Director of Front Office Models - Capital Markets

Citizens Bank; Boston (MA); On-site; USD 200,000 - 300,000; Full time

Job summary

Citizens Bank in Boston seeks a Director, Front Office Models to own pricing, valuation, and risk models for Commercial Sales & Trading desks. You will serve as the front office authority on model design and usage, developing quantitative models to support trading, pricing, hedging, and risk analysis.

You will lead model validation, ensure governance and regulatory compliance, evaluate performance, and collaborate with Trading, Risk, Finance, and Technology to drive revenue and balance sheet

Qualifications

• Own the end-to-end lifecycle of front office pricing, valuation, and risk models across Commercial Sales & Trading Desks.
• Develop and enhance quantitative models to support trading, pricing, hedging, and risk analysis.
• Ensure full compliance with internal model governance frameworks and regulatory requirements.
• Lead model validation and defend models in engagements with Model Risk Management, Internal Audit, and regulators.

Responsibilities

• Own the end-to-end lifecycle of front office pricing, valuation, and risk models across Commercial Sales & Trading Desks.
• Serve as the front office authority on model design, methodologies, assumptions, and appropriate usage.
• Develop and enhance quantitative models to support trading, pricing, hedging, and risk analysis.
• Ensure full compliance with internal model governance frameworks and regulatory requirements.
• Lead model validation and defend models in engagements with Model Risk Management, Internal Audit, and regulators.
• Evaluate model performance and implement enhancements aligned with market, product, and regulatory developments.
• Partner cross-functionally with Trading, Market Risk, Counterparty Risk, Finance, and Technology to ensure alignment and scalability.
• Enable pricing transparency, risk insight, and effective hedging to support revenue generation and balance sheet optimization.

Skills

Pricing models

Valuation models

Risk models

Quantitative modeling

Model governance

Cross-functional collaboration

Hedging

Pricing transparency

Education

Bachelor's degree in a quantitative field

Tools

Model Risk Management tools

Job description

Citizens Bank in Boston seeks a Director, Front Office Models to own pricing, valuation, and risk models for Commercial Sales & Trading desks. You will serve as the front office authority on model design and usage, developing quantitative models to support trading, pricing, hedging, and risk analysis.

You will lead model validation, ensure governance and regulatory compliance, evaluate performance, and collaborate with Trading, Risk, Finance, and Technology to drive revenue and balance sheet