Quantitative Model Validation Officer III- Loss Forecasting
Company: Truist Bank
Location: Atlanta
Posted on: April 1, 2026
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Job Description:
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requests only; other inquiries won't receive a response). Regular
or Temporary: Regular Language Fluency: English (Required) Work
Shift: 1st shift (United States of America) Please review the
following job description: Under the general supervision of the
Senior Model Validation Officer, perform advanced level model
validation for the corporation. Focus primarily on model validation
and quantitative analysis, but also evaluate other model controls
and serve as a resource for the corporation in all model risk
management related tasks. ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job.
Other duties may be performed, both major and minor, which are not
mentioned below. Specific activities may change from time to time.
1. High performing individual who demonstrates the ability to
perform model validations at an accelerated pace without
sacrificing quality. 2. Self-starter who solves problems with
little to no guidance; brings solutions to the table otherwise. 3.
Independently perform model validations spanning multiple domains
(e.g., credit risk, market risk, capital planning) to assess fit
for purpose, conceptual soundness, mathematical theory and
construct, assumptions, data/assumptions, and output
reasonableness. 4. Evaluate other model controls such as model
performance tracking, change management, access control, and
documentation. 5. Evaluation of validation findings remediation
activity including analytical evaluation of residual risk. 6.
Document all work product in a thorough and concise manner with
minimal review edits needed. 7. Serve as a consultant on model
related projects, performing advanced quantitative analysis on
models in development or models undergoing enhancements/rebuilds.
8. Work effectively as a team member, assisting the Senior Model
Validation Officer, external consultants and/or other analysts in
model validation or other model risk management tasks. 9. Serve as
a resource for the corporation in all model risk management
initiatives, including assisting the business units with the Model
Risk Management policy, procedures, and training materials.
REQUIREMENTS Required Qualifications: The requirements listed below
are representative of the knowledge, skill and/or ability required.
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions. 1. Master's degree
in a quantitative discipline or equivalent education and related
training. 2. Basic computer programming skills (Python, MatLab,
SAS, VBA, etc.). 3. Excellent communication (verbal and written),
organizational and interpersonal skills. 4. High attention to
detail and ability to think at the organizational level. 5. 7 years
of model validation, model development, or similar work experience.
Preferred Qualifications: 6. Ph.D. in quantitative finance,
mathematics, statistics or a related field. 7. One or more of
CFA/PRM/FRM professional designation. 8. Advanced competency
programming in languages such as Java, C++, TensorFlow, SAS etc. 9.
A strong grasp of one or more financial modeling disciplines such
as credit score modeling, asset-liability management, stress
testing, term structure modeling, fraud detection, value-at-risk,
capital planning models, loan loss reserve (CECL) modeling, etc.
General Description of Available Benefits for Eligible Employees of
Truist Financial Corporation: All regular teammates (not temporary
or contingent workers) working 20 hours or more per week are
eligible for benefits, though eligibility for specific benefits may
be determined by the division of Truist offering the position.
Truist offers medical, dental, vision, life insurance, disability,
accidental death and dismemberment, tax-preferred savings accounts,
and a 401k plan to teammates. Teammates also receive no less than
10 days of vacation (prorated based on date of hire and by
full-time or part-time status) during their first year of
employment, along with 10 sick days (also prorated), and paid
holidays. For more details on Truist’s generous benefit plans,
please visit our Benefits site . Depending on the position and
division, this job may also be eligible for Truist’s defined
benefit pension plan, restricted stock units, and/or a deferred
compensation plan. As you advance through the hiring process, you
will also learn more about the specific benefits available for any
non-temporary position for which you apply, based on full-time or
part-time status, position, and division of work. Truist is an
Equal Opportunity Employer that does not discriminate on the basis
of race, gender, color, religion, citizenship or national origin,
age, sexual orientation, gender identity, disability, veteran
status, or other classification protected by law. Truist is a Drug
Free Workplace. EEO is the Law E-Verify IER Right to Work
Keywords: Truist Bank, Roswell , Quantitative Model Validation Officer III- Loss Forecasting, Accounting, Auditing , Atlanta, Georgia