Model Validation Developer

3 weeks ago


Newark, United States Avesta Computer Services Full time

Title : Model Validation Developer

Location: Newark, DE

Schedule: Hybrid 2 Day a Week

Customer Introduction

Our client, a publicly traded U.S. corporation that provides consumer banking is seeking for a Model Validation Developer

Job Summary:

The Model Risk Developer will be responsible for ensuring the accuracy, integrity, and compliance of our organization's financial models and risk assessment tools.


What You'll Do:

Oversee the validation and testing of financial models, including model development, data analysis, calibration, and documentation.

Assess and evaluate the effectiveness and limitations of existing models and identify areas for improvement.

Collaborate with cross-functional teams to understand business needs and requirements and ensure that models align with organizational objectives.

Conduct periodic model risk assessments, including model governance, validation, and ongoing monitoring, to identify and mitigate potential risks.

Prepare and present reports on model risk to senior management and regulatory bodies.

May manage a Model Risk team and provide guidance, support, and mentorship to team members.

Implement a comprehensive model risk management framework, policies, and procedures to ensure compliance with regulatory requirements and industry best practices.

What you Have:

Minimum Education, Skills and Experience Required:

Strong knowledge of quantitative analysis, statistical techniques, and risk assessment methodologies.

Familiarity with regulatory requirements and the ability to interpret and implement them.

Proficiency in programming languages such as SAAS, Python or R, along with experience working with statistical packages.

Excellent analytical and problem-solving skills, with the ability to evaluate complex financial models and identify potential risks.

Strong leadership and team management abilities, with a track record of effectively leading and developing teams.

Exceptional written and verbal communication skills, with the ability to present complex information in a clear and concise manner.


Preferred Education, Skills and Experience:

Bachelor's degree in finance, mathematics, statistics, economics, or a related field.

5 years of experience in statistical modeling, model risk management, financial modeling, or a related field within the financial services industry.



  • Newark, New Jersey, United States Prudential Financial Full time

    Job OverviewPrudential Financial is seeking an experienced Actuarial Modeling Solutions Developer to join our team. As an Actuarial Modeling Solutions Developer, you will play a key role in designing, developing, testing, and delivering actuarial modeling solutions that support our business objectives.Key ResponsibilitiesSupport the build and re-design of a...

  • Director, Actuary

    4 days ago


    Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Actuarial - ActuarialAt Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!This role will support Global Capabilities to design,...


  • Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Actuarial - ActuarialAt Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!This role will support Global Capabilities to develop,...


  • Newark, California, United States TalentBurst Full time

    Job Title: Validation Engineer IVLocation: Newark, CADuration: 5 MonthsJob Summary:The incumbent will be a part of the IT Computerized System Validation (CSV) Department and will perform and/or direct GxP computerized system validation projects in compliance with cGMP, 21 CFR Part 11 and Annex 11. This individual will ensure that GxP systems meet intended...


  • Newark, United States TalentBurst Full time

    Title: Validation Engineer IV Location: Newark, CA 94560 Duration: 5 MonthsJob Summary The incumbent will be a part of the IT Computerized System Validation (CSV) Department and will perform and/or direct GxP computerized system validation projects in compliance with cGMP, 21 CFR Part 11 and Annex 11. This individual will ensure that GxP systems meet...


  • Newark, California, United States TalentBurst, Inc. Full time

    Position: Senior Validation SpecialistLocation: RemoteContract Duration: 5 MonthsOverviewThe selected candidate will join the IT Computerized System Validation (CSV) Department, engaging in and/or overseeing GxP computerized system validation initiatives in alignment with cGMP, 21 CFR Part 11, and Annex 11 regulations. This role is critical in ensuring that...

  • Validation Engineer IV

    3 months ago


    Newark, United States IDR Healthcare Full time

    IDR is seeking a Validation Engineerto join one of our top clients in Newark, CA. This position is a 100% onsite role and a long-term contract opportunity. If you are looking for an opportunity to join a large organization and work within an ever-growing team-oriented culture, please apply today! Position Overview/Responsibilities for Validation Engineer: ...

  • Validation Engineer

    1 month ago


    Newark, United States IDR, Inc. Full time

    IDR is seeking a Validation Engineer to join one of our top clients in Newark, CA. This position is a 100% onsite role and contract opportunity. If you are looking for an opportunity to join a large organization and work within an ever-growing team-oriented culture, please apply today!Position Overview/Responsibilities for Validation Engineer:Ensure quality...

