Senior Model Validation Manager recruitment

ANZ is accelerating the growth of its business in Asia. We realise that our greatest asset is our people. That is why we are creating a unique climate of inspiration, leadership, values and great opportunities that will enable the best in the market to thrive as part of our diverse team.

An excellent opportunity within the ANZ Model Validation team based in Singapore, the role offers tremendous opportunity for growth with the team covering a range of
products models across Interest Rate, FX, Commodity and Equity asset classes.
The role will mainly focus on the Interest Rate Exotic Derivatives business; with a
view to assisting on other asset classes as and when necessary. In this role you will be required to independently validate internally/externally developed models and pricing functions with reference to academic literature, existing models and/or numerical verification.

You will need to verify that validated functions have been implemented correctly in other environments (e.g., third party software) via independent benchmarking (in C++/VBA) or utilizing validation software. The role holder will be responsible for ensuring that all validation work is well documented, transparent and can be reproduced. Maintaining productive working relationships with front-office quantitative groups and IT support groups and also providing timely validations of functions - balancing the need for timely delivery to market with appropriate and diligent validation. Other areas of responsibility may include providing quantitative support to other Market Risk teams or other areas within the Group as required and actively participating in research programs into areas that are likely to be beneficial to the Bank.

Qualifications:

To be considered for this role, you must have at least 4 years proven experience in computational finance either in a previous Model Validation, Front-office Quant or
Quant Developer role. You are expected to have strong mathematical skills - PhD (preferred) level in a numerate discipline (e.g. Mathematics, Physics, Engineering, Computational Finance) and solid programming skills in C++ and VBA. It is mandatory to have strong analytical and problem solving skills. A detailed understanding of financial markets with strong focus on exotic structured products and solid understanding of market risk management and measurement techniques will be required.

This is an opportunity to undertake a role offering exceptional opportunities for professional development with a broad range of career paths.