Model Validator Job at Sept 2017 Branding, New York, NY

  • Sept 2017 Branding
  • New York, NY

Job Description

Essential Function / major duties and responsibilities of the job Strategic The Model Validator is responsible for validating CLS models, maintaining model validation standards and procedure documents, engaging with CLS MRM stakeholders on model risk matters, and MRM reporting. Operational Conduct model validation activities based on internal MRM policy and procedures. Conduct and perform quality assurance for model risk reporting. Communicate effectively with CLS businesses on model risk matters. Collaborate with the Model Governance to ensure model governance and standards are appropriate for the firm’s risk profile and ensure enterprise-wide adherence. Leadership Execute model validation. Enhance capabilities to operate MRM developed challenger/benchmark models. Experience / essential and desired for successful job performance 0-3 years’ experience in the model risk management at a regulated financial institution. Understanding of settlement and clearing, and the differences is a plus. Knowledge of US Banking Regulations (Federal Reserve Board) is a plus. Experience in working with statistical models. Qualifications / Certifications Bachelor’s degree is required; MS/MA or MBA is desired. Experience with numerical and statistical tools: e.g. SAS, MATLAB, S-Plus, R, Python, C++. Knowledge, skills and abilities / competencies required for successful job performance Attention to detail to ensure consistent, correct, and accurate execution of model validation and reporting. Knowledge of regulatory guidance on model risk management and industry best practice. Knowledge of capital market products, esp. FX. Strong verbal and written communication skills. Success factors / ‘How’. Personal characteristics contributing to an individual’s ability to excel in the position Excellent interpersonal communication skills, both written and verbal. High ethical standards and a profound sense of integrity and confidentiality. Challenging assumptions and maintaining independence and objectivity. Build consensus, to influence both internal and external stakeholders. Results oriented team player. Ability to effectively take and drive initiative. Self-starter, energetic; strive for excellence. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr

Job Tags

Similar Jobs

SimVentions, Inc - Glassdoor ✪ 4.6

Database Architect I Job at SimVentions, Inc - Glassdoor ✪ 4.6

Overview: SimVentions is 100% employee-owned and proudly ranked among Virginias Best Places to Work year after year! We are seeking a Database Architect to join our team! This position requires daily on-site presence at our Virginia Beach office. Travel: ...

Ecolab

Manufacturing Technology Manager Job at Ecolab

Join Ecolab as a Manufacturing Technology Manager in Philadelphia, PA! The person in this role will be a strong technical expert by those on site. Their knowledge of ion exchange resin products and production processes will be applied to our G-Street production facility... 

Ecolab

Area Manager Job at Ecolab

Nalco Water, an Ecolab Company, has an opportunity available for an Area Sales Manager to join our industry leading sales team. Youll be responsible for revenue and profit growth of programs and services in targeted accounts in the Downstream division.Using a consultative... 

City Year

K-12 Academic Tutor and Mentor Job at City Year

 ...socialemotional skills, and help create an engaging, inclusive classroom environment. Working closely with teachers and a diverse AmeriCorps team, youll track student progress, support enrichment activities, and contribute to a culture of equity, leadership, and... 

Ombudsman Educational Services

Spanish Teacher Job at Ombudsman Educational Services

 ...Starting Salary: $55,000 - $60,000 /year based on experience Environment: Alternative Education Program, Grades 9-12 Teaching Specialty: Spanish , a growing, dynamic organization with a social mission to offer hope, is seeking a Spanish Teacher to join our...