ACCOUNTING & FINANCE PLACEMENTS PHONE: 212-856-9888 FAX: 212-856-0826 info@marcusjobs.com

ACCOUNTING & FINANCE PLACEMENTS PHONE: 212-856-9888
FAX: 212-856-0826
info@marcusjobs.com

16
FEB
2016

Senior Manager of Enterprise Model Risk

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Our client, a premier International Bank, is seeking a Senior Manager of Enterprise Model Risk to lead the management of all mathematical models related to CCAR stress testing.

 

Responsibilities:

  • Examine, approve, and replicate various CCAR models.
  • Advise and challenge model developers on all CCAR modeling requirements.
  • Inform EMRM of all proper documentation of the models’ business purpose and context.
  • Comply with regulatory policies, guidelines and procedures pertaining to model risk.
  • Assess, document, and validate mathematical models by engaging model builders and related personnel.
  • Use econometric models and statistical forecasting to complete time series analysis.
  • Understand the flow and context of the business’s model usage.
  • Make sure that model users follow the company’s model risk policy.

 

Qualifications:

  • 5+ years of mathematical modeling experience in a similar role (Strong academic/publication background may qualify)
  • Exceptional knowledge of risk models and derivatives pricing for main product types and expansive exposure to quantitative risk management methodology.
  • Familiar with American and Canadian financial regulatory requirements and guidelines.
  • Solid communication and interpersonal skills.
  • Graduate degree in a quantitative field
  • Preferred background with CCAR modeling/stress testing, econometrics, and financial forecasting models.