Model Validation Manager
Manhattan, NY · On-site
The Model Validation Manager will collaborate with this firm for the validation of certain models. • Communicate effectively with model owners/developers: In the course of validation to obtain ...
Manhattan, NY · On-site
The Model Validation Manager will collaborate with this firm for the validation of certain models. • Communicate effectively with model owners/developers: In the course of validation to obtain ...
Manhattan, NY · On-site
The Model Validation Manager will collaborate with this firm for the validation of certain models. • Communicate effectively with model owners/developers: In the course of validation to obtain ...
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high‑risk ...
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high‑risk ...
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or highrisk environments
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or highrisk environments
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or highrisk environments
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or highrisk environments
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high‑risk ...
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high‑risk ...
Chicago, IL · Hybrid
$95K - $163K/yr
Validate a broad range of models used across credit risk, treasury management (ALM), finance, underwriting, and related areas, includes both traditional statistical models and artificial intelligence ...
New
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Chicago, IL · Hybrid
$95K - $163K/yr
Validate a broad range of models used across credit risk, treasury management (ALM), finance, underwriting, and related areas, includes both traditional statistical models and artificial intelligence ...
New
Mclean, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high-risk environments
Mclean, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high-risk environments
Charlotte, NC · On-site
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Charlotte, NC · On-site
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Role Description Reporting to the Manager, Model Validation Group, the Model Validation Associate plays an integral role in the implementation of the Model Risk Management framework for NYB and its ...
Chicago, IL · On-site
$95K - $163K/yr
Validate a broad range of models used across credit risk, treasury management (ALM), finance, underwriting, and related areas, includes both traditional statistical models and artificial intelligence ...
New
Chicago, IL · On-site
$95K - $163K/yr
Validate a broad range of models used across credit risk, treasury management (ALM), finance, underwriting, and related areas, includes both traditional statistical models and artificial intelligence ...
New
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high‑risk ...
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or high‑risk ...
Arlington, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or highrisk environments
Arlington, VA · On-site
Advise clients on model risk management, AI governance, and responsible AI practices * Mentor ... Experience validating ML, statistical, and predictive models in regulated or highrisk environments
... manager and provide ad hoc support to him Qualifications Master's Degree in Statistics ... PhD is preferred 5 plus years of financial modeling development or model validation experience 3 ...
... manager and provide ad hoc support to him Qualifications Master's Degree in Statistics ... PhD is preferred 5 plus years of financial modeling development or model validation experience 3 ...
Plano, TX · On-site
... manager and provide ad hoc support to him Qualifications Master's Degree in Statistics ... PhD is preferred 5 plus years of financial modeling development or model validation experience 3 ...
Plano, TX · On-site
... manager and provide ad hoc support to him Qualifications Master's Degree in Statistics ... PhD is preferred 5 plus years of financial modeling development or model validation experience 3 ...
Model Risk Management, MRM is responsible for overseeing enterprise-wide model risk management and ... Effective validation helps to ensure that models are sound, identifying potential limitations and ...
Model Risk Management, MRM is responsible for overseeing enterprise-wide model risk management and ... Effective validation helps to ensure that models are sound, identifying potential limitations and ...
Model Risk Management, MRM is responsible for overseeing enterprise-wide model risk management and ... Effective validation helps to ensure that models are sound, identifying potential limitations and ...
Model Risk Management, MRM is responsible for overseeing enterprise-wide model risk management and ... Effective validation helps to ensure that models are sound, identifying potential limitations and ...
In Model Risk Management and Validation (MRMV), the Risk Quantitative Model Validation Analyst works with multiple teams of validation analysts, governance analysts, as well as automation specialists ...
In Model Risk Management and Validation (MRMV), the Risk Quantitative Model Validation Analyst works with multiple teams of validation analysts, governance analysts, as well as automation specialists ...
The Model Validation Analyst plays a critical role in ensuring model integrity, regulatory compliance, and sound risk management practices. This role reports to the Head of Credit Risk and Portfolio ...
The Model Validation Analyst plays a critical role in ensuring model integrity, regulatory compliance, and sound risk management practices. This role reports to the Head of Credit Risk and Portfolio ...
Des Moines, IA · Remote
$113K - $133K/yr
This position reports to the AVP, Model Validation and will manage 2 actuarial resource, including responsibilities for developing the actuarial staff. Duties and Responsibilities * Collaborating ...
Quick apply
Des Moines, IA · Remote
$113K - $133K/yr
This position reports to the AVP, Model Validation and will manage 2 actuarial resource, including responsibilities for developing the actuarial staff. Duties and Responsibilities * Collaborating ...
