Director, Model Validation

Office Status: Hybrid

Salary: Up to $225,000

Responsibilities:

• People manager who will supervise junior team members in conducting end-to-end validations and reviews of derivative pricing, e-trading, market risk, liquidity risk and xVA/CCR models
• Applies robust model validation methodology to assess the conceptual soundness of model theory, quality of model implementation, and model ongoing monitoring
• Develop and maintain documentation, work papers and professional reports of validation results
• Communicates findings from validation work to management and stakeholders, including recommendations as appropriate
• Apply mathematical, statistical, and qualitative knowledge and skills to perform model validation
• Document model validation procedures and findings, coordinate with stakeholders to resolve issues
• Summarize and present model validation results and findings to management committee
• Communicate technical concepts to non-technical audience