Risk Modeling Lead
3 days ago
The Tandym Group is seeking a highly skilled VP - Counterparty Risk to join their team in New York City. The estimated annual salary for this role is around $250,000. In this position, the VP - Counterparty Risk will lead counterparty credit risk analytics with a core focus on understanding PFE modeling and analyzing various modeling approaches.
Job Description:- This is a critical role that requires a deep understanding of counterparty credit risk analytics and PFE modeling.
- The VP - Counterparty Risk will work closely with the risk modeling team to define or enhance PFE methodology for existing or new products.
- The VP - Counterparty Risk will also lead efforts to establish back testing framework and analysis of the results for any remediation actions.
- Lead the risk modeling team to define or enhance PFE methodology for existing or new products.
- Lead efforts to establish back testing framework and analysis of the results for any remediation actions.
- Monitor CCR analytics for large DoD and MoM moves in PFE.
- Analyze/validate exposures (PFE) for any limit triggers and credit limit breaches.
- Perform credit limit sizing and define maximum tenor limits.
- Monitor and review CVA limit framework.
- Provide month-end commentary for large exposure moves in top 20 exposures, for industry/country exposures, for product exposure analysis across IR, FX and non-derivative transactions.
- Provide CCR slides for senior management discussion and committees (GRMC, RMC etc.).
- Perform Wrong Way Risk analysis for counterparties and enhance existing WWR framework.
- Oversee production of daily counterparty credit exposure reports for accuracy and comprehensiveness.
- Liaise with various groups within Capital Markets for the quick resolution of credit exposure-related issues.
- 7+ years of experience in Counterparty Credit Risk, Market Risk, Front Office Modeling, or Valuation-related discipline.
- PhD or Master's Degree in Quantitative field (Finance, Mathematics, Engineering, Physics, Computer Science, or Statistics).
- Strong knowledge and understanding of Capital Markets, derivatives products, and derivatives valuation/PFE calculation.
- Understanding of xVA calculations such as CVA, DVA, FVA, KVA, MVA, etc.
- Experience in working with internal developers, data sourcing teams and external vendors to drive development of CCR analytics, system infrastructure and overall CCR framework.
- Good working experience in analyzing stress testing results and enhancing stress testing framework.
- Strong technical skills, specifically Excel/VBA, python, data visualization tools (e.g. Power BI) etc.
- Great interpersonal skills.
- Excellent communication skills (written and verbal).
- Strong attention to detail.
- Highly organized.
-
Lead Model Risk Management Specialist
3 weeks ago
New York, New York, United States Michael Page Full timeAs a Lead Model Risk Management Specialist at Michael Page, you will play a critical role in driving the development and improvement of models and processes that shape our business.About UsWe are a leading professional recruitment agency, specializing in matching top talent with exciting job opportunities. Our team is passionate about helping candidates like...
-
Advanced Risk Model Engineer
4 weeks ago
New York, New York, United States Selby Jennings Full timeFintech Startup | Senior Quantitative DeveloperSelby Jennings partners with a prime brokerage startup to service both traditional and digital assets.The firm aims to become the leading global credit network for institutional investors.We are seeking an experienced Senior Quantitative Developer to join our quants team and develop new risk models and...
-
Risk Modeling and Analytics Developer
4 days ago
New York, New York, United States Federal Reserve Bank Full timeJob DescriptionThis is a challenging opportunity for a skilled Risk Modeling and Analytics Developer to join the New York Stress Testing Department at the Federal Reserve Bank of New York. The successful candidate will work closely with a dedicated group of programmers and quants to achieve program objectives, develop high-quality deliverables, and report to...
-
Model Governance Lead
3 days ago
New York, New York, United States Barclays Full timeAbout the RoleWe are seeking a highly skilled VP to lead our Model Governance team at Barclays. The successful candidate will be responsible for developing and implementing risk management strategies for complex models used across various business lines.Key ResponsibilitiesDevelop and implement risk management strategies for complex models.Validate and...
-
XVA Model Risk Specialist
3 weeks ago
New York, New York, United States Selby Jennings Full timeSenior VP - XVA Model RiskWe are looking for a highly skilled Senior Vice President to join our Model Risk team covering XVA and Counterparty Risk Models.This individual will be responsible for performing model validation duties across a range of XVA models including pricing and risk models across a broad range of asset classes. This includes exposure to...
-
Senior Quantitative Risk Analyst
3 weeks ago
New York, New York, United States Selby Jennings Full timeA leading investment bank in New York is seeking a skilled VP to join their Model Risk team covering XVA and Counterparty Risk Models.The successful candidate will be responsible for performing model validation duties across a range of XVA models including pricing and risk models across various asset classes such as Equities, Rates, FX, Commodities, and OTC...
-
Senior Credit Risk Model Strategist
3 weeks ago
New York, New York, United States Michael Page Full timeCompany Overview">Michael Page is a leading global recruitment agency, providing expert employment services to clients and candidates across multiple sectors.">Salary">$180,000 - $185,000 per annum (estimated), based on the national average for a Senior Credit Risk Model Strategist in New York.">Job Description">The Senior Credit Risk Model Strategist will...
