Model Risk Manager

📋 Description

• Perform independent validations and reviews of internally developed and third-party models across
• Evaluate each model’s methodology, assumptions, data quality and lineage, implementation, and
• Provide credible and constructive challenges to model developers, owners, and users while
• Assess model risk and materiality based on a model’s inherent risk, purpose, exposure, use, and
• Help maintain a complete and accurate model inventory, including model ownership, risk rating
• Review ongoing monitoring plans and results, including performance thresholds, overrides, data

🎯 Requirements

• 5+ years of relevant experience in model validation, model development, quantitative risk
• Bachelor’s degree in Statistics, Mathematics, Physics, Computer Science, Engineering, Financial
• Strong knowledge of model risk management principles and current regulatory expectations, including
• Intensive experience validating or developing models in one or more areas such as BSA/AML, fraud
• Proficiency with SQL and Python (from a data analytics lens); comfortable building understanding of
• Strong written and verbal communication skills; you can explain model risk to a data scientist and

🎁 Benefits

• The total rewards package at Mercury includes base salary, equity (stock options/RSUs), and