Remote Opportunity

Director, Independent Model Validation

Join AFFIN Group as a senior professional working remotely from Worldwide. Explore the role, benefits, and apply in one place.

Full Time
$80,000 - $120,000*
5 months ago
Worldwide
Model Risk Management & Validation
Senior
SAS
SQL
Python
+3 more

Job Description

Create the future with Affin! ​​You too can make a difference.

We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.

Job Purpose:
This role supports the Head of Model Validation in ensuring the integrity and robustness of risk models through independent validation processes. This includes both quantitative and qualitative assessment across a range of models to enhance our overall risk management framework.

Accountability:

1. Conduct independent pre- and post-implementation validation of risk models, including Retail/Non-Retail scorecards, PD, EAD and LGD and MFRS 9 models.
2. Perform comprehensive qualitative and quantitative assessments of model development processes and performance.  
3. Prepare thorough documentation of validation approaches, findings, and analysis.
4. Recommend actionable improvements or enhancements based on validation outcomes.
5. Track the progress of corrective actions and provide regular updates.
6. Communicate validation results effectively to model development teams, senior management, and governance committees.
7. Address concerns from auditors and regulators regarding model compliance and performance.
8. Assist in reviewing and updating internal model validation policies to align with regulatory requirements ad industry best practices.

Requirements:

1. Minimum of 8 years of experience in banking or the financial services industry, preferably in model validation or model development.
2. Degree in Statistics, Mathematics, Actuarial Science, or a related quantitative field.
3. Strong analytical and problem-solving skills.
4. Hands-on experience in SAS or SQL for data analysis. Knowledge of R or Python is an added advantage.
5. Effective written and verbal communication skills.
6. Ability to manage multiple tasks and coordinate cross-functional stakeholders.
7. Familiarity with regulatory frameworks related to model validation (e.g., Basel Accords, MFRS 9) is highly desirable.

Requirements

  • Minimum of 8 years of experience in banking or the financial services industry
  • Degree in Statistics, Mathematics, Actuarial Science, or a related quantitative field
  • Strong analytical and problem-solving skills
  • Hands-on experience in SAS or SQL for data analysis
  • Effective written and verbal communication skills

Skills

SAS
SQL
Python
statistics
Mathematics
Actuarial Science

About AI-Estimated Salary

The salary range shown was not provided by the employer. Our AI has estimated it based on the job title, required experience, location, and industry standards (confidence: 80%). This estimate should be used as a general guide only and may not reflect the actual compensation. Always confirm salary details directly with the employer during the application process.

Ready to Apply?

Join AFFIN Group today

Salary Range (AI-Estimated)*
$80,000 - $120,000
80% confidence
Posted 5 months ago

Explore more remote openings

Browse fresh listings from our global community of remote-friendly teams.

Full Time
$94.8k - $166.2k
5 days ago
United States
Engineering
Senior
Git
Full Time
5 days ago
United States
AI
Senior
Python
AWS
Git
+1 more
Full Time
5 days ago
United States
Data
Mid
Python
API
Full Time
$175.75k - $260k
5 days ago
United States
AI
Executive
AWS
API
Full Time
5 days ago
United States
AI
Mid
API
Full Time
6 days ago
United States
AI
Executive
Git
Full Time
2 weeks ago
Worldwide
AI
Senior
API
Full Time
$145k - $180k
2 weeks ago
United States
AI
Executive
Python
AWS
API
Full Time
$140k - $170k
2 weeks ago
Worldwide
AI
Senior
Python
Git
API
Full Time
2 weeks ago
United States
AI
Senior
API
Full Time
2 weeks ago
United States
AI
Senior
API
Full Time
2 weeks ago
United States
AI
Executive
Full Time
2 weeks ago
United States
AI
Executive
Full Time
2 weeks ago
United States
AI
Senior
API
Full Time
$111.6k - $163.1k
2 weeks ago
United States
AI
Senior
Full Time
$0.03k - $0.035k
2 weeks ago
Worldwide
AI
Entry
Full Time
$145k - $155k
2 weeks ago
United States
AI
Executive
AWS
Git
Full Time
2 weeks ago
United States
AI
Senior
Full Time
$89.865k - $155.767k
2 weeks ago
United States
Product
Mid
Python
Java
AWS
+1 more
Full Time
2 weeks ago
United States
AI
Executive
Git
Full Time
2 weeks ago
United States
AI
Senior
AWS
Git
API
Full Time
2 weeks ago
United States
AI
Executive
AWS
API
Full Time
2 weeks ago
United States
AI
Senior
Full Time
2 weeks ago
United States
AI
Mid
Python
SQL
Full Time
RON 16k - RON 19k
2 weeks ago
United States
AI
Senior
Python
AWS
Full Time
$242k - $302k
2 weeks ago
United States
AI
Executive
API
Full Time
$105k - $235k
2 weeks ago
United States
AI
Senior
AWS
Git
Full Time
$105k - $235k
2 weeks ago
United States
AI
Senior
AWS
Git
Full Time
2 weeks ago
United States
AI
Senior
API
Full Time
2 weeks ago
United States
AI
Senior
API
Contract
2 weeks ago
Worldwide
AI
Executive
AWS
API
Contract
2 weeks ago
Worldwide
AI
Executive
AWS
API
Full Time
2 weeks ago
United States
AI
Senior
Full Time
2 weeks ago
United States
AI
Senior
Full Time
2 weeks ago
Worldwide
AI
Senior
AWS