More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.
With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
Join a collaborative team dedicated to strengthening safe and sound banking practices through effective model risk management. In this role, you’ll play a critical part in validating and monitoring complex models that inform key business decisions. Your work will help ensure accuracy, compliance, and confidence across the organization.
In this role you'll
Perform full-scope validations and periodic reviews of financial and risk models to assess conceptual soundness, data integrity, performance, and governance
Design and implement model test plans, including reusable code and analytical tools to support future validations
Partner with business units to monitor ongoing model performance and ensure alignment with expectations
Collaborate with stakeholders to support adherence to model development and implementation standards
Contribute to model governance activities, including model inventory, risk rating, and tracking across the bank
Prepare clear, thorough validation reports and presentations for senior leadership
Maintain detailed documentation and track progress on model risk initiatives
Stay current on industry trends, regulatory expectations, and emerging practices in model risk management
What we're looking for
You have a Master’s degree in Statistics, Mathematics, Economics, Finance, or another quantitative discipline (Required).
An equivalent combination of education and experience can be considered in lieu of a degree.
You have 6 or more years of bank credit experience in model risk management, model development, or quantitative finance (Required)
What helps you shine
You apply advanced statistical and quantitative techniques to assess model assumptions, design, and performance
Bring hands-on experience with validation techniques such as back-testing, sensitivity analysis, stress testing, and benchmarking
You understand model risk management frameworks, regulatory guidance, and lifecycle governance standards
Communicate complex technical concepts clearly and effectively to both technical and non-technical audiences
You take initiative and consistently deliver accurate, high-quality work both independently and collaboratively
You are proficient in analytical tools such as Excel, R, SAS, and SQL
You identify model weaknesses and produce documentation that stands up to regulatory and audit review
Travel
up to 10%
Our Company Values
Do the right thing
Mutual respect
Teamwork
Accountability
What Our Team Says"I have the opportunity to learn and grow every day in my current role. I love the work life balance, knowing that we work hard, and strive for high performance but we are celebrated."
Compensation & Benefits
Targeted starting salary range (based on experience): $117,249 - 154,493
Annual incentive potential
Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
Paid vacation time, sick time and 11 company paid holidays
401k (with up to 4% match)
Tuition reimbursement
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
