Risk Modeling Manager
A top financial services company is seeking a highly technical and quantitative risk professional to assume ownership of the development efforts for various models bank-wide. The qualified individual will assume responsibility for the continued enhancement of the bank's Model Risk Management program through an effective challenge, review, and oversight. The Risk Modeling Manager Manager will be a season quantitative risk professional with hands-on modeling experience in either a development of validation capacity, combined with advanced working experience with languages like R, Matlab, Python, C++,SaS, and/or SQL.
Risk Modeling Manager will be responsible forโฆ
- Assume responsibility for the development efforts of the bank's Credit Risk and BAU models
- Lead reviews of conceptual soundness, assumptions, theory, estimations, and limitations of the model being developed
- Act as an advisory figure for business lines, relaying validation findings and helping to achieve strategic organizational goals
- Take ownership of the identification and quantification of model risk for the relative model being validated
- Perform ad-hoc Model Risk Management activities as necessary
- Create publications and technical documents for the model being reviewed/validated
- Partner with key stakeholder and develop key relationships with working groups such as model owners, users, and business leaders to ensure effective coverage for the MRM program
Risk Modeling Manager should haveโฆ
- Masters or Ph.D. in Quantitative Discipline
- Prior experience with Model Development and/or Validation
- Advanced understanding of languages such a C++, Matlab, R, Python, SAS and/or SQL
- Experience with Machine Learning Algorithms is a plus
Benefits
- Competitive stock options
- Bonus potential
- 401k options
- Competitive PTO
