Team Lead Model Validation - Executive Director

About the Company

Internationally recognized banking group

Industry Financial Services

Type Subsidiary of a Public Company

Founded 1996

Employees 10,001+

Categories

Financial Services Consulting & Professional Services Banking & Mortgages Banking Finance

Specialties

advisory capital markets & investment banking corporate & institutional client banking derivatives equity research sales & trading fx / treasury services global trade finance lease finance leveraged finance mergers & acquisitions project finance and real estate finance

Business Classifications

B2B B2C Enterprise

About the Role

The Company is seeking a Team Lead for Model Validation at the Executive Director level. The successful candidate will be responsible for the independent validation and review of credit risk and stress testing models, playing a key role in the implementation of the Model Risk Management framework. This position requires a deep understanding of statistical models, the ability to identify issues and limitations, and to provide recommendations for enhancing existing models. The Team Lead will also be involved in developing model validation methodology, maintaining documentation, and communicating findings to management and stakeholders.

Applicants for this role at The Company should have a minimum of 15 years' experience and possess a strong skill set in model validation, model development, and working with large and complex data sets. Critical job knowledge includes the application of regulatory requirements such as CECL, IFRS9, SR11-7, and others, to model validation and governance. The role demands strong analytical, problem-solving, and programming skills in Python, R, SAS, and SQL. The ideal candidate will be a good communicator, both written and verbal, and have the ability to work effectively in a cross-functional environment. A commitment to diversity and inclusion is also a key requirement for this position.

Hiring Manager Title Head of Model Risk

Travel Percent Less than 10%

Functions

Finance Non-Profit Management Data Management/Analytics