Third-Party Model Analyst

Location US-SC-Greenville
ID 2025-1225
Category
Risk Management
Position Type
Full-Time
Remote
No

Overview

United Community is seeking a Third-Party Model Analyst to support our portfolio of vendor-developed models. This role partners with external model providers and internal stakeholders to ensure models are well-understood, properly documented, and effectively monitored throughout their lifecycle. Reporting to the Director of Model Risk Management, the analyst will create technical documentation, support model governance, and assist with ongoing monitoring activities in compliance with SR 11-7 and UCBI guidelines.

What You’ll Do

  • Draft model development and monitoring documentation to meet internal governance standards.
  • Collaborate with model owners, validators, and risk managers to gather information and translate technical concepts into clear documentation.
  • Challenge and engage vendor model engineers to understand design, methodology, assumptions, and intended use.
  • Support ongoing monitoring activities, including performance tracking, data quality assessments, and usage reviews.
  • Assist with model testing efforts such as UAT, backtesting, benchmarking, and sensitivity testing.
  • Maintain model inventory records and ensure documentation is current and compliant.
  • Develop clear, comprehensive documentation for statistical and financial vendor models across fraud, credit, marketing, and accounting.
  • Conduct interviews with subject matter experts and collaborate across teams to close documentation gaps.
  • Perform replication and backend performance assessments for vendor models.
  • Create training materials and user guides for model implementation and usage.
  • Manage peer reviews of documentation and support requests from Enterprise Risk Management, Model Risk Management, and Internal Audit.

Requirements For Success

Required Skills/Experience/Education:

  • Bachelor’s degree in Statistics, Mathematics, Computer Science, Finance (advanced degree preferred).
  • Minimum 3 years of experience in model development, validation, or quantitative analytics (financial services preferred).
  • Proficiency in statistical and financial modeling concepts; familiarity with Python, R, or SAS.
  • Strong understanding of SR 11-7 and model risk management principles.
  • Excellent technical writing and communication skills.

Preferred Skills/Experience/Education:

  • 5 years of experience in model development or validation.
  • Experience creating documentation for complex statistical and financial models.

 

Supervisory Responsibility

This position does not manage employees.

 

Working Environment & Physical Demands

  • Professional office environment in Greenville, SC.
  • Schedule flexibility for evenings/weekends as needed.
  • Up to 10% travel required.

Conditions of Employment

  • Must be able to pass a criminal background & credit check
  • This is a full-time, non-remote position

 

FLSA Status: 

  • Exempt

 

We are an Equal Opportunity Employer and 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 accommodations 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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