VP Model Validation

Livingston, NJ 07039

Posted: 12/04/2018 Category: Credit Job Number: 281571-0_1 Salary: Up to 155k base
Smith Hanley Associates
VP Model Validation
Greater New York City Area
Salary: Up to 155k base
Contact: Sean Murphy - [email protected]

The VP Model Validation will lead the review and validation of all models within the enterprise to ensure adherence to regulatory standards and internal policy. Furthermore, the VP Model validation will be expected to conduct research into different modeling methodologies to facilitate model benchmarking and the development of effective challenger models. The VP Model Validation will also present all findings and analysis regularly to senior management, model governance committee and external regulators and auditors. You will assist in maintaining the model inventory, conduct regular evaluations of all models performance and assist the model governance teams as needed. This is an individual contributor role that will have process and project management duties.

Requirements for VP Model Validation Include:
- Master's Degree in a Quantitative Discipline, Ph.D. is Strongly preferred
- Six (6) or more years of professional experience within model development, validation or performance monitoring in the financial services/banking industry
- Prior modeling or validation experience with credit risk, PPNR, CCAR, ALM, treasury or VAR models
- Strong proficiency with Microsoft Office, SAS, SQL, Python, R
- Excellent regulatory knowledge especially with Basel guidelines on model risk management (SR 11-7 / OCC 2011-12)
- Polished English communication both written and oral
- Prior model validation experience strongly preferred
- ** Must be a US Citizen or Green Card Holder to apply

Sean Murphy
Executive Recruiter

Sean's recruiting knowledge, human resources expertise and quantitative insight are now being leveraged to identify qualified candidates for specific credit roles. Sean considers his communications skills, his sense of urgency and initiative as critical strengths for building solid relationships in this tight knit industry.
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