Morgan McKinley has partnered with a global Financial Services company who are seeking to recruit a Model Validation Manager for their Dublin office.
This is a great opportunity for an individual who wants to be part of a fast paced environment and working with a collaborative global team.
Manage model risk across the model lifecycle including model validation, ongoing performance evaluation and annual model reviews.
Manage stakeholder interaction with model developers and business owners during the model lifecycle.
Represent the bank in interactions with regulatory agencies, as required.
Present model validation findings to senior management and supervisory authorities.
Provide effective challenge to model assumptions, mathematical formulation, and implementation
Assess and quantify model risk due to model limitations to inform stakeholders of their risk profile and development of compensating controls.
Contribute to strategic, cross-functional initiatives within the model risk organisation.
Minimum of Master's degree in a quantitative field.
4+ years of relevant experience in the workplace.
Experience in a quantitative role in risk management at a financial institution with experience in either model development or validation..
Good knowledge and understanding of a variety of model development and validation testing techniques covering risk models.
Good knowledge of financial products, financial mathematics, pricing methodologies, numerical techniques, risk management, Basel/CCAR regulatory requirements.
Sound knowledge of Calculus, Numerical Analysis, Statistics, and Linear Algebra.
Solid writing skills as evidenced by publications in peer reviewed journals.
Programming skills: C/C++, Python, Matlab, SAS, R, Java, Oracle and SQL.
Morgan McKinley is acting as an Employment Agency in relation to this vacancy.