Job Purpose & Scope Manages the enterprise-wide oversight of model risk including model governance, model validation, and ongoing model monitoring. Essential Job Functions Manages a team of model validation professionals that assess, validate, and review all aspects of model development, acquisition, implementation, usage, and reviews and approves all model validation reports. Ensures independent validations of all models which includes performance of model validations and oversight of any internal or external model validations. Effectively challenges the model conceptual soundness, assumptions, and appropriateness of model methodology. Coordinates independent validation projects and processes among multiple stakeholders. Participates in peer review processes for challenger model development. Leads the improvement of model validation procedures and supporting methods and assists in implementing and maintaining high quality standardized model validation documentation. Maintains independent model validation standards, procedures, and policies. Interprets model validation test results, establishes required action plans with model owners, and provides recommendations to model owners and developers. Proactively identifies emerging model risk issues impacting the company and communicates to model developers, senior management, and committees, as needed. Maintains current and develops new reports and presentations for senior management, executive committees, and regulatory examiners. Regularly exercises discretion and judgment in the performance of essential job functions. Maintains good punctuality and attendance to work. Follows Bank policy, procedures, and guidelines. Knowledge, Skills & Abilities Knowledge of statistical and econometric theory, logistic regression, linear regression, time series modeling, data mining, machine learning, artificial intelligence, operations research and scenario-based simulations. Knowledge of model development and implementation procedures. Knowledge of SAS, SQL, R, and Python. Ability to demonstrate effective project management skills. Ability to communicate effectively both verbally and in writing. Ability to manage work in an environment with a high degree of ambiguity and change. Ability to work both independently and as part of cross-functional teams. Ability to prepare and present reports to all audiences including executives and boards. Ability to work effectively and demonstrate flexibility in a continually changing environment. Ability to demonstrate effective leadership skills. Ability to be highly engaged with a hands-on management approach and lead-by-example style. Ability to manage, lead, and coach staff. Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills. Ability to demonstrate effective interpersonal skills with both customers and employees. Ability to develop and maintain strong business relationships with key business partners. Skill in using computer and Microsoft Office, including Word, Excel, Outlook and PowerPoint. Basic Qualifications Bachelor’s degree in business, economics, engineering, statistics, mathematics or other job-related field, or commensurate work experience, required; Master’s or Ph.D. degree, preferred. 7+ years of work experience with quantitative analysis or statistical modeling required. 5+ years of work experience in model risk management, preferably in the financial services, required. 1+ year of experience leading and managing teams, required. Job Expectations Job Expectations: Operate customary equipment and technology used in a business environment, with or without accommodation. Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time. #DNP EEO Statement Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.