a Director of Model Validation to lead UCBI’s model validation program in compliance with SR 11-7. This role involves executing high-risk validations, managing a team of junior validators, and ensuring best practices in model risk management. The Director will also assist with annual risk assessments, validation scheduling, and reporting on model risk activities.

What You’ll Do

  • Lead Model Validation Program: Oversee internal and external validators to ensure high-quality validation across UCBI’s model inventory.
  • Perform Independent Validations: Conduct validations for credit risk, valuation, ALM, fraud, BSA/AML, operations, and marketing models.
  • Collaborate with Stakeholders: Engage with model owners, developers, and other stakeholders to provide effective challenge throughout the model lifecycle.
  • Risk Assessment & Planning: Assist in annual risk assessments, schedule validations, and track findings.
  • Regulatory Compliance: Apply regulatory guidance (SR 11-7, OCC Bulletin 2011-12) during validations and maintain compliance standards.
  • Research & Continuous Improvement: Stay current on modeling best practices and validation techniques.
  • Reporting & Documentation: Review model documentation and prepare model risk-related reports.

Requirements For Success

Required Skills/Experience/Education:

  • Bachelor’s degree in Statistics, Econometrics, Economics, Mathematics, or related quantitative field.
  • Minimum 5 years of relevant experience; advanced degree plus 3 years preferred.
  • Strong knowledge of quantitative analysis and statistical techniques.
  • Proficiency in Python (advanced), R, MATLAB, or SQL.
  • Prior experience in model validation, development, or risk management.
  • Familiarity with regulatory requirements (SR 11-7, ECOA, FCRA).

Preferred Skills/Experience/Education:

  • Advanced degree (Master’s or Ph.D.) or professional certifications.
  • Experience with financial modeling, machine learning, and AI applications.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to lead and mentor junior analysts.

 

Supervisory Responsibility

This position supervises certain validation activities and mentor’s junior analysts. May manage validation-related projects.

 

Working Environment & Physical Demands

  • Schedule flexibility for evenings/weekends as needed.
  • Up to 20% travel required.

Conditions of Employment

  • Must pass background and credit check.
  • Full-time position.

FLSA Status: Exempt

We do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state, or local protected class. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Pay Range

USD $0.00 - USD $0.00 /Yr.

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