-
New York, New York, United States Mizuho Americas Full timeExecutive Director - Legal Entity RiskMizuho U.S. Operations is seeking a highly motivated and experienced individual to lead the Legal Entity Risk team as an Executive Director. This pivotal role involves managing capital model expansion, governance, and maintaining relationships with associated regulatory bodies.Key Responsibilities:Lead and manage the...
-
Financial Risk Modeling Expert
1 week ago
New York, New York, United States Standard Chartered Full timeOverview of the Job:We are seeking a highly skilled Quantitative Developer to join our Modelling and Analytics Group in the front office. As a key member of our team, you will be responsible for developing software solutions that generate revenue for the bank and collaborating with cross-functional teams to achieve project goals. Your expertise in Haskell...
-
Senior Credit Risk Model Development Specialist
4 weeks ago
New York, New York, United States Michael Page Full timeThe Michael Page company is seeking an experienced Senior Credit Risk Model Development Specialist to join their team in Midtown. This role is a key part of the credit risk model system, and we are looking for someone with strong technical skills and business acumen.Job OverviewWe are a leading recruitment agency providing expert job matching services to...
-
New York, New York, United States Michael Page Full time**Job Opportunity:**We are seeking a seasoned Model Risk Audit consultant to join our client, a leading global banking group based in the United States. As part of their internal audit department, this role will be responsible for handling model risk audits.About the Company:The company is a full-service global banking group with a significant presence in...
-
Quantitative Risk Modeling Engineer
4 days ago
New York, New York, United States Galaxy USA Full timeGalaxy USA Job DescriptionWe are seeking a highly skilled Quantitative Risk Modeling Engineer to join our Risk Engineering team at Galaxy USA. As a critical member of our team, you will be responsible for designing, developing, and implementing new and existing quantitative models, processes, and applications.The ideal candidate will have 5+ years of...
-
Data Modeling Lead
4 weeks ago
New York, New York, United States Capital One Full timeAbout the Role:Capital One is seeking a highly skilled Data Modeling Lead to join our team. As a key member of our organization, you will be responsible for developing and implementing enterprise ontologies in support of our Data Strategy.Job Summary:The successful candidate will work collaboratively across Capital One Lines of Business and Functions to...
-
Insurance Risk Analyst Lead
3 weeks ago
New York, New York, United States Akko Full timeAbout AKKOWe are a fast-growing insurtech company dedicated to making protecting people's tech easier and more affordable. Our mission is to leverage technology to provide customers with peace of mind that their devices are safeguarded in a transparent and seamless way.Job SummaryWe are seeking a highly analytical and detail-oriented Actuarial Analyst to...
-
AI Model Deployment Lead
3 days ago
New York, New York, United States Kalepa Corporation Full timeTransform the Commercial Insurance Industry with KalepaKalepa Corporation is a trailblazer in commercial insurance, leveraging AI to revolutionize underwriting decisions. We're seeking an experienced Machine Learning Engineer to join our team and lead the development of machine learning models that drive growth and efficiency.About the Role:Salary: $165,000...
-
Credit Risk Modeling and Analytics Specialist
3 weeks ago
New York, New York, United States Experis Full timeJob OverviewExperis is seeking a skilled Credit Risk Modeling and Analytics Specialist to join our team. This role will be responsible for executing periodic stress testing exercises to monitor wholesale credit risk and identifying vulnerable areas.Key Responsibilities
-
Data Scientist
2 weeks ago
New York, New York, United States Michael Page Full timeAbout the RoleWe are seeking a highly skilled Data Scientist to join our team as a VP Model Development Officer. This is an exciting opportunity for you to leverage your technical expertise and passion for data-driven decision making to drive business growth.Key Responsibilities:Develop, calibrate, and manage credit risk models, including vendor project...
-
Senior Financial Assets Modeler
3 weeks ago
New York, New York, United States Flagstar Bank Full timeJob Description:A Senior Financial Assets Modeler is responsible for leading the design, build and operation of compliant quantitative models.Develops analytics for current expected credit loss (CECL), macroeconomic scenarios (Stress Testing), and portfolio (Loan Concentration) credit risk.Key Responsibilities:Design and assist with the integration of all...
-
Risk Management Director
4 weeks ago
New York, New York, United States Corporate Risk Solutions, LLC Full timeAbout the Opportunity: At Corporate Risk Solutions, LLC, we are committed to delivering exceptional risk management services to our clients. We are seeking a talented Chief Risk Officer to join our team in New York, bringing expertise in risk assessment, insurance policy review, and contract negotiation. As a key member of our leadership team, you will play...
-
Chief Risk Officer
3 weeks ago
New York, New York, United States Corporate Risk Solutions, LLC Full timeCompany Overview: Corporate Risk Solutions, LLC is a leading risk management and insurance advisory firm dedicated to the private equity and alternative investment community. With a global presence and headquarters in New York, our clients include over 90 private equity, hedge funds, distressed investors, and hundreds of underlying portfolio company assets...