Model Risk Mgmt Validation Analyst
2 weeks ago
REQUIRED QUALIFICATIONS:
- Performs independent validation of selected models to assess the conceptual soundness of model design and development, ongoing monitoring, and outcomes analysis.
- Replicates the model code, reviews model development documentation and model inputs, processing, and outputs.
- Develops and maintains effective partnerships with analysts, model owners, business level risk management teams and auditors, internal and external.
- Prepares written model validation reports and provides recommendations for the design, development, back testing, implementation and recalibration of models owned by the model development team.
- Tracks remediation progress and resolution status for identified model deficiencies.
- Assists in the development and maintenance of comprehensive reporting on the deficiencies identified, remediation status, and other critical data elements with respect to remediation.
- Performs special projects, and additional duties and responsibilities as required.
- Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.
EDUCATION AND EXPERIENCE
- Bachelor's degree in Economics, Finance, Mathematics, Computational Finance or related field required.
- Master's degree preferred. One to two years of experience validating financial services related models.
KNOWLEDGE, SKILLS AND ABILITIES
- Knowledge of banking and credit risk including key risk drivers.
- Knowledge of basic risk management concepts and principles, valuation of basic instruments and basic accounting principles.
- Knowledge of financial markets, interest rates and potential impact of current economic activity. Strong quantitative and analytical skills.
- Excellent knowledge of statistics, mathematics and financial risk modeling.
- Proficiency in SAS, Excel, Matlab, R and/or VBA Strong problem solving and research abilities. Excellent verbal and written communication skills.
- Good project coordination and organizational skills.
- Ability to multi-task and prioritize work appropriately.
- Ability to work with all levels of management and staff across all lines of business in the Bank.
- Ability to work independently and on a team and follow through assignments to completion.
-
Treasury Quantitative Expert
6 days ago
Buffalo, NY, United States M&T Bank Full time*** This is a hybrid position (part in-office/part remote work) and, depending upon the location of the final candidate, it will be based in an M&T office in Buffalo, NY, NYC, NY, Bridgeport, CT, Washington, DC, Baltimore, MD, or Wilimington, DE. Overview: Independently develops, implements, maintains, analyzes and manages quantitative/econometric...
-
Quant Risk Analyst
4 weeks ago
New York, NY, United States Selby Jennings Full timeA Multi Strategy Hedge Fund is hiring a Quant Risk Analyst in NYC. This hire will report directly to the Chief Risk Officer and assist in building out firmwide and custom risk analytics for specific PMs/trading teams. The fund is looking for a strong junior candidate with broad markets knowledge and experience with macro asset classes. This is a learning...
-
EDD/AML Analyst Sr
1 week ago
Hicksville, United States Flagstar Bank Full timeThe EDD/AML Analyst Sr is responsible for maintaining certain aspects of the Bank's BSA/AML compliance program and assists in meeting and maintaining BSA/AML compliance requirements of the Bank. Complies with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT...
-
Technical Business Analyst
2 weeks ago
New York, NY, United States Open Systems Technologies Full timeA financial firm is looking for a Technical Business Analyst to join their team in New York, NY. Compensation: $165-170k Responsibilities: Works with key stakeholders and Senior Management to understand and document business needs; Determine project scope and obtain sponsor approvalWorks with business stakeholders to gather requirements including...
-
Quantitative Analyst
6 days ago
New York, NY, United States Selby Jennings Full timeSummary:A Tier 1 US investment bank is seeking an experienced quantitative analysts and prepayment modelers. Our client, based in New York City, seeking an associate or vice president with expertise in non-agency RMBS, residential credit modeling from scratch using c++, python, and machine learning (3+ years of experience).Qualifications:- Master's degree or...
-
Vice President Finance
7 days ago
Hicksville, United States Partnership Employment Full timeCompany in Financial Services is looking for a VP: Finance Oversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion of...
-
Vice President Finance
6 days ago
Hicksville, United States Partnership Employment Full timeCompany in Financial Services is looking for a VP: Finance Oversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion...
-
Vice President Finance
1 week ago
Hicksville, United States Partnership Employment Full timeCompany in Financial Services is looking for a VP: FinanceOversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion of...
