Senior Vice President, Model Risk Management

Senior Vice President, Model Risk Management | New York, NY, United States | Hybrid | $102,000 - $171,500

We're hiring on behalf of a leading global financial services company that plays a pivotal role in the global financial system. This employer is known for its commitment to innovation, leveraging cutting-edge AI and technology to drive transformative solutions and fostering a diverse, people-first culture. Recognized as a top destination for innovators, it's a place where bold ideas, advanced technology, and exceptional talent converge to shape the future of finance.

The Role

• Lead teams responsible for model validation, risk assessment, and ensuring compliance with regulatory requirements.
• Oversee prompt risk identification, assessment, mitigation, and tracking of issues related to model risk.
• Conduct independent testing and analysis of model performance, assumptions, and limitations.
• Document validation findings comprehensively and communicate results effectively to stakeholders.
• Demonstrate ownership and accountability for holistic model risk management, proactively engaging with control functions.
• Serve as a role model in cultivating a strong risk culture and supporting team member development.

What You'll Need

• Master's Degree or PhD in a quantitative discipline (e.g., engineering, mathematics, physics, statistics, econometrics).
• Strong quantitative and analytical background with a solid theoretical foundation.
• Minimum 5 years of modeling experience within the financial services industry.
• Proven experience with complex quantitative modeling, numerical analysis, and computational methods.
• Proficiency in programming languages such as C/C++, C#, Java, FORTRAN, MATLAB, SAS, and mathematical/statistical software packages.
• Excellent programming, documentation, and communication skills.

What's On Offer

• Highly competitive compensation, including bonus potential and incentive packages.
• Comprehensive benefits and wellbeing programs designed to support personal and financial goals.
• Generous paid leaves, including paid volunteer time.
• Opportunities for professional growth and development within a dynamic, innovative environment.

Apply via Haystack today!