VP, Algo Risk & Governance

Madison-Davis, LLC; United States; Vor Ort; USD 150.000 - 200.000; Vollzeit

Zusammenfassung

A leading financial institution is seeking an AVP/VP for Model Governance in Market Risk. The role involves enhancing the Pricing Model Governance program, collaborating with various teams, and ensuring compliance with risk standards. The ideal candidate will have strong skills in risk assessment and change management, focusing on improving oversight and transparency of pricing models across asset classes.

Qualifikationen

• Experience in model governance and risk management.
• Proven ability to streamline processes and enhance model oversight.

Aufgaben

• Strengthen change management processes for pricing models.
• Design and implement monitoring frameworks for pricing model activities.
• Enhance the Pricing Model Inventory and manage operational risks.

Kenntnisse

Risk Assessment

Change Management

Regulatory Compliance

Collaboration

Tools

Confluence

Jobbeschreibung

AVP / VP, Model Governance (Market Risk)

AVP / VP, Model Governance (Market Risk)

1 week ago Be among the first 25 applicants

A leading financial institution is seeking a skilled and proactive professional to join its Pricing Models & Business Managed Tools team. This team partners closely with business leaders across global markets and asset classes, serving as a key liaison between internal stakeholders including Model Risk, Model Validation, Compliance, Audit, and regional leadership.

This role will focus on building and enhancing the firm’s Pricing Model Governance program. The successful candidate will work with teams across global markets and collaborate with second-line functions such as Model Risk, Compliance, Operational Risk, and Model Validation. The program spans a wide range of asset classes, including Foreign Exchange (FX), Fixed Income (FI), and Equities.

Key Responsibilities:

• Strengthen and streamline change management processes to accelerate speed-to-market for pricing models while meeting risk and regulatory standards.
• Define and clarify roles and responsibilities across the Three Lines of Defense in collaboration with Model Risk and other stakeholders.
• Design and implement a monitoring framework for pricing model activities, including the development of regular review procedures.
• Partner with second-line functions to assess risks and establish a robust framework for pricing model risk assessment.
• Enhance the firm's Pricing Model Inventory by identifying key attributes and implementing a sustainable maintenance solution (e.g., Confluence or similar platforms).
• Create and document procedures for Issues Management, including the escalation and remediation of operational risk events and regulatory issues tied to pricing models.
• Improve oversight and transparency of third-party-owned or developed pricing models by coordinating with business leaders, vendor managers, and model risk teams.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

Referrals increase your chances of interviewing at Madison-Davis, LLC by 2x

Get notified about new Vice President Operations jobs in New York City Metropolitan Area.

VP, Business Operations - CNN Digital Products and Services

Stamford, CT $210,000.00-$230,000.00 3 days ago

New York, NY $210,000.00-$230,000.00 1 week ago

New York, NY $200,000.00-$230,000.00 1 week ago

Vice President, Strategic Initiatives & Revenue Operations

Iselin, NJ $210,000.00-$230,000.00 4 days ago

Executive Vice President, Donated Goods Retail

New York City Metropolitan Area $200,000.00-$250,000.00 3 days ago

Assistant Vice President, Business Process Optimization

New York, NY $110,000.00-$115,000.00 2 weeks ago

Vice President, Head of Sales & Services (Process Technology Pharma)

Jamaica, NY $130,000.00-$140,000.00 2 weeks ago

New York, NY $120,000.00-$140,000.00 1 week ago

VP, U.S. Campus Recruiting Lead, Corporate Division

Assistant Vice President, Business Process Optimization

Vice President, Property Management & Resident Services

New York, NY $225,000.00-$245,000.00 5 days ago

New York, NY $135,000.00-$150,000.00 4 days ago

Vice-President Global Sales and Customer Engagement

VP, Asset Protection Operations and Strategy

New York, NY $190,560.00-$405,000.00 2 weeks ago

Senior Vice President, Global Business Services Center, Finance-R-247431

New York City Metropolitan Area 1 month ago

Vice President, Media Business Operations

Vice President of Sales and Business Development

New York, NY $200,000.00-$250,000.00 3 months ago

VP, Finance - Technology, Operations & Shared Services

Vice President, Investment Operations - Alternative Credit

New York, NY $150,000.00-$195,000.00 2 months ago

New York, NY $200,000.00-$250,000.00 1 month ago

Vice President, High Net Worth Card Product Strategy

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.