-
Vice President Finance
1 day ago
Hicksville, United States Partnership Employment Full timeCompany in Financial Services is looking for a VP: FinanceOversee the annual budget process, capital & contingency funding planning, and the strategic plan including but not limited to the economic update and forecasts over the time horizons needed to meet regulatory and internal requirements including board communications. Responsible for the completion of...
-
Credit Risk Officer
6 days ago
New York, NY, United States Natixis Full timePoste et missionsNatixis currently hiring a Credit Risk Officer (Vice President) who will primarily focus on Corporate and Structured Finance in North Americas, with a focus on Aviation and Infra Finance. He/she/they will be responsible for preparing credit risk opinions and market & financial analyses of clients in the Americas with respect to the...
-
Performance Measurement Analyst
6 days ago
Hicksville, United States PSEG Full time**Requisition**: 78098 **PSEG Company**: PSEG Long Island **Salary Range**: $ 63,500 - $ 100,500 **Incentive**: PIP 10% **Work Location Category**: Hybrid PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories:...
-
Cyber Security/Risk Operational Specialist
2 days ago
New York, NY, United States eJangar Full timeRole- Cyber Security/Risk Operational Specialist Minimum 4+ Years of IT Experience Must Have Skills 4+ Years of Cybersecurity/Risk Analyst with information risk assessment, data privacy impact assessment. 2+ Years of experience in Resource Access Control Facility (RACF) 2+ Years of experience in using ServiceNow GRC tool. 2+ Years of experience in Data...
-
Financial Analyst
6 days ago
New York, NY, United States Robert Half Full timeDescriptionRobert Half is looking for an outstanding Senior Fixed Income Analyst to join a fast-growing company. In this position, you will conduct financial modeling on various financial products as well as measure, analyze, and forecast performance in conjunction with operating plans. In addition to preparing reports for management, you will help advise...
-
Corporate Bond Analyst
4 weeks ago
New York, NY, United States Gimme Credit Full timeAbout the Role As a Corporate Bond Analyst, you will join a team focused on investment grade bond analyst at buyside or sellside firms. You will actively monitor portfolio risk metrics by producing reports and analyzing model scenarios, generate orders to express investment conviction, perform pre-trade portfolio analysis, and make relative value...
-
Market Risk Manager
4 weeks ago
New York, NY, United States Goodman Masson Full timeA Global, multi-strat Hedge Fund is hiring a new Equity Volatility Risk Manager as part of their efforts to build a world call risk management platform. Within this role you will provide key analysis and risk analytics to the Risk team, Investments and Trading Desks. The ideal candidate for this role will have exceptional knowledge across Equity Volatility...
-
Global Risk – Privacy Senior
7 days ago
New York, NY, United States Deloitte Full timePosition Summary Deloitte Touche Tohmatsu Services, LLC seeks a Global Risk – Privacy Senior in New York, NY. Work You’ll Do Assess and advise on data risk elements of Deloitte Global business processes, services, and technologies. Assist business and technology teams with incorporating Privacy/Data by Design techniques and principles into...
-
Credit Risk Analytics Manager
7 days ago
New York, NY, United States Klarna Full timeAs a Senior Credit Risk Analyst you will play a pivotal role in shaping our credit risk strategies for the US & UK markets. We are continuously seeking innovative opportunities to enhance our offerings. Notably, we've recently achieved significant milestones such as optimizing our US risk strategy for positive gross profits and launching our new Pay in 4...
-
Risk Manager
7 hours ago
New York, NY, United States eFinancialCareers Full timeThis is a strategic hire as the firm continues to build a robust and highly quantitative risk management team. Responsible for a range of tasks including: Modelling a complex, multi-asset portfolio via a combination of 3rd party systems and proprietary models. Designing and monitoring bespoke risk guidelines for portfolio managers. Collaborating closely...
-
Technology Risk Management Testing Manager
6 days ago
Buffalo, NY, United States M&T Bank Full timeThe Bank sponsors individuals for TN and H-1B transfers on a case by case basis. Please note that this position is not open to anyone on an F-1 student visa including those eligible for CPT/OPT or the Stem OPT extension.This role offers a hybrid work schedule; offering the flexibility to work from home two days a week, while providing the opportunity for...
-
New York, NY, United States Goldman Sachs Full timeJOB DESCRIPTION The Goldman Sachs Group, Incis a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individualsFounded in 1869, the firm is headquartered in New York...