Remote Mid Model Risk Management & Validation Jobs

Requirements

• Bachelor's degree in Finance, Mathematics, Statistics, or related field
• 3+ years of experience in risk management or a related field
• Strong analytical and problem-solving skills
• Ability to communicate complex ideas to non-technical stakeholders
• Experience with data analysis and visualization tools

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Flexible Hours
• Remote Work

Skills

Requirements

• Sound understanding Bank Wide Risk Analytics – especially in credit and market risk model development/validation
• Sound knowledge of regulatory frameworks such as Basel and IFRS 9
• Proactive and hands-on approach towards answering complex theoretical / quantitative questions
• Strong verbal and written communication skills
• 3+ years of experience in the BFSI sector with understanding of risk management and risk quantification processes
• Master’s (or Bachelor’s with at least 2 extra years of experience) in Statistics, Mathematics, Operations Research, Engineering or related fields

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Life Insurance
• Paid Time Off

Skills

Requirements

• Sound understanding Bank Wide Risk Analytics
• Sound knowledge of regulatory frameworks such as Basel and IFRS 9
• Proactive and hands-on approach towards answering complex theoretical / quantitative questions
• Strong verbal and written communication skills
• 3+ years of experience in the BFSI sector with understanding of risk management and risk quantification processes

Benefits

• Health Insurance
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Flexible Hours
• Gym Membership
• Life Insurance
• Paid Time Off

Skills

Requirements

• Bachelor’s degree in business analytics, economics, statistics, mathematics, finance, or a related quantitative field
• Minimum of one year of experience in model development, model validation, quantitative risk management, or financial modeling and/or other related disciplines
• Familiarity with Excel, SQL, Python, R, SAS, or other relevant languages for data analysis and code replica
• Ability to perform hands-on validation of new and existing models
• Ability to conduct annual reviews and write annual review reports

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Remote Work

Skills

Requirements

• 2+ years of experience
• Bachelor's degree in quantitative or business discipline
• Strong communication and writing skills
• Contribute to the preparation of team and stakeholder meetings
• Prepare written proposals for enhancements to model risk standards
• Follow-up and close open management actions
• Generate model risk reports as needed

Benefits

• 401k Matching
• Company Retreats
• Conference Budget
• Dental Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours
• Gym Membership

Skills

Requirements

• Maintain and further enhance FFB's Model Inventory
• Conduct independent validations
• Prepare clear, decision-oriented validations
• Support EUC governance
• Contribute to continuous improvement of the model lifecycle processes
• Support audits and regulatory reviews
• Support a good model risk culture

Benefits

• Company Retreats
• Conference Budget
• Coworking Space
• Dental Insurance
• Disability Insurance
• Employee Assistance Program
• Employee Discounts
• Flexible Hours

Skills

Requirements

• Bachelor’s, Master’s or PhD in a quantitative field (e.g., Mathematics, Statistics, Computer Science, Engineering, Physics)
• 3–5 years of experience in quantitative models for derivatives and/or electronic market making
• Excellence in probability theory, stochastic processes, statistics, and numerical analysis
• Strong understanding of option pricing theory and quantitative models for derivatives
• Experience with Monte Carlo simulation and numerical methods, familiarity with calibration techniques and performance benchmarking

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Training Budget

Skills

Requirements

• Conducts model validations independently with supervision
• Maintains a basic functional knowledge of model risk concepts
• Performs end-to-end validations/testing of basic or less complex models/tools
• Checks the model's accuracy and demonstrates the model is robust and stable
• Assesses potential limitations and evaluates the model's behavior over a range of input values

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Professional Development
• Remote Work

Skills

Requirements

• 3+ years' in relevant risk management experience including model risk management and risks analytics
• Masters or Doctorate degree in a quantitative discipline such as Statistics, Mathematics, Physics, Computer Science or Engineering
• Working knowledge of statistical techniques, quantitative finance and programming
• Good understanding wholesale lending and retail lending business
• Prior experience with developing or validating models
• Strong written and verbal communication, critical thinking, problem solving and team collaboration skills
• Familiarity with coding languages (Python preferred)
• Desire to work in a dynamic, team-oriented environment focusing on challenging tasks mixing fundamental, quantitative, and market-oriented knowledge and skills

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Retirement Plan

Skills

Requirements

• 3+ years' in relevant risk management experience including model risk management and risks analytics
• Masters or Doctorate degree in a quantitative discipline such as Statistics, Mathematics, Physics, Computer Science or Engineering
• Working knowledge of statistical techniques, quantitative finance and programming
• Good understanding wholesale lending and retail lending business
• Prior experience with developing or validating models
• Strong written and verbal communication, critical thinking, problem solving and team collaboration skills
• Familiarity with coding languages (Python preferred)
• Desire to work in a dynamic, team-oriented environment focusing on challenging tasks mixing fundamental, quantitative, and market-oriented knowledge and skills

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Retirement Plan

Skills

Requirements

• Masters or Doctorate degree in a quantitative discipline
• Experience in a Quant role in validation of Models
• Rich experience with the Financial Crime Models
• 3+ years of relevant work experience in a Model Validation role
• Proficient programmer in Python
• Knowledge of other programming languages like R, Sql, MATLAB etc.
• Willingness to learn new and complex topics and adapt oneself
• Working knowledge of statistical techniques, quantitative finance and programming

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Training Budget

Skills

Requirements

• Excellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis
• MSc, PhD or equivalent in a quantitative discipline
• Inquisitive nature, ability to ask right questions and escalate issues
• Excellent communication skills (written and verbal)
• Good understanding of option pricing theory (i.e. quantitative models for pricing and hedging derivatives)

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Training Budget

Skills

Requirements

• MSc or PhD in a STEM area or Finance
• Strong quantitative background, familiarity with stochastic calculus
• 2-4 years of experience in a relevant area relating to derivative pricing models
• Experience in Equities pricing models is a plus
• Genuine and broad interest in financial markets

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Performance Bonus
• Remote Work
• Stock Options

Skills

Requirements

• Conduct model validations on the Bank's models, both in-house and vendor models, based on regulatory guidelines, the Bank's model risk management policy and procedure, and the industry's leading practices.
• Assist in evaluating model assumptions and weaknesses, data relevancy and completeness, conceptual soundness, modeling methodology, outcome analysis, etc.
• Assist in preparing a model validation report that meets the Model Risk Management's expectations, based on the evaluation of the model, including backtesting, sensitivity testing, benchmarking, etc. and include a conclusion based on the review.
• Assist in model validation findings monitoring, reporting, and evaluating the corrective actions.
• Conduct model annual reviews including process verification, performance monitoring, degree of changes, etc. and document the findings and comments in the annual review report.

Benefits

• 401k Matching
• Health Insurance
• Paid Time Off
• Flexible Hours
• Remote Work
• Wellness Programs

Skills