This role involves validating and approving models for specific usages at inception and on a periodic basis to ensure transparency and effective risk management
Job Summary
This role involves validating and approving models for specific usages at inception and on a periodic basis to ensure transparency and effective risk management.
The position requires conducting technical analysis, building alternative benchmarks, and ensuring compliance with regulatory guidelines such as SR 11-7 and PRA standards.
As a Vice President, you will mentor a team of analysts while driving strategy and managing risks within the Independent Validation Unit.
Matching Summary
This role involves validating and approving models for specific usages at inception and on a periodic basis to ensure transparency and effective risk management.
Salary
Not specified; Not specified; Not specified
Skills & Requirements
Must-have
Validate credit risk regulatory models
IRB IFRS9 CCAR Stress Testing expertise
Statistical packages Python SAS R
Wholesale portfolio model validation
SR 11-7 PRA FRB SS-1/23 compliance
Nice-to-have
Mentor team of analysts
Build alternative benchmarks
Stakeholder management skills
Strategic thinking abilities
Digital transformation experience
Key Requirements
Masters in Statistics Mathematics Economics or related field
Experience in modeller validator role in financial services