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Job Details

Senior Model Risk Analyst

  2025-05-30     First Hawaiian Bank     Honolulu,HI  
Description:

Join the First Hawaiian Bank ‘ohana, where our culture flourishes with purpose. We prioritize the 3 C's – Caring, Character and Collaboration – ensuring a workplace that is not only rewarding, but deeply fulfilling. Recognized as one of the ‘Best Places to Work in Hawaii' for 14 consecutive years, we take pride in our longstanding commitment to our team and communities spanning over 165 years.

Start a career offering stability, excitement, and growth. Benefit from a dynamic environment with comprehensive training, competitive compensation, and benefits. Ready to thrive? Your journey begins here.

As part of our Digital Transformation, First Hawaiian Bank aims to enhance its data-driven financial guidance and digital services, while digitizing and streamlining operations and reporting. The Model Risk Management team collaborates across the bank to ensure the accuracy, reliability, and compliance of our models, including those utilizing AI and advanced analytics.

We are seeking a Senior Model Risk Analyst to join the team. This role involves overseeing model inventory, validating Quantitative Decision Methods (QDMs), and ensuring models meet internal and regulatory standards. The analyst will work closely with business units, data scientists, and leadership to provide expertise, develop decision frameworks, and improve model risk practices.

Key Responsibilities :

  1. Advisory :
  2. Provide expertise on model risk management, validation, governance, and controls
  3. Guide stakeholders on risk identification, assessment, and mitigation
  4. Advise on model usage, limitations, and controls
  1. Oversight :
  2. Conduct thorough model validations and reviews for compliance and accuracy
  3. Maintain the model inventory and coordinate with business units
  4. Analyze risk and performance indicators, prepare reports, and report to oversight committees
  5. Manage the Bank's GRC tool
  1. Policy Making :
  2. Contribute to developing and updating model risk policies and standards
  3. Stay informed on industry best practices and regulations
  4. Align policies with the bank's risk appetite and strategic goals
  5. Identify opportunities for process and practice improvements
  6. Lead initiatives on governance, validation, and risk assessment enhancements
  7. Develop and deliver training on model risk principles

Work Schedule :

Monday - Friday, 8:00 AM - 5:00 PM (hours may vary). Remote or hybrid options may be available.

Compensation :

Annual salary range: $115,000 - $150,000, commensurate with experience. The level of hire will match the candidate's qualifications.

Ideal Candidate Qualifications :

  • Bachelor's in a quantitative field (Finance, Math, Economics, Statistics) required
  • Master's in a quantitative field preferred
  • 5+ years developing or validating models in banking or related fields
  • 4+ years coding in statistical software (Python, R, etc.)
  • Experience with Machine Learning models preferred
  • Knowledge of bank products, finance, and accounting principles preferred

Interested in learning more? Visit our LinkedIn, Instagram, and Facebook pages. Discover insights through our Employee Spotlight series.

If this role fits your aspirations, apply now. At First Hawaiian Bank, it all starts with YES!

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