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Sr. Manager, Quantitative Model Validation

Location : New York or DC
Job Type : Direct
Hours : Full Time
Travel : No
Relocation : No

Job Description :

Responsibilities may include, but are not limited to: 
- Designing and leading model validation projects, in an analytic capacity;
- Understanding business processes associated with model use, and the nature of model use within those processes;
- Managing the assessment of the methodologies and processes used by modeling teams to develop and manage their models, and identifying potential weaknesses and the associated materiality of the risk;
- Leading the development of project plans, setting and managing expectations, and delivering results through self and/or others;
- Guiding the benchmarking of model methodologies and performance by developing alternative models;
- Analyzing complex data to identify data integrity issues;
- Researching and enhancing industry practices related to model methodologies;
- Managing the documentation of validation processes and results;
- Communicating validation work to senior management, model owners, regulators, and auditors;
- Leveraging education, colleagues and training opportunities to develop solutions to business problems;
- Taking a leadership role with building the validation group, through contributions to hiring, training, and developing infrastructure such as processes and templates;

Basic Qualifications: 
- Master’s Degree 
- At least 5 years of experience in developing statistical or econometric models 
- At least 5 years of experience in financial services industry

Preferred Qualifications: 

- PhD in Statistics, Economics, Mathematics, Industrial Engineering or Operations Research 
- 7+ years of experience in developing statistical or econometric models 
- 1+ years of experience in risk scoring
- 1+ years of experience in forecasting models
- 1+ years of experience working with Basel and CCAR regulatory requirements


Required Qualifications :
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