Model Risk Lead

Lead Model Risk📍 Indianapolis, IN (Relocation Support Available) 💰 $100,000 – $130,000 Base + 10% BonusWe are partnering with a well-established financial institution seeking a Lead Model Risk professional to join their Enterprise Risk function.This is a high-impact role where you will independently assess and validate complex financial models used across the organisation. You’ll play a key part in ensuring models are robust, accurate, and aligned with regulatory expectations.The RoleYou will:Lead validations of financial models including credit risk, interest rate, mortgage, and asset-liability management modelsConduct quantitative testing including backtesting, stress testing, benchmarking, and scenario analysisAssess model methodology, assumptions, controls, and documentationProduce detailed validation reports and present findings to stakeholdersReview and challenge model changesSupport regulatory exams and audit reviewsDevelop benchmarking tools and potentially leverage machine learning techniquesContribute to model inventory oversight and ongoing model performance monitoringThis role sits within Enterprise Risk and offers strong exposure to senior stakeholders.What We’re Looking For3–7+ years’ experience in Model Risk, Model Validation, or quantitative financial modellingStrong understanding of capital markets / market risk modelsExperience with fixed income products, interest rate models, credit risk models, or mortgage modelsProficiency in Python (strongly preferred), R, MATLAB, or similarStrong analytical and report-writing skillsAbility to clearly communicate complex technical conceptsAdvanced quantitative degree preferred (Finance, Statistics, Mathematics, Economics, Computer Science or similar).Why Consider This Role?Strong visibility within Enterprise RiskBroad exposure across complex financial modelsStable, well-capitalised institutionCompetitive compensation with relocation supportIf you’re looking to step into a lead-level validation role with real ownership and regulatory exposure, this is an excellent opportunity.