Model Risk & Validation Specialist

Vanguard; Malvern (Chester County); Hybrid; USD 120,000 - 190,000; Full time

Benefits offered by this job

Visa sponsorship

Job summary

Vanguard is seeking a quantitative model risk professional to provide independent validation and credible challenge of investment models across IMG. You will work with researchers, data scientists, portfolio managers, and technologists to ensure models are sound, governed, and fit for purpose.

Responsibilities include validating alpha, risk, and AI/ML workflows; developing robust methodologies; and contributing to governance standards across the model lifecycle.

Qualifications

• Master's or PhD degree in a quantitative discipline (Statistics, Mathematics, Computer Science, Engineering, Physics, Finance, Data Science, or related field)
• 3+ years of relevant experience in model development, validation, or risk management; 7+ years preferred
• Experience in asset management, investment research, or financial services
• Experience developing, testing, reviewing, or validating quantitative or AI/ML models
• Programming experience in Python and/or similar analytical languages

Responsibilities

• Perform independent validation of investment models across major asset classes (alpha/signal, portfolio construction, risk, trading, asset allocation, AI/ML workflows)
• Provide effective challenge of model assumptions, methodologies, data, implementation, controls and performance monitoring
• Produce high-quality validation reports and communicate findings to technical and non-technical stakeholders
• Develop and enhance validation methodologies, procedures and testing approaches
• Contribute to model risk management policies, standards and procedures across the lifecycle
• Advise stakeholders on model risk governance and validation expectations
• Stay current on developments in quantitative investing, AI/ML, and model governance
• Collaborate with investment, technology, risk and control functions

Skills

Python

Statistics

Mathematics

Data Science

Communication

Stakeholder management

Leadership

Education

Master's or PhD in quantitative discipline

Tools

Barra

Axioma

Aladdin

Job description

Vanguard is seeking a quantitative model risk professional to provide independent validation and credible challenge of investment models across IMG. You will work with researchers, data scientists, portfolio managers, and technologists to ensure models are sound, governed, and fit for purpose.

Responsibilities include validating alpha, risk, and AI/ML workflows; developing robust methodologies; and contributing to governance standards across the model lifecycle.