Vice President, Model Validation
Core
Independent validation of quantitative models (PFE & XVA) across asset classes to safeguard risk management integrity.
Role type
Senior IC model validation expert (quantitative finance)
Builds
Independent validation reports, challenger models, and remediation tracking for model risk governance.
Domain
Financial services / Quantitative risk modelling / Derivatives pricing
Deliverable
production ML models
Required skills
Quantitative modelling (counterparty credit risk/derivatives), xVA model development/validation, Python/R programming, simulation techniques, numerical methods, statistical inference, financial mathematics, regulatory compliance knowledge
Preferred skills
Data science principles, technical developments in pricing methodologies, structured problem-solving
Technologies
Python, R
Responsibilities
Conduct initial and periodic validation of quantitative models; Design and prototype challenger models; Perform quantitative analysis of frameworks and assumptions; Test numerical implementations; Check compliance with governance requirements; Document findings in validation reports; Track remediation actions; Prepare model risk reporting for oversight committees; Collaborate with Risk Analytics and Front Office quants
Seniority
VP, hands-on IC
