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JOB DESCRIPTION

Job #: 6698
Title: Director - Quantitative Model Risk
Job Location: Atlanta, Georgia - United States
Employment Type:
Salary: $120,000.00 - $205,000.00 - US Dollars - Yearly
Other Compensation: Traditional - financial institution
Employer Will Recruit From: Nationwide
Relocation Paid?: Yes

WHY IS THIS A GREAT OPPORTUNITY?


Director - Quantitative Model Risk

Our client bank nurtures a workplace atmosphere where people with a variety of thoughts, ideas and backgrounds come together and collaborate to make their institution a great company and a great place to work.

JOB DESCRIPTION

Director - Quantitative Model Risk

With an expanding network of quantitative analysts, the client is working to create a dynamic environment with plenty of room for its associates to learn, grow, and realize their potential. 

  • Contributing to model validation plans, in a collaborative, leadership, or analytic capacity.
  • Complying with the company’s model policy and regulatory requirements.
  • Understanding business processes and portfolios related with model use, and the nature of model use within those methods.
  • Contributing horizontally by knowledge sharing across validation teams.
  • Documenting validation processes and results.
  • Evaluating the methodologies and processes used by modeling teams to progress and manage their models, and detecting possible risk and the accompanying materiality of the risk.
  • Benchmarking model methodologies and performance by specifying and managing the expansion of different models.
  • Solving problems with limited data and making conclusions with analytical justifications.
  • Providing constructive and actionable solutions to model issues identified.
  • Researching industry practices related to model methodologies.
  • Communicating validation results to management, model owners, regulators, and auditors.
  • Leveraging education, colleagues and training opportunities to develop solutions to business problems.

QUALIFICATIONS

 

  1. 5 or more years of experience developing and managing models at a Large and Complex bank
  2. Bachelor’s degree in mathematics, statistics, business, accounting, finance, quantitative analysis, or related areas.
  3. 5 or more years’ experience in quantitative analysis with Statistics, Econometrics or Financial Risk Management in banking or a related industry.
  4. Excellent analytical skills that consist of statistical analysis, model validation/development/execution.
  5. Outstanding experience using statistical programming languages such as SAS, SQL and R.
  6. Exceptional oral and written communication skills, including presentation skills, the capacity to create concise. model documentation, as well as the ability to critically review and edit documents? a writing sample may be   requested.
  7. Ability to effectively communicate with peers, senior management and partners.
  8. Capacity to work under pressure and organize, manage and prioritize multiple deliverables.
  9. 3 or more years of experience in quantitative analysis related to Statistics, Econometrics or Financial Risk Management
  10. Master’s degree in Statistics, Economics, Financial Engineering, Operational Research, Physics or Mathematics
  11. Doctorate in a quantitative field such as Statistics, Economics, or Mathematics
  12. 5 or more years of experience working with QRM software



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