- Manage all risk that arises from models used in the firm - specifically Derivatives Pricing, Counterparty Risk, and Securitized Products models.
- Help train and oversee the work of consultants that work with the validation team.
- Be hands on in model validation and serve as an SME in Capital Markets Models
- Independently lead approval and validation of models - raising and managing model validation findings
- Asses/Quantify model risk arising from model limitations to inform stakeholders of risk profile.
- Effectively communicate results of model validations to the key stakeholders and management
- Masters or PhD in quantitative field
- 5+ year model validation experience
- Strong experience in derivatives pricing (IR/FX/Fixed Income)
- Python and or C++
- Strong communication skills
Model Risk Manager - Tampa, United States - Selby Jennings
Description
A top American Investment Bank is adding senior headcount in model validation. My client is a top investment bank, providing clients with capital markets and financial advisory services, wealth management, and more. The firm offers a wide range of investment banking sector expertise across energy, industrials, real estate, tech, public finance, and health care.
The firm is looking for a Mid-Senior level model validation professional to report up to the Global Head of Model risk for the firm. They are considering strong candidates with experience covering risk model validation for a range of Capital Markets related activities.
This position will sit on the model validation team which is a hands-on group, and you will report directly to the global head of the group. Candidates must come from a strong Math and Stats background with experience validating or developing Derivatives Pricing, Counterparty Risk, and Securitized Products models.
Responsibilities:
Qualifications: