Model Risk Manager

Job Title: Model Risk Manager
Contract Type: Permanent
Location: New York, USA
Salary: US$150000.00 - US$170000.00 per annum
Reference: HQ00073215_1527028963
Contact Name: Emily Ward
Contact Email:
Job Published: May 22, 2018 23:42

Job Description

Model Risk Manager

Who will you be working for?
You will be working for a Financial Services company that offers private banking, private business banking and private wealth management. My client prides themselves on offering exceptional relationship-based service with a solid commitment to responsiveness and action across multiple locations in the US. There can be a lot of opportunities for the right person including relocation (optional) moving towards quant, statistics and machine learning and the opportunity to move into wealth management or compliance or to stay in validation.

What will you be doing
Your role will include maintaining high quality models that are available for use in critical decision making. You will work closely with model owners and developers through the model lifecycle. You will be performing validation tests, discussing findings with stakeholders both internal and external and writing validation reports. In addition to these core duties, the Model Risk Manager also has opportunities to work on ad hoc projects within Enterprise Risk Management (ERM). This position is supported by other MRM team members, including Junior Model Risk Managers.

Relevant experience
Stress Testing experience, Model Development or Validation
Understanding of supervisory guidance on Model Risk Management is required.
Strong programming skills in one or more of the following: R, Python and SQL.
Ability to work independently as well as collaborate with colleagues.
Good communication skills and confidence in speaking with internal and external stakeholders
2 + CCAR Cycles
Experience in AML is a bonus

For more information about this exciting opportunity please contact or click apply.

Lawrence Harvey is acting as an employment agency in regards to this position.
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