- Grounded role with one of the world’s leading global banks
- Hands-on position facilitating model validation processes in-line with Global Model Risk Policy
- Distinct opportunity to show your expertise in Traded Risk, Pricing Models, Global Markets Trading & Hedging models, etc., while operating across different geographies
Our client, a leading global bank, is looking for a Vice President specialising in Independent Model Review. This organisation is respected worldwide for their comprehensive financial services and their commitment to connecting customers to opportunities. If you have a strong academic background in a related spectrum and seek to apply advanced risk models to real-work financial challenges, this role will provide the perfect stage for your career advancement.
Position Overview
The Vice President in Independent Model Review contributes significantly to the overall risk strategy. By undertaking timely, robust model validation activities in accordance with Global Model Risk Policy, you’ll have the power to shape the means in which the company leverages data to seize opportunities and mitigate risk.
Responsibilities
- Undertake model validation activities in line with Global Model Risk Policy, including suitability checks of models for intended purposes.
- Produce written reports on validation findings and highlight issues identified during the process.
- Provide assurance across the organisation that models and tools developed are compliance ready.
- Prevent model risk slippage by ensuring appropriate remediation of identified issues.
- Lead a team of Model Validators operating across geographies and within the company.
Requirements
- Master’s or PhD degree in Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics, or Engineering.
- Detailed knowledge of risk models, including Traded Risk and Pricing Models, Global Markets Trading & Hedging models.
- Proficient in statistical modelling software, e.g., SAS, Python, R, Matlab.
- Experienced in reviewing models throughout the customer lifecycle.
- Demonstrated aptitude in presenting recommendations to Senior Management.
How to Apply
If you’re looking to amplify your career trajectory and grow with a dynamic, inclusive organisation we should talk. Please send your CV and any relevant documents to [email protected] (Please include ‘Vice President, Independent Model Review Application’ in the subject line). We look forward to your application.