Model Validation Officer

At Pinnacle, our goal is to create an atmosphere where people become fully engaged, enjoy what they're doing and be successful. We work to ensure that every associate embraces what makes Pinnacle different and unique. For us, it starts with hiring the right people.

• We hire like-minded individuals who share our values of Integrity, Fairness, Learning, Results, Partnership, Balance, and Discipline.
• We hire experienced professionals who understand the industry and provide effective advice.
• We hire candidates who demonstrate a passion for client service. People who understand that distinctive service is more than smiling and being friendly - it's about creating a client experience that is unmatched.

But attracting the right people is only half the battle. We have to ensure that every associate understands their actions affects the outcomes of the firm. Our Position Descriptions are not designed to list every aspect of a position but to serve as a general overview.

SUMMARY OF POSITION:

A Model Validation Officer should demonstrate commitment to delivering distinctive service. This position will be responsible for reviewing and assessing models as part of Pinnacle's Model Risk Management framework. This position will operate as an integral role in mitigating risk to the firm by working across functional teams, ensuring compliance with the Model Risk Management Policy, and helping promote awareness of Pinnacle's standards as it relates to MRM.

PRIMARY RESPONSIBILITIES:

• Provide distinctive service to clients and prospects, in person and over the telephone. Respond to client inquiries and satisfactorily resolve client issues. Support firm-wide achievement of the three-ring standard (all phones answered by a live person within three rings).
• Perform model validations for models which are validated in-house to include effective challenge of model assumptions, processes, output, etc.
• Partner with model owner(s), developer(s), and user(s) to perform day-to-day responsibilities.
• Partner with third party independent validators, where applicable, and provide effective. challenge to ensure third party validations meet our standards.
• Perform model reviews; includes partnering with model owners.
• Maintain overall compliance with the MRM Policy.
• Support the process of designing, developing, delivering, and maintaining Pinnacle's standards, guidance, practices, templates, and other documentation regarding model validation process.
• Be a valued partner and trusted advisor to our constituencies across the firm.
• Meet all the client's financial needs, both business and personal, and refer clients to other specialty areas such as Trust, Investments, Insurance, Treasury Management, etc. as appropriate.
• Assist other team members as needed to ensure delivery of distinctive service.
• Perform other related duties and responsibilities as assigned.

Description of Experience, Education and Training:

• Bachelor's degree is required - finance or business-related field.
• Minimum of 10 years' experience in financial services or risk management.
• Proficient with SAS Enterprise Guide.
• Proficient in Microsoft Office Suite or related software; especially Excel, PowerPoint, and Word.
• Experience with model risk management.
• Knowledge of financial markets and products.

Description of Capabilities, Physical Requirements and Abilities:

• Excellent interpersonal skills, including verbal and written communication skills.
• Effective analytical and problem-solving ability with a strong attention to detail.
• Ability to work independently as well as collaboratively and prioritize daily tasks.
• Ability to multi-task, work well under pressure and committed to deliver under tight deadlines.
• Proven adept and meticulous at analysis and documentation.
• Excellent client service skills. Tact and diplomacy in dealing with both clients and associates.
• The physical activities of this job include but are not limited to the ability to stand and sit for prolonged periods of time, use of manual dexterity, verbal communication, visual acuity, repetitive motion, and the ability to hear. Often long periods of mental concentration are required. Other activities are the ability to bend, climb, balance, stoop, kneel, crouch, reach, walk, push, pull, lift, and grasp.

POSITION STATUS: EXEMPT

DATE: 09.20.2022

Pinnacle is an Equal Opportunity and Affirmative Action Employer committed to supporting a culture of inclusivity that builds a diverse workforce so we can support the many different communities we serve. All otherwise qualified associates and applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender expression and/or identity, national origin, age, genetic information, disability, protected military or veteran status, pregnancy or pregnancy-related conditions, or other status protected by law.