Senior Model Risk Manager (PhD) Risk Governance-Major Bank

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Analytic Recruiting Inc.
  • 15 Oct 18

Major financial firm in NYC is looking for a Senior Model Risk Manager with a Quantitative PhD to lead the banks analysis of Basel II/III, Market Risk, and Capital Adequacy Models and Risk Methodologies.

Major financial firm in NYC is looking for a Senior Model Risk Manager with a Quantitative PhD to lead the banks analysis of Basel II/III, Market Risk, and Capital Adequacy Models and Risk Methodologies.

Responsibilities:

  • Manage a large team of Quantitative Modelers who are building and enhancing bank wide risk metrics and risk analytics (Model Performance, Risk Weighted Assets, Capital Optimization)
  • Design, Develop and Manage new programs to monitor and assess model risk management at the bank
  • Develop close working relationships with senior business unit heads and various regulatory agencies
  • Work across the bank to implement new risk governance and risk policies
  • Act as Subject Matter Expert on current model risk issues related to mandated regulatory
  • timelines: (Basel, CCAR)
  • Represent the bank as the Model Risk expert and spokesperson to the regulators

Requirements:

  • Quantitative PhD
  • Minimum of 10+ years working on Bank Wide Model Risk Development, Model Review, Model Validation and Model Risk Governance
  • Must be able to manage a large team of Quantitative Modelers
  • Must be able to manage multiple Model Risk Modeling projects and complete these projects in a time-sensitive environment
  • Must be able to work across multiple business lines and managing expectations
  • Must have superior written and oral communication skills to lead meetings and discussions with both senior internal management and external regulators
  • Must have current experience working on Basel II and Basel III modeling techniques, bank capital adequacy models, Market Risk Models and Risk Weighted Assets analytics.

Keywords: Team Leader, PhD, Model Governance, Model Development, Stress Testing, Basel II, Basel III, Risk Weighted Assets, Capital Adequacy

Please refer to Job 23222 - and send MS Word attached resume to jeg@analyticrecruiting.com.