Senior Model Validation Manager – New York, USA

Salary:  Up to $200,000 USD base (DOE) + competitive bonus and relocationLocation:  New York, NY, USAJob Type:  Permanent, Full time Company:  GQR Global MarketsPosted on:  25 Sep 14

Credit Risk, Treasury Risk, Operational Risk and Enterprise Risk Model Validation Manager – Leading Global Financial Institution – Risk Management – Model Validation Team Lead

JOB DESCRIPTION

As an expansion growth hire due to CCAR efforts, this financial institution is seeking a leader in model validation, regulatory knowledge and management. We are looking for a candidate with both interpersonal skills, strong management abilities and sound industry knowledge.

Location:   New York, USA

The role:

Independently validate new/existing Market/Credit/Enterprise/Operational risk models.Knowledge of Model Governance Regulations and Fed requirements (SR11-7, OCC 2011-12)Rebuilding models from scratch, testing, replicating and challenging their performance.Reporting, internal regulator communication, technical model implementation and model testing.Lead a team of 10 senior PhD/MSc analyst and junior analyst

Requirements:

8+ years of experience working as a quantitative modeler or on a model validation desk.Looking for those with a strong grasp of financial mathematics.Professional programming background in Matlab, R, SAS, VBA, SQL.An excellent PhD or Masters with a strong quantitative related subject.Excellent communication skills in order to express complicated methodologies and theories.

In return they are offering:

Huge opportunity to attain full training, hands on exposure within the quant analytics space.The intellectual stimulation and challenge of working within growing, cutting edge & globally delivering analytics group.Have daily interaction with the business and be a key part of their unrivalled success, whilst enhance one’s own diversity of credentials and have the chance to work with the best model validation team in the space.

Key words: model development, PG,LGD, EAD models, model vetting, model comparison, model review, credit risk, commercial, wholesale, corporate, quant, quant analytics, enterprise, operation risk, commercial banks.

This is an immediate hire, interviews are to begin soon and early application is advised. GQR also welcomes tentative enquiries from suitably qualified individuals.

Confidentiality and utmost discretion is 100% assured.

APPLY | risk.americas@gqrgm.com  

VISIT US |  www.gqrgm.com 

While a resume is preferable we also welcome tentative enquiries from well-qualified persons. Utmost confidentiality and discretion is assured.

LONDON | 0203.141.8000

Westminster Tower, London SE1 7SP| Office Hours: 8.00-20.00 GMT

LOS ANGELES | 1.310.807.5030

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NEW YORK | 1.212.763.8333

340 Madison Avenue, New York, NY 10173 | Office Hours: 8.00-20.00 EDT

HONG KONG | 852.3678.6738

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GQR Global Markets

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