Model Risk Management Senior Analyst Model Risk M

Backu00a0Model Risk Management Senior Analyst - Model Risk Management#51-8798u00a0Multiple LocationsApplyu00a0Xu00a0 Facebooku00a0 LinkedInu00a0 Emailu00a0 Copyu00a0Locationu00a0This position is 100% remote within the Bank's footprint. Employee will work full time remote outside of a WesBanco location (may occasionally attend in person meetings, although primary functions of the role are performed remotely).u00a0Marketu00a0Wheelingu00a0Work Hours per Weeku00a037.5u00a0Requirementsu00a0Graduate degree in Statistics, Mathematics, Economics or other related field required.Quantitative analysis experience in a discipline relevant to risk management to include statistical analysis, mathematical modeling required; experience within consulting or banking preferred.Experience with analytical tools such as Python, R, MATLAB, SAS, SQL, MS Office required.Experience in quantitative modeling or validation preferred.u00a0Job Descriptionu00a0SUMMARY:Model risk management (MRM) refers to the overseeing of risk defined by potential adverse consequences from decisions based on incorrect or misused models. MRM aims to employ techniques, practices or behaviors that will identify, measure and mitigate model risk across the Bank - the potential of model error or wrongful model usage.u00a0The MRM Senior Analyst will support the SVP MRM Officer in the implementation and execution of Bank-wide MRM policies, standards and procedures, including model validation, model governance and performance monitoring, in conformance with regulatory guidance. The MRM Senior Analyst will attend and participate in meetings with the SVP MRM Officer and Senior Bank Management.u00a0ESSENTIAL DUTIES AND RESPONSIBILITIES:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Supports the creation and maintenance of the Bank-wide model inventory and model risk rating.Assists the SVP MRM Officer in performing independent validation and testing of Bank-wide risk models in accordance with MRM Policy as well as Model Validation Standards, Procedures and Templates.Evaluates the conceptual soundness of model specifications; the reasonableness of assumptions and reliability of inputs; the completeness of testing performed to support the correctness of the implementation; the robustness of numerical aspects; the suitability and comprehensiveness of performance metrics and risk measures associated with use of models.Assesses and measures the potential impact of model limitations, parameter estimation error or deviations from model assumptions; compares model outputs with empirical evidence and/or outputs from model benchmarks.Documents and presents observations to SVP MRM Officer and to model owners and users; recommends management action plans, and tracks remediation progress.Evaluates and monitors model performance reports on an on-going basis to ensure models remain valid, as well as contributes to the Bank-wide model risk and control assessment.Provides on demand support during regulatory exams of MRM and periodic reviews performed by Internal Audit.Engages in continued education through the company's internal training webinars.Performs any other MRM-related tasks as needed.Other duties may be assigned.u00a0OTHER

Created: 2026-04-27