Validating Basel II related and/or quantitative models in the area of Retail Credit Risk (aka Consumer Credit Risk). recruitment
This includes assessing model risk by reviewing model assumptions, verifying the mathematical formulation, conducting business analyses, and developing similar models to perform statistical testing, and writing validation reports. Job description:Interacting with model developers, risk managers, other staff members, and internal, external, and government auditors. Validations are done in 2 steps: Interim (or Level 1) validations involve assessing the adequacy of model documentation, conducting minimum statistical testing and re-deriving any formulae, and opining on whether this model seems plausible. Read more […]
Urgent – Jr. Portfolio Risk Analyst (Connecticut) recruitment
Large Connecticut financial institution is in urgent need of a Portfolio Risk Analyst. This group is becoming more instrumental to the firms business and therefore is growing. This opportunity will allow the right candidate to progress into many different roles in the future. Please respond to this email with your most up to date resume if you are interested. Alternatively please pass this along to anyone who may be interested.Role:- Work as part of the Portfolio Risk Analytics Team in the development, testing, and regular running of key portfolio models including: Economic Capital, Stress Read more […]
Enterprise Risk Manager recruitment
The position is primarily responsible for leading the enterprise-wide risk management process under the direction of the CRO. The ERM Manager will be required to implement the standard components of ERM bank-wide, those being: internal environment, risk response, objective setting, control activities, event identification, information communication, risk assessment and monitoring.Duties:Develop an integrative representation of risk taxonomy (i.e. Credit, Market, Operational, Liquidity, and Interest Rate).Develop quantitative qualitative statements of risk appetite (Bank Business Unit) and ensure Read more […]
New Business Software Sales – entry level recruitment
For over 20 years we have delivered industry-leading risk managementand regulatory compliance solutions to the financial services industry and large corporations around the world. Our proven global solutions reduce the risk inherent in collateralized trading operations, enable firms to measure and manage liquidity and meet the demands of global regulators. Our 300+ clients include over 20 of the world’s “Top 50″ banks, nearly half of the banks operating in the UK, as well as several industry leading banking businesses, investment firms, asset managers, hedge funds, fund administrators Read more […]
Strategic Risk Junior Quantitative Researcher recruitment
Strategic Risk Research (SRR) is responsible for Bloomberg’s research and development effort for cutting edge risk models. Current projects include the implementation of counterparty risk models and other models for the Enterprise Risk system. Other SRR projects involve developing regime switching models, formulating early warning crisis detection models, and implementing robust risk measures for stressed markets. The Role SRR quantitative researcher will be hands-on implementers in the build out of our new risk models. This person will participate in the development and implementation of a counterparty Read more […]
Managing Director | Head of Quantitative Market Risk Modeling | New York City recruitment
Managing Director level position required by top investment bank’s front office market risk team covering a broad range of asset classes in New YorkA global investment bank is looking to expand its front office market risk team with this key hire. Currently there is an exciting opportunity for a managing director level candidate to join the team to manage the market risk modelling team, covering all aspects from pricing to counterparty risk.The main responsibilities for this role are:Manage the team of analysts within the market risk function, both pricing and market risk modelingManage the team Read more […]
Commercial & Industrial Loans- Quantitative Credit Risk Analyst recruitment
The role is to build, document and support Basel II, PD, LGD models. Candidate must have deep experience with integrating Basel II models and have knowledge of credit and market risk software [KMV, RiskCalc, CMM, CreditEdge, COMPASS]. A degree in a quantitative field [econometrics] and 5+ years of relevant experience in using regression models that measure loss given default (LGD) and loss frequency for a wholesale corporate, industrial and commercial real estate loan portfolio. The Candidate must also have implemented large credit risk models and will need solid SAS programming skills. Current Read more […]
VP – Statistical Analysis recruitment
Responsibilities: • Lead statistical and analytical problem solving for a business area in order to improve profitability and the effectiveness of business decisions • Identify appropriate areas of opportunity to apply statistical methods within the business. • Design statistical and analytical solutions and lead the development and implementation of those solutions. • Advance the statistical capabilities of the business overall through increased statistical knowledge, development of statistical capabilities, and incorporation of research into usable solutions. • Lead and Read more […]
Director – Capital Markets – New York, NY recruitment
Must have strong product knowledge of fx and derivatives trading, as well as a strong foundation in counterparty credit risk management. Provide oversight, implementation, planning to support the continued revenue growth by coordinating with the marketing teams as well as various project teams throughout the bank. Must be an effective team player able to manage cross-functionally. The position requires a college degree and 10+ years management experience with a major bank with a background in trading, risk, regulatory/compliance or related functions. The bank offers a competitive Read more […]
Quantitative Risk Analytics AVP or VP level recruitment
This is a risk analytics position in the Risk Management Department. The position will functionally focus on four main, interrelated areas: 1) Design/Develop market risk models for stress tests and VaR calculations 2) Design/Develop models counterparty credit risk measurement 3) Validate level 2/3 front office pricing models 4) Liaise with Risk IT to develop short term and strategic solutions per the Departments strategy and day-to-day needs 5) Develop risk measurement methodologies and solutions 6) Liaise with Risk IT to develop short term and strategic solutions per the Departments strategy and Read more […]