Senior Model Validation Specialist (Hybrid)

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health and life insurance

Pension / Retirement benefits

Paid Time Off

Flexible/hybrid model

Job summary

A financial services company in Jersey City, NJ, is seeking a Model Risk Management professional. You will oversee model risk management activities, ensuring compliance with regulations. Responsibilities include validating models, preparing reports, and collaborating with various teams. Ideal candidates should have at least 6 years of related experience and a preferred bachelor’s degree. Proficiency in programming languages such as SQL and Python is essential for success in this role.

Qualifications

• Minimum of 6 years of related experience in model risk management.
• Bachelor's degree preferred or equivalent experience.

Responsibilities

• Perform hands-on validations and write quality model validation reports.
• Collaborate with PMO to maintain a viable model validation schedule.
• Present model validation results to Model Risk Governance Council.

Skills

Model validation

Regulatory requirements knowledge

Programming proficiency (SQL, Python, R, SAS, C/C++)

Risk management

Education

Bachelor's degree or equivalent experience

Job description

A financial services company in Jersey City, NJ, is seeking a Model Risk Management professional. You will oversee model risk management activities, ensuring compliance with regulations. Responsibilities include validating models, preparing reports, and collaborating with various teams. Ideal candidates should have at least 6 years of related experience and a preferred bachelor’s degree. Proficiency in programming languages such as SQL and Python is essential for success in this role.