Model Validator (Mid-Level) - Fraud/AML

About the role

As a dedicated Model Validator (Mid-Level) , you will execute model risk validation oversight for the life-cycle management of models which includes conducing model validation activities. Executes the model validation oversight process compliant with the written risk and compliance policies and procedures which require independence from model stewards (e.g., model owners, developers, implementers, users, and other stakeholders) throughout the lifecycle of the model's use and maintenance. We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, or Tampa, FL. Relocation assistance is not available for this position.

Responsibilities

• Executes independent model validation control activities for lower risk, in-house and vendor, models. Conducts validation activities for low-risk, in-house models, and assists, under supervision and in collaboration with peers, on higher risk, complex and vendor models.
• Conducts back-testing, diagnostic testing, sensitivity analysis, benchmarking, and other validation tests/analyses on lower risk models; collaborates with senior-level validators for higher risk models.
• Executes and assists in replicating model development and may help develop challenger models through principles of predictive modeling, machine learning, time-series modeling/forecasting, stress testing, heuristic models, actuarial models, and/or other techniques.
• Reviews at a working experience level the end-to-end life-cycle management of model development, implementation, ongoing monitoring, and use in areas of Banking and Insurance (Property & Casualty and Life) along with their corresponding business support functions and operational processes.
• Assesses the materiality of model changes and conducts model change validations.
• Produces and delivers validation reports and related validation work to model validation management and model stakeholders.
• Executes the independent model validation process compliant with the written risk and compliance policies and procedures at a working experience level. Evaluates model risk control strengths around model development, implementation, and use.
• What you have:
• Experience communicating verbally and in-writing quantitative/technical concepts and conclusions to non-technical audiences and senior leadership.
• What sets you apart:
• US military experience through military service or a military spouse/domestic partner.
• Model development or validation in Fraud, Anti-Money Laundering (AML), Member Identity and Access Management.
• Compensation range: The salary range for this position is: $93,770 - $179,240 .
• USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).
• Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your e

Benefits

Additional Information

Why USAA? At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families. Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful. We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

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