Model Risk Officer I #188587 Add to Bookmarks Refer a Friend Share Dallas, TX Functional Group Risk/Audit/Fraud Full-time Full-time Job Description Employer Name: Comerica Management Company Position Title: Model Risk Officer I (Commercial and Retail) Position Duties: Validate commercial and retail credit risk models; Challenge models through quantitative analysis, consult on model development and implementation, and evaluate model results submitted through routine monitoring; Conduct independent model testing including evaluation of conceptual soundness and developmental evidence, checking the model's accuracy, demonstrating that the model is robust and stable, assessing potential limitations, and evaluating the model's behavior over a range of input values; Perform quantitative and financial analysis to determine to what extent they align with strategy and contribute to shareholder value; Assess data quality and assumptions relevance, and appropriate documentation especially where management judgment is used; and Manage prioritization, scope and frequency of validation activities based on risk associated with model. Worksite Location: 1717 Main Street, Dallas, Texas 75201 Qualifications U.S. Master's degree or foreign equivalent degree in Mathematics, Statistics, Econometrics, or a closely related quantitative discipline and two (2) years of experience in a risk management position required. Two (2) years' experience must include quantitative analysis using SAS, SQL, and R including logistic regression, decision tree, scorecard risk rating, and cluster analysis for PD, LGD, EAD, ALLL and counterparty credit models. Must also have financial analysis experience using probability theory or statistics. Resume To: Comerica Management Company ATTN: Kimberly Eagle 3701 Hamlin Road Auburn Hills, Michigan, 48326 Work Schedule 8:00am to 5:00pm Monday-Friday Work Location(s) Comerica Bank Tower About Comerica We know that our employees are critical to our overall success. We are dedicated to investing in their future to maintain long-term relationships for lasting commitments. One of the ways we do this is to offer a comprehensive package of compensation and benefits programs which are regularly reviewed to maintain them at competitive levels. Your salary will be commensurate with your work experience. Upon offer, Comerica conducts a comprehensive background check, fingerprint check and a drug test. NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act. Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by the Business Bank, the Retail Bank, and Wealth Management. Comerica's more than 9,000 colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Model Risk Officer I Dallas, TX Part-time Risk/Audit/Fraud 188587 254