Vice President, Model Risk Management, Securitized Products
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About the Role
Remote (anywhere in New York)
The Company is seeking a Vice President of Model Risk Management to independently validate and oversee models supporting securitized products. Responsibilities include assessing model methodologies, assumptions, performance, and limitations; quantifying model risk through sensitivity testing and calibration reviews; and monitoring ongoing model performance. The role also involves presenting validation findings and risk assessments to senior stakeholders and governance committees, supporting sound oversight and decision-making. Candidates should have at least three years of experience in model risk, model validation, or a quantitative role within a financial institution. Strong knowledge of mortgage-backed securities, prepayment and credit models, and mortgage markets is required. Applicants should also bring advanced quantitative skills and experience with Python, R, or SQL.
Functions:
- Finance
Compensation
USD $170,000-$200,000 (salary) per year
About the Company
Leading global investment bank with a growing model risk management team
Industry
Banking
Type
Public Company
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