Director – Operational Risk Analytics – Tier 1 Investment Bank – New York & Virginia, USA
JOB DESCRIPTION Lead the operational risk modeling team’s development of Basel II compliant Loss Distribution Approach (LDA) models and serve as a serve as a subject matter expert in development of statistical models and distributions to support other areas of economic capital modeling. This effort includes assessing the quality of internal data, incorporation of external data where appropriate, development of loss frequency and severity distributions, and monte carlo simulation to estimate capital requirements for operational risk. This individual will also be called on to establish rigorous Read more […]
Senior Model Validation Quantitative Analyst,
The model validation Group runs the Model Risk Governance Program, which supports and implements the Model Risk Governance Policy for mitigating model risk. The Senior Quantitative Analyst will play a senior role in the MVG, focusing on reviews of models used to make business and operating decisions—most notably regulatory and economic capital models, as well as insuring the implementation of Model Risk Governance Program guidelines and requirements. These models are in areas including wholesale credit risk (e.g., probability of default, loss given default, exposure measurement, and loan loss Read more […]
Basel II Modeling Manager – Tier 1 Investment Bank – New York & Virginia, USA
JOB DESCRIPTION – Build Basel-II compliant scorecards and models for measuring obligor and facility risk – Engage with Credit Approval and Underwriting organizations to understand loan and deal structures, facilitate discussion and drive agreement on proposed modeling approaches – Take ownership of the model development process; lead all stages of model development from data collection, model building, model validation, testing and calibration – Develop comprehensive model documentation that stands up to Capital One and regulatory standards – Contribute to the development of a robust credit data Read more […]
Junior Compliance Analyst for Global US Based Consultancy
The role will specialise within the AML and KYC space involving a substantial amount of regulatory reporting internally and candidates will be expected to help support the risk regulatory function and ensure the bank is compliant with all the financial regulations. The role involves – Provide analysis and reports on the AML and KYC functions – Providing the head of compliance with regular updates on the performance of the AML and KYC models – Maintaining and archiving data received from AML monitoring – Provide regulatory Read more […]
Senior Fixed Income Quantitative Developer
Salary: $125,000-$150,000 + bonus and benefits Location | New York A new and exciting role working as a FI Quantitative Developer has emerged in New York within a leading financial institution looking to expand their team. The successful candidate will be given a great deal of responsibility from day one and will be instrumental in trade approval. This is a Senior level role with further opportunities to head their own team in the future. Responsibilities:• Developing and maintaining the analytics library. • Developing and implementing quantitative models to validate different Read more […]
Risk Manager
The Risk Manager will report to the Chief Risk Officer and will focus on Liquid Markets hedge funds with activity throughout all asset classes such as: rates, foreign exchange, credit, equities and commodities. The Risk Manager will: Cover market and credit/counterparty risksHave a strong understanding of portfolios at position level; identify and analyze risks within the portfolio’s strategies and for the overall portfolioProactively communicate with the portfolio managers about their portfolio and the overall marketBe actively involved in portfolio construction, help portfolio managers Read more […]
US Consumer and Commercial Operational Risk Director
Summary: The Business U.S. Consumer Commercial Bank Risk Management Department is in charge of establishing an effective control environment across all business processes for Retail Consumer Commercial Bank. The Operational Risk Mgt role will manage Operational Risk across the U.S. Consumer Commercial Bank business. This role will be responsible for building and sustaining the organization and processes to effectively manage Operational Risk, which is a critical aspect to strengthening our culture of Oversight and Control and meeting specific Regulatory requirements. This role requires Read more […]
Director Model Review and Model Validation, Vice President
MVG runs the Model Risk Governance Program, which supports and implements the Model Risk Governance Policy for mitigating model risk. The Director Model Review and Model Validation will play a supervisory role in the MVG, focusing on reviews of models used to make business and operating decisions—most notably regulatory and economic capital models, as well as insuring the implementation of Model Risk Governance Program guidelines and requirements. These models are in areas including wholesale credit risk (e.g., probability of default, loss given default, exposure measurement, and loan loss Read more […]
Data Management/Analytics – Director – Credit Risk – 220k USD
My client, a leading Financial Services Brand/Institution, is going through huge growth at the moment due to the expansion of the Credit Risk Market due to Dodds-Frank and the inception of Basel 2.5 and III. They are looking for a Director who has excellent experience of Data Analysis, Data Analytics and Data Pooling in a quantitative Credit Risk environment. You will be working strategically in developing teams aggregate data from multiple international banks, as well as individual credit portfolio data submissions and determine LGD as well as Default Rates in different regional or asset class Read more […]
Jr. Market Risk Modeling Quant
Jr. Market Risk Modeling QuantDescriptionMathematical analysis of front office valuation and risk models.Product analysis: Identifying the primary risks associated with complex derivative products and their suitability for being risk managed in specific models.Independent model implementation in the departmental quant library with C++ Qualifications1-2 years’ experience in either BGM or HJM modelsRates model related experience strongly recommended.PhD Degree level education, in a quantitative discipline (Math, Physics, Actuarial Science, Finance) strongly preferred or a First Class Read more […]