Accessibility Links

Credit Products/Derivatives - Model Validation

  • Job type: Permanent
  • Location: New York
  • Salary: $150000 - $200000 per annum, Benefits: Bonus + Benefits
  • Job reference: xiaolincheng
  • Sector: Banking and Finance, Risk Management, Selby Jennings
  • Date posted: 18/07/2017
Tier 1 American investment bank is growing out the model risk management team covering Credit Products/Derivatives. They are looking for candidates with a background in CDO, CDS, CLO, and or Corporate Bonds. They are hiring across multiple levels. Candidates at the VP and Director level will be expected to lead discussions and strategize with the MD of the Model Risk Management Group. 

The investment bank has split this team from the rest of MRM to focus exclusively on credit products. Candidates will gain the opportunity to join a premier investment bank and help grow out an expanding team while also gaining product expertise across the credit products/derivatives space. 

Responsibilities
  • Independently review, analyze and test models used for pricing and risk management of credit products.
  • Maintain effective challenge, critical thinking, independence  and strong compliance to policy and procedures in model review activities
  • Effectively manage business priorities to complete high-quality model review work.
  • Effectively support regulatory and audit requests.

Requirements
  • Product knowledge in Credit Products/Derivatives
  • Background in a front office model development, pricing, or model validation environment
  • 2+ years for AVP
  • 5+ years for VP
  • 10 years for Director
Similar jobs
Long-Short Equity Portfolio Manager
  • Job type: Permanent
  • Location: Singapore
  • Salary: Competitive
  • Description My client is a single-family office with a strong focus on long-short equities. They are currently seeking a Portfolio Manager to be based in Singapore...
Vice President - Credit Risk & Control
  • Job type: Permanent
  • Location: New York
  • Salary: $160000+
  • Description Tier 1 bank is seeking a VP of Credit Risk and Control to join their growing risk management team here in the US. This individual...
Director of Fraud Modeling | Global Investment Bank
  • Job type: Permanent
  • Location: Philadelphia
  • Salary: $175000 - $200000 per annum
  • Description A global investment bank is looking to hire a Director level in charge of the bank's Fraud Modeling team. This individual will report to the...
Oil Settlements Analyst
  • Job type: Permanent
  • Location: London
  • Salary: Competitive
  • Description The Physical Oil settlements team supports trading activity by processing physical oil trades and freight costs. The physical oil settlements role involves processing invoices and...
Portfolio Forecasting Analytics Manager | FinTech
  • Job type: Permanent
  • Location: San Francisco
  • Salary: $125000 - $150000 per annum
  • Description An industry-leading FinTech company is looking to add a quantitative member to its credit risk team to lead credit forecasting. This team covers forecasting, portfolio,...