Model Risk Analyst at Sunflower Bank Mortgage Lending in Irvine,CA

Summary: Sunflower Bank, N.A. is a full-service financial institution committed to serving communities and supporting team members. They are seeking a Model Risk Analyst to support the bank-wide Model Risk Management program, focusing on model validation, compliance, and documentation. Responsibilities: - Maintain the model inventory, ensuring it is up-to-date by confirming assigned models have correct attributes (status, owner, risk tier, review dates, etc.) - Assist in model identification, classification, and risk rating - Monitor the end-to-end issues management lifecycle of findings resulting from model validations, including tracking remediation progress and verifying closure documentation - Ensure key details (assumptions, inputs, purpose, limitations) are clearly recorded in model documentation - Perform hands-on validation of new and existing models, challenging conceptual soundness, assumptions, inputs, and performance metrics - Conduct annual reviews and write annual review reports - Act as a key point of contact with model developers and owners to discuss validation findings and provide "effective challenge" - Support requests received from third parties and Internal Audit related to model risk - Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company - Responsible for upholding Fair and Responsible Banking practices and Code of Ethics and Conduct guidelines - Perform other duties as assigned Required Qualifications: - Bachelor's degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field; master's preferred - A minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines - Familiarity with Excel, SQL, Python, R, SAS, or other relevant languages for data analysis and code replication - Advanced Excel skills, conditional formatting, and/or data analysis tools, and familiarity with data visualization tools - Excellent written and verbal communication skills, with the ability to explain complex technical concepts to non-technical stakeholders Required Skills: Model Risk Management, Model Validation, Quantitative Risk Management, Financial Modeling, Excel, SQL, Python, R, SAS, Data Visualization Benefits: 401(k) Plan with 6% Match, Health/Dental/Vision Insurance, Company-paid Life Insurance, Tuition Reimbursement, Fitness Reimbursement, Paid Time Off, Volunteer Leave, Paid Holidays, Plus many more associate perks & incentives!