VP, Model Risk Asset Management

Selby Jennings; New York (NY); On-site; USD 130,000 - 190,000; Full time

Job summary

Selby Jennings is seeking a Model Risk professional to strengthen oversight of models used across Asset Management. You will independently shape and validate complex quantitative models and risk models across the firm's investment and asset management businesses.

Join a growing team and work with senior business and risk leaders to influence governance initiatives, model inventory, and risk assessment processes while expanding exposure to investment strategies and portfolio analytics.

Qualifications

• 3+ years of experience in model risk, model validation, or related analytics.
• Strong understanding of governance, validation methodologies, and risk oversight.
• Ability to explain complex concepts to non-technical stakeholders.
• Experience in financial services desirable.

Responsibilities

• Enhance and evolve the firm’s model risk framework across the model lifecycle.
• Perform independent reviews of quantitative models and assess performance, limitations, assumptions and risks.
• Partner with business leaders, risk teams, and model developers to strengthen governance, controls, and regulatory alignment.
• Deliver clear risk assessments and recommendations to senior management and governance forums.

Skills

Model risk

Quantitative analytics

Communication

Job description

A leading global financial institution is seeking a Model Risk professional to join a growing team responsible for strengthening oversight of models used across its Asset Management business.

This is an opportunity to play a key role in independently shaping and validating complex quantitative models and risk models across the firms investment and asset management businesses. This is an excellent opportunity for a model risk professional looking to gain broad exposure to investment strategies, portfolio analytics, risk models, and governance initiatives while working closely with senior business and risk leaders.

Responsibilities

• Enhance and evolve the firm's model risk framework, ensuring effective oversight across the model lifecycle.
• Perform independent reviews of quantitative models and assess model performance, limitations, assumptions, and associated risks.
• Partner with business leaders, risk teams, and model developers to strengthen governance, controls, and regulatory alignment.
• Deliver clear risk assessments and recommendations to senior management and governance forums while providing effective challenge where needed.

Qualifications

• 3+ years of experience in model risk, model validation, quantitative analytics, risk management, or a related discipline.
• Strong understanding of model governance, validation methodologies, model inventory management, and risk oversight practices.
• Ability to communicate complex technical concepts to non-technical stakeholders and senior decision-makers.
• Experience within financial services, asset management, insurance, consulting, or model advisory environments is highly desirable.