Enterprise Risk Management Department-Model Risk Management AVP
4 weeks ago
AVP Model Risk ManagementThe job is an AVP role in Model Risk Management team, which requires understanding of model risk management framework and regulatory requirements. The role supports the team to implement and enhance the model risk management framework including carrying out model risk governance activities and performing independent model validation. This role will also get exposure to End User Computing (EUC) control framework implementation. This role executes certain tasks around model risk governance, conduct, add business values in model validation process, and contribute in EUC control process as well.Model ValidationDrive and support the improvement on model risk management policy, procedure, and standardsImplement the activities defined in model risk management framework and ensures that the Bank's model risk management framework continues to align with regulatory expectations and proactively enhance the internal BAU processMaintain model inventory and conduct annual model review/attestation processesFacilitate the bank wide model risk related activities e.g. risk assessment in new product launching, model risk aggregation/assessment and model risk management trainings to internal stakeholdersEUC ControlContribute in EUC control framework maintenance, execution and enhancementCollaborate with relevant stakeholders to carry out the activities defined in EUC control frameworkDrive the implementation and enhancements of EUC control in the BankModel ValidationCollaborate with all internal stakeholders and perform as the 2nd line of defense for model riskConduct or support the independent model validation for models defined in the model inventory and produce model validation reportsCoordinate the remediation of model validation findings and provide guidance of the finding ownersCommunicate with model developers/owner/users and senior management regarding validation findings and remediation activitiesQualificationsBachelor's degree required. Master's degree in Financial Engineering, Mathematics, Statistics or Computer Science major preferredMinimum 5 years of Model risk management experienceDemonstrate strong analytical and quantitative skills to understand and validate models effectivelyDemonstrate knowledge of SR11-7, supervisory guidance on model risk management, and other relevant banking regulations from regulators including OCC and FRB. Specialty in credit risk models and compliance models preferred. FRM or CFA preferredPay RangeActual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.USD $65,000.00 - USD $150,000.00 /Yr.
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New York, United States Bank of China Limited, New York Branch Full timeIntroduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or...
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New York, New York, United States Bank of China Limited, New York Branch Full timeIntroductionEstablished in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our...
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New York, United States Millennium Management Full timeEnterprise Risk Modeling – Cross Asset QuantPrincipal ResponsibilitiesDevelop of cross-asset analytics across all MLP strategies, supporting the Office of the CIO across Firm-wide initiatives Leverage multi-asset class risk and pricing analytics framework to develop insights using rich datasets. Contributions to the development of multi-asset class content...
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AVP, IT Category
3 weeks ago
New York, United States Bayview Asset Management Full timeOverviewAbout Us Founded in 1993, Bayview Asset Management is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset-backed securities, mortgage servicing rights, and other credit-related assets. Position Summary The Assistant Vice President (AVP), IT Category & Third-Party Risk Management plays a...
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Enterprise Risk Modeling
2 weeks ago
New York, United States Millennium Management Corp Full timeEnterprise Risk Modeling - Cross Asset Quant Principal Responsibilities Develop of cross-asset analytics across all MLP strategies, supporting the Office of the CIO across Firm-wide initiatives Leverage multi-asset class risk and pricing analytics framework to develop insights using rich datasets. Contributions to the development of multi-asset class content...
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AVP, Market Risk Governance
3 weeks ago
New York, United States Madison-Davis Full timeTitle: AVP, Market Risk Governance Office Status: Hybrid – NYC Base Salary: $90,000 – $130,000 Overview A leading international financial institution is seeking an Assistant Vice President – Market Risk Governance to join its Risk Management team in New York City. This role offers the opportunity to oversee and strengthen market risk governance across...
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AVP, Head of Model Risk Management
2 weeks ago
New York, United States Chubb Full timeChubb is seeking a highly motivated and experienced Model Risk Manager to join our Global Enterprise Risk Management Team. The successful candidate will play a pivotal role in leading the implementation of a comprehensive model risk management framework across Chubb Group and contributing to the effective execution of the firm’s strategic objectives....
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AVP, Head of Model Risk Management
2 weeks ago
New York, United States Chubb Full timeChubb is seeking a highly motivated and experienced Model Risk Manager to join our Global Enterprise Risk Management Team. The successful candidate will play a pivotal role in leading the implementation of a comprehensive model risk management framework across Chubb Group and contributing to the effective execution of the firm’s strategic objectives....
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AVP, Head of Model Risk Management
1 week ago
New York, United States Chubb Full timeChubb is seeking a highly motivated and experienced Model Risk Manager to join our Global Enterprise Risk Management Team. The successful candidate will play a pivotal role in leading the implementation of a comprehensive model risk management framework across Chubb Group and contributing to the effective execution of the firm’s strategic objectives. Hit...
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AVP, Head of Model Risk Management
1 week ago
New York, United States Chubb Full timeChubb is seeking a highly motivated and experienced Model Risk Manager to join our Global Enterprise Risk Management Team. The successful candidate will play a pivotal role in leading the implementation of a comprehensive model risk management framework across Chubb Group and contributing to the effective execution of the firm’s strategic objectives. Hit...
