Model Risk Validation Specialist

6 days ago


Jersey City, New Jersey, United States beBee Careers Full time

Job Summary

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This role involves the development and validation of financial risk models to meet regulatory standards. The successful candidate will have a solid understanding of financial markets and economics, as well as expertise in model development and testing.

Key Responsibilities

  • Develop and validate financial risk models to ensure they meet regulatory requirements
  • Create policies and procedures for model development and maintenance
  • Audit policies and procedures to ensure compliance
  • Work with IT teams to improve data gathering and modeling
  • Develop relationships with business units to understand their risks and requirements

Requirements

  • 3+ years of experience in financial risk management or a related field
  • Strong understanding of financial markets and economics
  • Expertise in model development and testing
  • Excellent communication and interpersonal skills


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