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AVP, Model Validation Analyst Resume Example

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AVP, MODEL VALIDATION ANALYST
Summary
Experience banking professional with knowledge of model risk management and data analytics, validating bank-wide models in critical and rigorous manner. Prepare model validation reports and model risk assessments within a strict timeframe. Keen ability to effectively and efficiently challenge model concepts and vet large data.
Highlights
  • Bank Model Validation: AML, Strong knowledge of MS Office Suite
  • Regression, Credit Risk, ALM Strong written, verbal, organizational,
  • Data Analysis and Reconciliation and presentation skills.
  • DFAST Knowledge Self motivated and work effectively
  • Model Development both independently and as a team
  • SR 11-7 framework
  • MS Office Suite (e.g. Excel, PPT, Word)
  • Visual Basic and SQL Programming
  • SR 11-7 Model Risk Management
  • Full Spectrum Knowledge of Bank Risk (e.g. Interest Rate and Credit Risk)
  • Regression Model Validation
  • Dodd Frank Act Stress Testing Model Validation
Accomplishments
  • Revamp and organize model validation process by developing work paper index and format structure.
  • Develop models (i.e.
  • replacement model, regression, financial models) using MS Excel and Visual Basic, challenging conceptual soundness of bank-wide models.
  • Act as lead model validator for 13 bank-wide models and 5 DFAST models, including critical models (i.e.
  • ALLL, AML, ALM).
  • Received praise from model owners on their model validation experience.
  • Passed CFA Level I in June 2015 - CFA Designation Expected in 2017.
Experience
AVP, Model Validation Analyst Sep 2014 to Current
 City National Bank - Los Angeles, CA
  • Perform comprehensive validation of bank-wide models following SR 11-7 framework across a range of risk types, i.e., stress testing, credit risk, operational risk, and interest rate risk.
  • Examine predictive power of forecast models and performed model assumption tests i.e.
  • Breusch-Pagan, Durbin-Watson).
  • Create coded programs using VBA and Excel, replicating results and conduct independent testing.
  • Assessing quality of model outputs through back-testing against realized outcomes, benchmarking against alternative models and other relevant tests.
  • Verify accuracy of model implementation, and reconcile large data inputs.
  • Write model validation reports for distribution and presentation to senior management, model owners, auditors, and bank regulators.
Financial Institutions Examiner Jun 2009 to Sep 2014
 Department of Business Oversight - Los Angeles, CA
  • Conducted re-performance testing of bank reconciliations, as well as verified the accuracy of the regulatory and financial reporting.
  • Reviewed accounting system and principle to determine their functionality, along with US GAAP compliance.
  • Performed budget variance analysis, as well as evaluated key performance indicators.
  • Performed ad hoc financial statement analysis to achieve a forecasting and/or pro forma perspective.
  • Traced and validated general ledger entries.
  • Provided oversight over financial reporting.
  • Reviewed extension and contraction risk of collateralized mortgage obligations and mortgage backed securities based from its CPR, PSA, weighted average life, and price volatility.
  • Conducted credit analysis to determine the default risk within the loan portfolios, as well as reviewed the application of allowance for loan and lease losses to determine its accordance with US GAAP.
  • Participated in Board of Director presentations to convey examination results.
Communication Field Radio Operator Oct 1997 to Aug 2003
 United States Marine Corps - Quantico, VA
  • Conducted occupational field operations in which included the installation,.
  • interconnection, and encryption of communication networks and information systems.
  • used to transmit information and data.
Education
MBA, Finance Arizona State University - Tempe, AZ Finance
Bachelor of Science, Finance California State University - Northridge, CA Finance
Skills
accounting system, ad, bank reconciliations, benchmarking, budget, CPR, credit analysis, Credit Risk, encryption, Data Analysis, senior management, financial reporting, financial statement analysis, forecasting, general ledger, information systems, Director, Excel, MS Office Suite, Word, networks, organizational, presentations, presentation skills, Programming, quality, Risk Management, securities, Self motivated, SQL, Validation, variance analysis, Visual Basic, VBA, written
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Resume Overview

Companies Worked For:

  • City National Bank
  • Department of Business Oversight
  • United States Marine Corps

School Attended

  • Arizona State University
  • California State University

Job Titles Held:

  • AVP, Model Validation Analyst
  • Financial Institutions Examiner
  • Communication Field Radio Operator

Degrees

  • MBA , Finance
    Bachelor of Science , Finance

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