Location & Compensation

● Hybrid – Boston or Jersey City

● Up to $190K + Bonus

● No Visa Sponsorship or Relocation Assistance

Seeking an experienced Model Validation Associate Director to oversee enterprise-wide

Model Risk Management (MRM), ensuring regulatory compliance and effective risk

assessment. This role involves validating financial models, analyzing risk methodologies, and

collaborating with internal stakeholders to maintain model integrity and performance.

Responsibilities

● Perform model validations, reviews, and approvals, ensuring compliance with

regulatory standards (SR 11-7).

● Oversee model risk governance, validation schedules, and performance monitoring.

● Collaborate with model owners, developers, and users to resolve validation issues.

● Present findings to the Model Risk Governance Council (MRGC) and provide strategic

recommendations.

● Work with auditors and regulators on model risk compliance and reporting.

● Assess risk models, including VaR modeling, backtesting, and stress testing.

● Utilize programming languages such as Python, R, SQL, MATLAB, or C++ for

quantitative analysis.

Requirements

Qualifications

● Ph.D. or Master’s in quantitative finance, mathematics, economics, or financial

engineering.

● 5+ years of experience in model validation, risk analytics, or quantitative modeling.

● Strong expertise in valuation models, risk models (VaR, Greeks, stress testing), and

financial instruments.

● Proficiency in statistical modeling, Monte Carlo simulations, and time series

analysis.

● Excellent communication skills with the ability to present complex quantitative concepts

to financial professionals.