Model Risk Management Senior Manager

  • Negotiable
  • Egypt Lake-Leto, FL, USA
  • Permanent, Full time
  • Michael Page International - US
  • 16 Oct 18

The Candidate will oversee the Model Risk Management function overseeing a group that will make sure the proper methodology and implementation is in place for the firm.

My client is a leading Financial Institution with a long history of excellence.


  • Develop and create model validation plans for capital markets related models
  • Review model documentation, model inputs, assumptions, design, model algorithms/analytics, operation process, model governance and controls
  • Conduct model validation according to scheduled validation cycles, write model validation reports, identify model risk issues and recommendation, provide effective challenge of the models
  • Assist in MRM governance related activities in model issues tracking, monitoring and reporting
  • Maintain good working relationship with model stakeholders, adopt a proactive communication engagement with model owners for future business and model use
  • Must be aware of changes in capital markets and MRM related regulatory requirements


The successful candidate will have:

  • SR11-7/OCC 2011-12 model risk management regulatory guidance
  • Financial services business in commercial, institutional, trading, private banking, asset management, etc.
  • Market risk, ALM and pricing software/tools, such as Bloomberg, Pyramid Pro, FIS/SunGuard, FINCAD, et
  • Produce high caliber model validation reports on schedule
  • Communicate effectively with model stakeholders on the model issues and recommendations
  • Help with model governance, issues tracking and model performance metrics
  • Proactively think ahead on value contribution to MRM and ERM
  • Be flexible, adaptive and learn new models

Job Offer

Competitive pay with strong benefits and bonus potential.