Director, Model Risk
- New York, NY, USA
- Permanent, Full time
- Twenty Recruitment Group - US
- 22 Sep 17
We are partnering with an international banking client on a search to identify a Director to join their Model Validation team in New York.
The team is responsible for performing independent model validation of traded products, including OTC derivatives, across several legal entities of the firm. The Director will manage a team that is responsible for assessing the conceptual sounded of models to ensure they are compliance with their model governance framework. They will monitor performance of high-risk models and reporting results that will outline areas of improvement or concern.
Successful candidates will have a minimum of 7+ years of model validation, derivatives pricing or quantitative market risk experience. An advanced degree in a quantitative discipline is required with a PhD highly preferred. As this is a highly visible role, candidates must possess excellent verbal and written communication skills.
For more information on this search, please contact Lauren Bowden.