Model Risk & Validation Leader

Victrays; Newark (DE); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Generous PTO

401(k) with employer match

Comprehensive medical, dental, and vision coverages

Flexible hybrid working arrangements

Tuition reimbursement

Job summary

A financial services organization in Newark, DE, is seeking a Manager, Model Validation to oversee financial models and ensure compliance with regulations. The ideal candidate has a strong background in quantitative analysis and risk assessment methodologies, as well as leadership experience. Responsibilities include managing a team, implementing risk management frameworks, and preparing risk assessments for senior management. This role offers a comprehensive benefits package, including generous PTO and financial support programs.

Qualifications

• Strong knowledge of quantitative analysis and risk assessment.
• Familiarity with regulatory requirements and implementation.
• Proficiency in programming languages like Python or R.
• Excellent analytical and problem-solving skills.
• Strong leadership and team management track record.
• Exceptional written and verbal communication skills.

Responsibilities

• Manage a Model Risk team and mentor members.
• Implement model risk management frameworks.
• Oversee validation of financial models and data analysis.
• Collaborate with teams to align models with objectives.
• Conduct model risk assessments and governance.
• Prepare reports on model risk for management.

Skills

Quantitative analysis

Risk assessment methodologies

Programming (Python or R)

Analytical skills

Leadership abilities

Communication skills

Education

Bachelor's degree in finance, mathematics, statistics, economics, or a related field

Job description

A financial services organization in Newark, DE, is seeking a Manager, Model Validation to oversee financial models and ensure compliance with regulations. The ideal candidate has a strong background in quantitative analysis and risk assessment methodologies, as well as leadership experience. Responsibilities include managing a team, implementing risk management frameworks, and preparing risk assessments for senior management. This role offers a comprehensive benefits package, including generous PTO and financial support programs.