Executive Director, Model Validation recruitment
Market Liquidity Risk MangementGlobal Investment Bank
This role is to provide leadership to a team of Model Val Quants who analyse model risk for: FX Exotic Rates Derivatives, and other Structured Products across G7 and Emerging Markets, validating stochastic valuation models, running Monte Carlo simulation and pricing assets.
RESPONSIBILITIES:
- Manage the Model Validation Quant team
- Deliver independent model evaluation
- Develop innovative valuation models
- Develop relationships with Front Office model development teams, Market Risk and the Business to identify models risks for review
- Develop Model Validation / Model Risk as a centre of excellence for the modelling of risk
- Analyse and escalate model risks issues
- Provide quantitative expertise to team members
EXPERIENCE:
- Strong modelling experience within a market / trading risk environment
- Demonstrable creativity in resolving complex problems identifying solutions
- Excellent team management mentoring skills
- Good range of contacts with other experts in the field
- Ability to generate new ideas for new projects
- Relationship management with QR, Market Risk, Heads of Trading, Snr manangement
KEY SKILLS:
- Excellent skills in mathematical finance
- Advanced programming: VBA, SQL, C++, VBA, HTML, etc.
- Proven research ability in mathematical discipline
- PhD or equivalent in a quantitative subject
- A derivatives trading background will be an advantage
June 6, 2012
• Tags: Executive Director, Model Validation recruitment, Risk Management careers in the UK • Posted in: Financial