VP - Model Risk Validation - eFinancialCareers : Job Details

Primary Responsibilities:

• Conduct initial and ongoing validation of quantitative models.
• Develop, design, and prototype alternative models.
• Perform quantitative analysis and review of model frameworks, assumptions, data, and outcomes.
• Test numerical implementations of models and review associated documentation.
• Ensure compliance with governance requirements.
• Document findings in validation reports, including recommendations for model enhancements.
• Validate models in accordance with regulatory standards and industry best practices.
• Monitor the implementation of validation recommendations.
• Prepare model risk reports for the Model Oversight Committee and the Board.