ALM Risk Model Validation Associate/VP (REMOTE)

Selby Jennings
New Rochelle
Remote
Permanent

A leading international financial institution is expanding its team and seeking a Risk Model Validation Specialist with a strong quantitative background to join the Market & Liquidity Model Validation Team within the Model Risk & Validation Group.

This team is responsible for the independent validation of all derivative pricing, e-trading, market risk, liquidity risk, and xVA / CCR models.

Responsibilities :

  • Conduct comprehensive validations and reviews of derivative pricing, e-trading, market risk, liquidity risk, and xVA / CCR models.
  • Use robust validation methodologies to evaluate model theory, implementation quality, and performance monitoring.
  • Develop and maintain documentation, work papers, and professional reports of validation results.
  • Communicate findings and recommendations to management and stakeholders.
  • Apply mathematical, statistical, and qualitative skills to perform validations.
  • Summarize and present results to the management committee.

Requirements :

  • A minimum of 5 years of experience in model development, model validation, quantitative research, or risk management.
  • Expertise in derivative pricing (especially interest rate and FX products), interest rate models, counterparty credit risk, market risk, liquidity risk models, ALM, and treasury risk.
  • Proficiency in programming, particularly in Python.
  • 30+ days ago
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