Address
Form of workProfessional who uses quantitative methods to help the Bank make decisions and lower risk. The model owner should have experience in using, managing, or developing models that perform ID verification, Know Your Customer (KYC), and Fraud, as well as experience with data aggregator tools that assist the bank in account decisioning and processes. They should have strong data analytics skills.
Responsibilities- Develop statistical models
- Analyze and clean large volumes of data to prepare for use in a model.
- Develop and maintain model documentation
- Conduct monitoring activities such as back-testing, sensitivity analysis, and scenario testing
- Implement model change management process
- Assist in preparing mitigation plans to close or mitigate validation findings
- Assist in providing all necessary information, data and documentation for validation activities
- Perform code updates, maintenance, debugging, and testing of existing models.
- Assist line of business with any technical or support questions
- Document model findings, performance and communicate results to leaders and project stakeholders.
- Train users and other team members on how to use and maintain the models.
- Own and manage:
- MANTL platform
- MaxMyInterest
- FIS BizChex and QualiFile models
- Other designated models
- Contribute analytic support to executive management of the retail and small business banking team
- Perform Operation Risk Review as defined
- Potentially involved in projects such as product development, risk management, and defining customer personas
Job Skills and Qualifications:
- Bachelor's degree in Mathematics, Statistics, Economics, or a related quantitative field
- Proficiency in at least one widely used programming language preferred
- Demonstrated expertise in econometric modeling and statistical analysis
- Strong written and verbal communication skills
- Experience analyzing bank data for Model Development
- Knowledgeable in artificial intelligence and machine-learning techniques
- 2-5 years of relevant experience
- Master's degree in a quantitative field
- Strong Time Series Analysis and Forecasting skills are a plus
Company Overview:
Truth in Texas Banking. That's what we're about. Founded in 2010, we are one of the ten largest banks headquartered in the state of Texas. We became a publicly traded company in 2014 and in 2020 and 2021 we were listed on Fortune's 100 Fastest Growing Companies. Headquartered in Dallas, Texas, we've built a bank forever rooted in truth, transparency, and uncompromising integrity.
We know our strongest asset is the passion, authenticity, and talent of our people. We focus on the growth and development of each team member to unlock potential to "Be Your True Self." Our "True You" culture is made up of five pillars:
With this as our foundation, we've built a bank of people who are transparent, tell the truth, and act with integrity. We unite together in common purpose - caring deeply for our clients and communities, communicating openly with each other, and treating everyone with respect. Visit our website at www.VeritexBank.com and come see how we're bringing truth and transparency to Texas banking.
Veritex Community Bank does not accept unsolicited resumes from recruiters or employment agencies. Veritex Community Bank is under no obligation to pay any referral compensation or recruiter fee in the absence of a current executed Recruitment Services Agreement. In the event a recruiter or agency submits an unsolicited resume or candidate without an agreement, Veritex reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Veritex Community Bank.
If your agency would like to be considered as a potential future recruiting partner, please leave your contact information at Recruiting@VeritexBank.com.
Work environment and Physical demands: The employee may occasionally lift and/or move up to 25 pounds. The employee may occasionally stand, walk, reach, climb, balance, stoop, kneel, crouch, or crawl. The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Disclaimer: This job description is not an inclusive list of all duties and responsibilities of the position. Incumbents will be required to follow any other job- related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Veritex Bank reserves the right to amend and change responsibilities to meet business and organizational needs.
This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. Veritex Community Bank is an equal opportunity employer. Veritex Community Bank Corporate Human Resources, Dallas, Texas.
Employment Type: FULL_TIME
