Senior Quantitative Governance Specialist
2 months ago
A Senior Model Risk Analyst is responsible for ensuring model risk governance compliance by monitoring model performance, identifying limitations, and collaborating with the Quant Risk team to resolve issues.
Key Responsibilities- Recertify models and address shortcomings
- Align with market changes and new business opportunities
- Work with cross-functional teams to maintain robust, well-documented, and updated models
- Perform full recertification or affirmation of model parameters and performance
- Assess model risks during certification reviews
- Design and implement materiality assessments and monitoring
- Analyze and incorporate physical operational constraints into model representations
- Conduct performance reviews, including convergence tests and other performance evaluations
- Ensure models are properly documented, version-controlled, and validated
- Bachelor's degree in quantitative disciplines such as Economics, Mathematics, Actuarial Science, Statistics, or Financial Engineering
- Minimum 3-7 years of experience in model risk management, validation, and control
- In-depth knowledge of regulatory frameworks and experience using risk modeling tools and model validation methodologies
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