Team-Head, Director of Model Risk & Validation - Commercial Bank - New York State, USA

Company:
GQR Global Markets
Location:
New York City, NY
Job Type:
Full Time
Category:
Risk Management
Posted:
7/22/2013

Job Description


JOB DESCRIPTION

 We are working with a large commercial bank's model risk and validation team, and we are looking for an experienced risk manager to join and lead the group.  You will be leading and growing a new team, and providing vision for enhancement existing model validation processes.

The quant team is filled with highly intellectual and technical individuals who value personal contributions in thought leadership and technical ability. It is a very collaborative and collegial environment that works closely with the various businesses, allowing for greater exposure and movement.

Location: New York State, USA

Responsibilities:

•             Enhance and improve existing model risk and validation processes

•             Advise on model validation methodologies & industry best practices for lines of businesses

•             Lead and grow a team of model validation quants  whose responsibilities will be performing full regression analysis, benchmarking, model assumption checks, and model reverse engineering.

•             Interface with business heads (treasury, ALM, credit risk, etc)

 

Requirements:

•             Min MS/ PhD in a quant discipline (Statistics, Econometrics, Mathematics, etc)

•             Minimum 8+  years industry experience in quant model validation or model risk; model development experience a plus

•             Minimum 2+ years managerial experience (especially managing quants)

•             Working experience with financial models: credit risk, pricing, prepayment, goodwill, tax, etc

•             Excellent communication and interpersonal skills

•             Proficiency with SAS, SQL, Matlab

In Return:

•             A huge opportunity to attain progression within a leading quantitative team

•             Very analytical and quantitative exposure

•             Career advancement and competitive compensation structure

 

This is an immediate hire, interviews are to begin soon and early application is advised. GQR also welcomes tentative enquiries from suitably qualified individuals.

Confidentiality and utmost discretion is 100% assured.

Key words: quantitative risk, risk models, model validation, derivative pricing model, market risk, VaR, model performance testing, model risk, stress testing, model usage, metrics, model benchmarking, revalidation, C++, Python, VBA, Matlab, Los Angeles 

APPLY | risk.americas@gqrgm.com

VISIT US | www.g-q-r.com/vacancies

 

Search Consultant: James Friend

 

While a resume is preferable we also welcome tentative enquiries from well-qualified persons. To speak with an agent please contact one of our regional offices using the contact details listed below. Utmost confidentiality and discretion is assured.

 

LOS ANGELES | 1.310.807.5030

10877 Wilshire Boulevard, Los Angeles, CA 90025 | Office Hours: 6.00-21.00 PDT

 

NEW YORK | 1.212.763.8333

1325 Sixth Avenue, New York, NY 10173 | Office Hours: 9.00-21.00 EDT

 

LONDON | 020.3207.9090

St Clements House, London, EC4N 7AE | Office Hours: 9.00-21.00 GMT

 

HONG KONG | 852.3678.6738

2 Exchange Square, 8 Connaught Place, Central | Office Hours: 9.00-21.00 HKT

 

VISIT US | www.g-q-r.com | www.g-t-r.com | www.gqrgm.com 

GQR Global Quant,  GQR Global Trading,  GQR Global Markets

 

 

We operate globally and leverage our extensive relationships to unite the most talented people with the most intellectually and financially rewarding career opportunities throughout Europe, the United States, Asia and the Middle East.

 

APPLY NOW



Jobs Like This Near New York City, NY


GO


Click on the button below to go to the GQR Global Markets website and apply for Team-Head, Director of Model Risk & Validation - Commercial Bank - New York State, USA.

GO TO EMPLOYER WEBSITE
Play the new finance career game from FINS!

Financial Dream Jobs - Sign Or Decline
You just got an offer for your dream job,
BUT...
you have to lie to SEC investigators.
SIGN DECLINE

  • Copyright ©2014 Dice Holdings, Inc. All rights reserved.
Log in 
FINS Login
 
*Indicates required field
 
User Name*
Password*
     Forgot Your Password?
Or log in using your Facebook account:
Connect with Facebook