Quantitative Model Validation Officer I
Company: Truist Bank
Location: Charlotte
Posted on: April 7, 2026
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Job Description:
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accommodation. Send an email to Accessibility (accommodation
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. Independently perform model validations spanning credit risk,
market risk, and capital planning domains to assess fit for
purpose, conceptual soundness, mathematical theory and construct,
assumptions, data/assumptions, and output reasonableness. 2. Work
with Senior Model Validation Officer on more complex model
validation findings and remediation. 3. Evaluate other model
controls such as model performance tracking, change management,
access control, and documentation. 4. Evaluation of validation
findings remediation activity including analytical evaluation of
residual risk. 5. Document validation effort in the form of a
written report. 6. Directly support and assist in the duties of the
Senior Model Validation Officer. 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. Preferred
Qualifications: 5. Ph.D. in quantitative finance, mathematics,
statistics or a related field. 6. One or more of CFA/PRM/FRM
professional designation. 7. Advanced competency programming in
languages such as Java, C++, TensorFlow, SAS etc. 8. Exposure to
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, Hickory , Quantitative Model Validation Officer I, Accounting, Auditing , Charlotte, North Carolina