  • Validation Engineer

    1 month ago


    Newark, United States IDR, Inc. Full time

    IDR is seeking a Validation Engineer to join one of our top clients in Newark, CA. This position is a 100% onsite role and contract opportunity. If you are looking for an opportunity to join a large organization and work within an ever-growing team-oriented culture, please apply today!Position Overview/Responsibilities for Validation Engineer:Ensure quality...


  • Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Corporate - RiskSenior Risk Modeling Analyst (The Prudential Insurance Company of America, Newark, NJ): Analyze and manage the company's risks including maintaining and updating risk stresses across the enterprise, analyzing volatility, and performing RAC (Risk Adjusted Capital) analysis. Independently conduct risk analytics and modeling...


  • Newark, California, United States Lucid Motors Full time

    Lead the Future of Luxury Electric MobilityAt Lucid Motors, we're pushing the boundaries of innovation in luxury electric vehicles. As a key member of our team, you'll have the opportunity to make a significant impact on the future of mobility.The RoleWe're seeking a highly skilled Senior Battery Cell Modeling Engineer to join our team. In this role, you'll...


  • Newark, New Jersey, United States PGIM Full time

    Job Classification:Actuarial - ActuarialThis role will support Global Capabilities to design, develop, test, and deliver actuarial modeling solutions. We support numerous use-cases for these modeling solutions, including Valuation, Pricing, Forecasting, and Capital Optimization. Our team is collaborating with several cross-functional teams to stand up a new...


  • Newark, California, United States Lucid Motors Full time

    Shaping the Future of Luxury Electric Mobility At Lucid Motors, we are dedicated to creating the most exquisite luxury electric vehicles that enhance the human experience and push the boundaries of space, performance, and intelligence. Our vehicles are designed to be intuitive, liberating, and tailored for the future of mobility. We aim to excel in this new...


  • Newark, California, United States Lucid Motors Full time

    Unlock the Future of Luxury Electric VehiclesAt Lucid Motors, we're revolutionizing the automotive industry with our cutting-edge luxury electric vehicles. As a Sr. Validation Engineer, you'll play a crucial role in ensuring the highest quality and safety standards for our ADAS driving and safety assistance features.Key Responsibilities:Develop and execute...


  • Newark, United States Unigen Corporation Full time

    Job DescriptionJob Description Job Title: Business Development EngineerReports To: Product Marketing DirectorJob Function: Business Development for Artificial Intelligence (AI) SolutionsJob Overview:The Business Development Engineer is responsible for market and ecosystem development of AI Modules, AI Edge Gateways and AI Edge Servers. This role will work...


  • Newark, New Jersey, United States Braeburn Full time

    About the RoleBraeburn is seeking a highly skilled Regional Business Development Specialist to join our team. As a key member of our business development team, you will be responsible for identifying and pursuing new business opportunities within the corrections and criminal justice systems.Key ResponsibilitiesDevelop and execute business development...


  • Newark, United States Grameen America Inc. Full time

    Job DescriptionJob DescriptionLocation: Newark, NJSalary: $20.49 hourly About Grameen America, Inc. Grameen America Inc. (GAI) is the fastest growing microfinance nonprofit organization in the United States, dedicated to helping low-income entrepreneurial women build businesses to achieve financial independence and mobility. Founded in 2008 by Nobel Peace...


  • Newark, United States Lorven technologies Full time

    Job DescriptionJob DescriptionRole Name: Ataccama MDM lead developer Location: Newark, NJ JD - Design a Master Data Management solution based on Ataccama ONE MDM, including but not limited to solution architecture, MDM data model, and integration patterns. Develop and implement Ataccama MDM and RDM solutions, perform testing and debugging according to...


  • Newark, United States Lorven Technologies Inc. Full time

    Role Name: Ataccama – MDM lead developerLocation: Newark, NJJD- Design a Master Data Management solution based on Ataccama ONE MDM, including but not limited to solution architecture, MDM data model, and integration patterns. Develop and implement Ataccama MDM and RDM solutions, perform testing and debugging according to protocols. Perform data profiling,...


  • Newark, United States Lorven Technologies Inc. Full time

    Role Name: Ataccama – MDM lead developerLocation: Newark, NJJD- Design a Master Data Management solution based on Ataccama ONE MDM, including but not limited to solution architecture, MDM data model, and integration patterns. Develop and implement Ataccama MDM and RDM solutions, perform testing and debugging according to protocols. Perform data profiling,...