• Bonus + Deferred Stock + Benefits
  • Manhattan, NY, USA
  • Permanent, Full time
  • Selby Jennings QRF
  • 2018-07-12

Director, Model Validation Balance Sheet Management/ALM

  • Location: Manhattan, NY, USA
  • Salary: Bonus + Deferred Stock + Benefits
  • Job Type: Full time

Top 10 bank is seeking a quantitative individual with senior experience in model validation and expertise in Balance Sheet Management, Net Interest Forecast, Capital Market, or Liquidity Risk Management to lead the model validation team for the aforementioned areas. This is a leadership role with reports and the team is targeting a director level individual or senior VP level candidate within model risk.

Top 10 bank is seeking a quantitative individual with senior experience in model validation and expertise in Balance Sheet Management, Net Interest Forecast, Capital Market, or Liquidity Risk Management to lead the model validation team for the aforementioned areas. This is a leadership role with reports and the team is targeting a director level individual or senior VP level candidate within model risk.

You will be responsible for leading model validation efforts for balance sheet management, interest rate, liquidity, and stress testing models. This role reports to the Head of Model Validation and will have broad exposure to various business lines and stakeholders.

Responsibilities

  • Leading model validation projects
  • Assessing methodologies and processes to develop and manage models, and identifying potential risk and the associated materiality of the risk
  • Benchmarking model methodologies and performance through the development of alternative models
  • Researching industry practices related to model methodologies
  • Communicating validation results to management, model owners, regulators, and auditors

Requirements

  • 10 years of experience in the areas of Balance Sheet Management, Net Interest Forecast, Capital Market, or Liquidity Risk Management
  • Experience in model validation
  • Proficiency in QRM Analytics SoftwareStrong influence, verbal and written communication skills
  • Master's Degree in MBA, Statistics, Economics, Finance, Financial Engineering, Operational Research, Physics or Mathematics

Manhattan, NY, USA Manhattan NY US