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Model Validation Analyst

Company: SMBC Group
Location: White Plains
Posted on: June 4, 2021

Job Description:

SMBC is seeking a Model Validation Analyst with strong quantitative and model risk management knowledge to play an active role in performing governance and independent validation of models including but not limited to credit risk, market risk, liquidity risk, valuation, and stress testing models. The role spans multiple aspects of model validation and model risk governance applicable to the portfolios of SMBC and global entities.


  • Conducts model validation and model risk governance across SMBC businesses and group companies  
  • Applies robust model validation methodology to assess the conceptual soundness of model theory, quality of model implementation, and  model ongoing monitoring
  • Develop and maintain documentation, work papers and professional reports of validation results
  • Develops and applies model quality assessment and approval criteria to ensure the integrity of model implementation, inputs & outputs, monitoring and reporting
  • Communicates findings from validation work to management and stakeholders, including recommendations as appropriate
  • Summarize and present model validation results to model risk management committee
  • Ensures business continuity under all conditions, sometimes adverse, with strict adherence to established guidelines and deadlines
  • Apply numerical, statistical, and qualitative knowledge and skills to perform model validation
  • Document model validation procedures and findings, coordinate with stakeholders to resolve issues
  • Summarize and present model validation results and findings to management committee
  • Communicate technical concepts to non-technical audience

  • 0-2 years of relevant work experience in financial services industry in the quantitative space
  • Strong analytical skills, both quantitative and qualitative.
  • Good problem solver; ability to learn quickly; able to work multiple cross-functional efforts.
  • Effective interpersonal skills, strong communication, especially written.
  • Academic and/or professional knowledge in derivative pricing, interest rate and market risk models is a plus.
  • Master Degree in Quantitative Math, Finance or Physics a plus

Keywords: SMBC Group, White Plains , Model Validation Analyst, Other , White Plains, New York

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