Model Validation Analyst

Company: East West Bank -
Location: Pasadena
Posted on: January 28, 2025

Job Description:

IntroductionSince 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities. Our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates' potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, enterprising spirit, and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.OverviewEast West Bank is seeking a Model Validation Analyst to join the Bank's Model Risk Management (MRM) group.ResponsibilitiesThe Model Validation Analyst will be responsible for helping to maintain, improve and execute the Bank's MRM framework, standards and processes. This will include performing model assessment, independent model validation, validation result reporting, ongoing model risk maintenance related tasks, and model validation finding management and closure evaluation.Qualifications

• Master's degree in quantitative field such as mathematics, statistics, economics, or financial engineering.
• Proficient in mathematics, statistics, and statistical modeling techniques.
• Basic knowledge of financial products and/or quantitative modelling in the financial industry.
• Highly proficient in MS Office applications.
• Proficient in programming, such as SQL, R, or Python.
• Intellectually curious, self-motivated with strong interests in modeling techniques.
• Excellent analytical, verbal, written, and interpersonal communication skills with a strong attention to detail and accuracy.
• Ability to work both independently and in a team-oriented, collaborative environment.
• Detail-oriented, results-driven, and able to balance priorities in a dynamic environment.
• Excellent work ethics.CompensationThe base pay range for this position is USD $95,000.00/Yr. - USD $130,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
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Keywords: East West Bank -, Los Angeles , Model Validation Analyst, Professions , Pasadena, California