Senior Manager of Model Validation Quant Analysis - Morgan McKinley - eFinancialCareers : Job Details

About the job My client - a market leading Consultancy is seeking a Senior Manager level Model Validation Quant for a large client project to focus on FRTB IMA Model Validation

• Reviewing model documentation: Ensuring that models are well-documented and that the assumptions and methodologies are clearly explained.
• Performing backtesting: Comparing the model's predictions with actual market outcomes.
• Conducting P&L attribution tests: Assessing the accuracy of the model's P&L attribution.
• Evaluating model performance under stress scenarios: Assessing the model's ability to withstand extreme market conditions.
• Monitoring model performance over time: Identifying any potential issues or areas for improvement.