Vice President/Assistant Vice President - Model Risk Management - Validation - Bank

Model Risk Management-Validation (AVP to VP)

The successful candidate will:

- At a Vice-President (VP) level the candidate will validate and backtest equities VaR models to ensure they remain fit for purpose and recommend improvements where necessary, including assessing the appropriateness of historical data used in calculations.

- Participate in independent validation reviews across a wide range of core Risk Capital or other business-impactful models used throughout the bank,

- Be expected to demonstrate independence in planning and stakeholder engagement, testing design and execution, results interpretation and presentation, and the production of documentation strong enough to evidence a sound challenge to both internal and external parties.

You Offer:

- Previous experience in quantitative risk management within an investment bank validating or developing VaR models (Equities & Hybrids), with a good understanding of products traded and risks generated by trading strategies.

- Candidates for the role in the MRM team are expected to hold a first degree in a quantitative discipline, e.g. Mathematics, Physics, Engineering, Finance, and preferably a Masters or PhD, having a strong mathematical background in statistics, time series analysis and probability theory is essential.

- Good programming skills using one of the following C#, F#, Python or R.