Urgent Job Opportunity in Model Validation recruitment

You would be responsible for evaluating and managing risks associated with the company's models, including models of defaults, security valuation, prepayments, loan scoring and others. Assess model risks by performing detailed model validation reviews, establishing performance thresholds, researching model approaches, creating alternative models and other means. Report findings to model owners and management, and ensure those findings are addressed appropriately. Make expert recommendations to Senior Management about proposed new models or model changes, and advise them on quantitative and theoretical issues. Provide guidance to Finance about the appropriateness of models for use in financial reporting. Receives assignments in the form of objectives and determines how to use resources to meet schedules and goals. Provides guidance to subordinates within the latitude of established company policies. Recommends changes to policies and establishes procedures that affect immediate organization's operation. Works on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of current business trends. Acts as an adviser to subordinates to meet schedules and/or resolve technical problems. Develops and administers schedules, performance requirements; may have budget responsibilities. Often must lead a cooperative effort among members of a project team. Manages the coordination of the activities of a section or department.

Basic Requirements:
- Graduate Degree, preferably at a PhD level, in a quantative area such as economics, statistics, or finance is required
Preferred Skills:
- 3-8 years of expereince in credit and/or market risk model development/validation is a definite plus
- Excellent communication skills
- Familiarity with SAS
-other computer languages such as SPSS, Matlab, C+ and Stata are a plus

This is a great opportunity to join a company that is highly investing in building out these areas where you would have a chance to really move ahead in your career. Please contact Emily with Huxley Associates to learn more!