AVP/ VP Model Validation

New York Permanent USD150,000 - USD165,000
  • One of the largest financial institutions in the world
  • Exposure to validate different types of credit, market, and compliance models

About Our Client

Our client is one of the largest and most profitable financial institutions in the world. The bank is involved in large scale commercial lending transactions, FX settlements and fund underwriting.

Job Description

  • Validation of Compliance, Credit/Market risk and other ad hoc models
  • Review soundness of model conception, assure data integrity and review governance/controls
  • Liaise with internal and external senior leadership on findings and write validation reports on a regular basis
  • Potential for project-based work within the Model Risk Management business

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

  • Strong model validation experience at another bank/financial institution, preferably with Compliance, Credit Risk and Market Risk models
  • Deep knowledge in mathematics and/or statistics, solid writing skills and the ability to effectively communicate with senior stakeholders
  • Understanding of model risk regulations (SR 11-7, etc.)
  • Ability to work with a team and related departments as well as strong independent working skills

What's on Offer

  • Competitive base and cash bonus compensation package
  • Benefits include:
    • Full medical coverage for employee and 80% coverage for family members
    • 5% dollar for dollar 401K match
    • 2% profit sharing
    • Generous PTO, Sick Day and Personal Day package
Lizzy Pacillo
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Job summary

Banking & Financial Services
Sub Sector
Risk Management
Financial Services
New York
Contract Type
Consultant name
Lizzy Pacillo
Job Reference