Jobs
>
New York City

    Model Risk Management - New York, United States - Kroll Bond Rating Agency

    Default job background
    Full time
    Description
    Position Title: Model Risk Management - Senior Director

    Entity: Kroll Bond Rating Agency, LLC

    Employment Type: Full-Time

    Location: New York, New York, United States

    Summary/Overview:


    KBRA (Kroll Bond Rating Agency, LLC) is seeking to bolster our Model Risk Management efforts in the New York office.

    KBRA relies on credit rating methodologies, models, and analytical tools for its rating process. KBRA's Credit Policy department is seeking to reinforce its governance and oversight to mitigate these risks, particularly with respect to models and analytical tools. The successful candidate will be part of a dynamic team that strives to meet the financial modeling needs of a growing organization and will have various methodology- and model-related responsibilities.

    Job Responsibilities:
    • Work with model developers and rating teams to provide oversight of and guidance on:
      • Validation of proposed models;
      • Controls around model usage and restrictions/limitations;
      • Ongoing model performance and testing; and
      • Adherence to model policy requirements and methodologies.
    • Interface with regulators and/or stakeholders to respond to any methodology- or model-related inquiries.
    • Coordinate Model Risk Management meetings; prepare meeting agenda; collect/organize meeting materials and track action items.
    • Maintain model and analytical tool inventory.
    Successful candidates will possess the following:
    • Bachelor's degree in a subject with quantitative elements. An MBA or MS is highly desired.
    • A minimum of seven (7) or more years of relevant model risk management or financial audit experience.
    • Two (2) or more years of experience in data science, modeling, or related field is helpful.
    • Significant experience using, developing, and validating models.
    • Strong verbal, written and presentation skills are essential.
    • Ability to interface with other functional areas within the firm and/or external parties on model-related issues.
    • Strong proficiency with R and/or Python and the use of a scripted query language is preferred.
    Salary Range:

    The anticipated annual base salary range for this full-time position is $175,000 to $225,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

    KBRA Benefits
    • A hybrid work schedule (Tuesday, Wednesday, and Thursday)
    • Competitive benefits and paid time off
    • Paid family and disability leave
    • 401(k) plan, including employer match (100% vested)
    • Educational and professional development financial assistance
    • Employee referral bonus program
    • Cell phone reimbursement
    About Us:

    Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

    More Info
    KBRA encourages applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, citizenship, disability, and veteran status or any other basis prohibited by federal, state or local law.

    #LI-SS1

    #LI-HYBRID

  • DataAxxis

    Risk Manager

    4 days ago


    DataAxxis New York, United States

    **Duration**:6+ months strong potential to be extended or converted to Full-time. · **Location: midtown NYC**- 3 days onsite and 2 WFH · **Rate: $980 per day C2C /$850 per day W2** · **Position Overview**: · As part of a global team the Risk Manager will have responsibilities for ...


  • NYC Health + Hospitals New York, United States

    **About NYC Health + Hospitals**: · Sea View Hospital and Rehabilitation Center and Home is a 304-bed long term care facility located in Staten Island's lush Greenbelt. Serving the metropolitan area, it is easily accessible from all points by car and bus. Like many HHC facilities ...


  • Quantum Solutions New York, United States

    **RESPONSIBILITIES**: · Work with the team to strategize and create meaningful metrics designed to measure progress, impacts, and find opportunities for improvement across the Digital Workplace Portfolio · - Implement a framework that produces Key Portfolio Risk Indicator Metrics ...

  • DataAxxis

    Market Risk Manager

    5 days ago


    DataAxxis New York, United States

    **Duration**:6+ months strong potential to be extended or converted to Full-time. · **Location**:Jersey City - 3 days onsite and 2 WFH · **Rate: $980 per day C2C /$850 per day W2** · **Description**: · Fixed Income Market Risk Manager focusing on Interest Rate products. The core ...


  • Amex New York, United States

    **You Lead the Way. We've Got Your Back.** · With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, ...


  • The Clearing House New York, United States

    **Qualifications Required**: · - Bachelor's degree in risk management, business administration, finance, or a related area. · - At least 6-8 years of first or second line risk management experience (preferably related to Operations, Technology, or Product management). · - 8+ year ...


  • WTW New York, United States

    We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to identify, assess, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new ...


  • Quantum Solutions New York, United States

    **ABOUT**: · Digital Workplace Governance, Risk and Compliance Team is responsible embedding Governance, Risk & Compliance program/processes into the Digital Workplace operating model. · **RESPONSIBILITIES**: · Work with the team to strategize and create meaningful metrics design ...


  • Quantum Solutions New York, United States

    Digital Workplace Governance, Risk and Compliance Team is responsible embedding Governance, Risk & Compliance program/processes into the Digital Workplace operating model. · **RESPONSIBILITIES**: · Work with the team to strategize and create meaningful metrics designed to measure ...


  • Citi New York, United States

    The Compliance Anti-Money Laundering (AML) Risk Management Director is a senior management level position responsible for establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader AML team. ...


  • BizTek People, Inc. | APA International Placement Consultants New York, United States

    Responsibilities: · • Compile a suite of daily and monthly liquidity risk related reports for the US Operations, with a key focus on banking entities as well as broker dealer and derivative swap dealer entities. · • Monitor liquidity risk and ensure adherence to the liquidity rep ...


  • NOMURA New York, United States

    Region · - Americas · Division · - Corporate · Location · - New York · Program type · - Internship · Level · - Analyst · Job description · **2025 Risk Management Summer Analyst Program** · **Company Overview** · **Risk Management Overview** · The Americas Risk Management Division ...


  • Citi New York, United States

    The UDCS Risk Intmd Analyst is a developing professional role. Deals with most problems independently and has some latitude to solve complex problems. Integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices. Good understanding o ...


  • Exiger Jersey City, United States

    **What You'll Do**: · - Manage risk assessments, validation testing, compliance reviews, and audits in accordance with NIST standards. · - Maintain and monitor the central repository for audit evidence and risk findings. · - Collaborate with process owners, external auditors, and ...


  • Mount Sinai Astoria, United States

    **Description** · The Clinical Risk Manager in the Department of Risk Management is responsible for the day to day risk management activities at Mount Sinai Queens including investigating, managing, and analyzing risk management data; complying with risk management standards of t ...


  • NOMURA New York, United States

    Region · - Americas · Division · - Corporate · Location · - New York · Program type · - Internship · Level · - Analyst · Job description · **2025 Quantitative Risk Management Summer Analyst Program** · **Company Overview** · **Risk Management Overview** · The Americas Risk Manage ...


  • MUFG Bank, Ltd. New York, United States

    **Do you want your voice heard and your actions to count?** · Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organizati ...


  • Bank of America New York, United States

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. · One of the keys t ...


  • Royal Bank of Canada Jersey City, United States

    **Job Summary** · The US GRM-Balance Sheet Risk (US GRM-BSR) group provides independent and effective on-site monitoring, controlling and communication on the nature and extent of all material liquidity risk and banking book market risk (non-trading market risk, interest rate ris ...


  • Infinity Systems Empire, United States

    The company ADMIRAL Entertainment Holding Germany GmbH is currently offering this job in Düsseldorf. If you are currently looking for a job in the field of administration, you should check out the details on the company's website. There you will find detailed information about th ...