Fifth Third Bank, N.A. Model Controls Analyst - Model Risk Management in Cincinnati, Ohio
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GENERAL FUNCTION: Responsible for assisting the Manager of Model Governance and Controls and/or the Senior Model Process Governance Analyst with the ongoing support of the Model Risk Management program within the Bancorp. Responsibilities include, but are not limited to, assisting in performing the control sections of model validations, maintaining validation issues, reviewing model documentation, reviewing results of audits and regulatory reviews for identification of known issues. This person will partner with the LOB to ensure that controls are in place for security, change management and ongoing monitoring of the models. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.
ESSENTIAL DUTIES & RESPONSIBILITIES:
Demonstrated ability to initiate tasks, manage multiple tasks and roles, and meet deadlines.
Desire and ability to learn the basics of model validation controls and governance and Risk Management areas (Credit Risk, Market Risk, Operational Risk, etc.).
Complete the control sections of model validations by partnering with Lines of Business and quantitative analyst to complete required sections for validation (specifically the Documentation, BCP, DRP, Security, Approval, Change Management, and Known Issues sections).
Assist in maintaining the Model Issue Tracking Database.
Assist in maintaining the Model Inventory.
Perform peer reviews on Governance Analyst drafted validation sections prior to submission for manager review.
Other projects/tasks as assigned by the Senior Model Process Governance Analyst, Manager of Model Governance and Controls, or the Chief Model Risk Officer.
SUPERVISORY RESPONSIBILITIES: None.
MINIMUM KNOWLEDGE, SKILLS & ABILITIES REQUIRED:
Bachelor's degree or equivalent experience.
Minimum 2 years experience.
Project/Process Management background.
IT skills including Microsoft products.
Effective communication skills.
Effective communication skills.
Model Controls Analyst - Model Risk Management
LOCATION -- Cincinnati, Ohio 45263
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Fifth Third Bank, National Association is one of the top-performing banks in the country, with a history that spans more than 150 years. We’ve staked our claim on looking at things differently to make banking a Fifth Third better. This applies to our relationships with customers and employees alike.We employ about 18,000 people while offering:• A chance for employees to build their future, with supportive career development and comprehensive health and financial wellness programs.• An environment where we win together by celebrating achievements and working collaboratively.• An opportunity to make a difference in a positive and lasting way. Everything we do is geared toward improving lives.We’re proud that Fifth Third is a warm and caring place to grow – as a customer and as a team member.
Fifth Third Bank, N.A.
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