Focus primarily on model validation and quantitative analysis, but also evaluate other model controls and serve as a resource for the corporation in all model risk management related tasks. ESSENTIAL ...
Focus primarily on model validation and quantitative analysis, but also evaluate other model controls and serve as a resource for the corporation in all model risk management related tasks. ESSENTIAL ...
$47.5K - $57.8K
1% of jobs
$57.8K - $68K
4% of jobs
$76.6K is the 25th percentile. Wages below this are outliers.
$68K - $78.3K
24% of jobs
$78.3K - $88.6K
9% of jobs
The median wage is $96K / yr.
$88.6K - $98.9K
17% of jobs
$98.9K - $109.1K
8% of jobs
$109.1K - $119.4K
5% of jobs
$126.3K is the 75th percentile. Wages above this are outliers.
$119.4K - $129.7K
11% of jobs
$129.7K - $140K
8% of jobs
$140K - $150.2K
6% of jobs
$150.2K - $160.5K
8% of jobs
$47.5K
$105.4K
$160.5K
| Aspect | Model Validation Manager | Quantitative Analyst |
|---|---|---|
| Credentials | Typically requires advanced degrees in finance, mathematics, or statistics; certifications like CFA or FRM are common | Often holds degrees in finance, economics, or mathematics; certifications like CFA are also common |
| Work Environment | Works in risk management, model validation teams within banks or financial institutions | Works in trading, investment analysis, or risk departments within financial firms |
| Industry Usage | Primarily in banking, asset management, and financial services for model risk assessment | Across investment firms, hedge funds, and banks for market analysis and trading strategies |
The Model Validation Manager focuses on reviewing and validating financial models to ensure accuracy and compliance, often working within risk management teams. In contrast, a Quantitative Analyst develops and applies mathematical models for trading, investment, or risk purposes. While both roles require strong quantitative skills and similar credentials, their core responsibilities and work environments differ significantly.

Full-time
Re-posted 5 days ago
Essential Function / major duties and responsibilities of the job
• Independently perform model validation according to MRM’s validation standards.
• As part of validation, it may become necessary to independently code replications of the models used in production.
• For models already independently replicated for MRM, the Model Validation Manager will need to run the MRM model and reconcile against production model runs.
• Document this review and challenge in validation reports.
• MRM is engaging a professional firm to perform a significant part of CLS’s model validation book of work. The Model Validation Manager will collaborate with this firm for the validation of certain models.
• Communicate effectively with model owners/developers: In the course of validation to obtain clarification and to request specific data and production model outputs. Post validation to manage the finding lifecycle: Achieving agreement on validation findings and observations, including corrective action plans to remediate the findings, and reviewing model owner requests for finding closures.
• Actively contribute to validation report / validation finding peer reviews, to ensure consistency in validation work across all validators.
Leadership
• Apply soft skills to build consensus and stakeholder buy-in.
Experience / essential and desired for successful job performance
• 3+ years’ experience in model validation or model development at a regulated financial institution.
• Knowledge of US Banking Regulations (Federal Reserve Board)
Qualifications / certifications
• Minimum bachelor’s degree (master’s degree / Ph.D. preferred) with concentration in a quantitative discipline such as, engineering, econometrics, statistics, physics, mathematics etc.
• 3+ years’ experience of quantitative analysis in the financial services sector. Solid quantitative and qualitative risk assessment skills. Experience in model validation and/or model development preferred.
• Team-oriented with a strong sense of ownership and accountability.
• Strong verbal and written communication skills.
• Extensive experience with numerical and statistical tools: e.g. Python, R, MATLAB, SAS, C++, Java.
• Knowledge of regulatory guidance on model risk management and industry best practice.
• Knowledge of capital market products, especially FX, a plus.
• Understanding of settlement and clearing, and the differences is a plus.
Knowledge, skills and abilities / competencies required for successful job performance
· Perform independent model validation, under the guidance of the Lead Model Validator.
· Ability to write, review, critique, and improve long validation reports
· Interact with model owners / model developers on all issues of model validation and subsequent actions, such as agreement on findings, finding remediation plans, finding closure reviews, etc.
· Ability to code independent replications of production models, based on model documentation and, if required, further clarification directly obtained from model owners / model developers.
· Participate in peer review of model validation reports.
Success factors / ‘How’. Personal characteristics contributing to an individual’s ability to excel in the position
· Strong quantitative skills.
· 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.