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 ...
New York, NY · On-site
Model Validation Expert Location New York Business Area Legal, Compliance, and Risk Ref # 10052595 ... Management (MRM) program as Bloomberg navigates its obligations under ERR. This is a senior ...
New York, NY · On-site
Model Validation Expert Location New York Business Area Legal, Compliance, and Risk Ref # 10052595 ... Management (MRM) program as Bloomberg navigates its obligations under ERR. This is a senior ...
Regulatory & Financial Risk - Senior Manager - Model Validation Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment ...
Regulatory & Financial Risk - Senior Manager - Model Validation Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment ...
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 ...
New York, NY · On-site
$103K - $169K/yr
The Model Risk & Validation Lead position is a crucial role on the Model Risk Management team ... The Model Risk Management team oversees a scope of products including but not limited to life ...
New York, NY · On-site
$103K - $169K/yr
The Model Risk & Validation Lead position is a crucial role on the Model Risk Management team ... The Model Risk Management team oversees a scope of products including but not limited to life ...
Manhattan, NY · On-site
... 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 ...
Manhattan, NY · On-site
... 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 ...
$115K - $135K/yr
Risk Management - Model Risk Management Location: New York, NY The pay range for this position at ... Independently validating, reviewing and approving Models for their intended uses. This role will ...
$115K - $135K/yr
Risk Management - Model Risk Management Location: New York, NY The pay range for this position at ... Independently validating, reviewing and approving Models for their intended uses. This role will ...
Manhattan, NY · On-site
$115K - $135K/yr
Risk Management - Model Risk Management Location: New York, NY The pay range for this position at ... Independently validating, reviewing and approving Models for their intended uses. This role will ...
Manhattan, NY · On-site
$115K - $135K/yr
Risk Management - Model Risk Management Location: New York, NY The pay range for this position at ... Independently validating, reviewing and approving Models for their intended uses. This role will ...
New York, NY · On-site
$210K/yr
At least 4 years of direct experience in model validation, model risk management, or AI/ML ... governance. * Hands-on experience independently validating predictive or AI/ML models. * Strong ...
New York, NY · On-site
$210K/yr
At least 4 years of direct experience in model validation, model risk management, or AI/ML ... governance. * Hands-on experience independently validating predictive or AI/ML models. * Strong ...
New York, NY · Hybrid
$100K - $135K/yr
Model risk management practices * Identify gaps and recommend risk mitigation strategies Governance Integration * Provide independent validation input into AI governance decisions * Support the AIS ...
New York, NY · Hybrid
$100K - $135K/yr
Model risk management practices * Identify gaps and recommend risk mitigation strategies Governance Integration * Provide independent validation input into AI governance decisions * Support the AIS ...
Manhattan, NY · On-site
$124K - $177K/yr
This role focuses on model validation, where you'll work closely with the Model Risk Management (MRM) team, to translate requirements into practical controls and evaluations (e.g., bias testing ...
Manhattan, NY · On-site
$124K - $177K/yr
This role focuses on model validation, where you'll work closely with the Model Risk Management (MRM) team, to translate requirements into practical controls and evaluations (e.g., bias testing ...
Manhattan, NY · Hybrid
$124K - $177K/yr
This role focuses on model validation, where you'll work closely with the Model Risk Management (MRM) team, to translate requirements into practical controls and evaluations (e.g., bias testing ...
Manhattan, NY · Hybrid
$124K - $177K/yr
This role focuses on model validation, where you'll work closely with the Model Risk Management (MRM) team, to translate requirements into practical controls and evaluations (e.g., bias testing ...
Long Island City, NY · On-site
$158K - $190K/yr
Lead end-to-end validation engagements, including scoping, methodology design, execution, and final conclusions, in accordance with Model Risk Management (MRM) policies and regulatory expectations.
Long Island City, NY · On-site
$158K - $190K/yr
Lead end-to-end validation engagements, including scoping, methodology design, execution, and final conclusions, in accordance with Model Risk Management (MRM) policies and regulatory expectations.
Manhattan, NY · On-site
$110K - $230K/yr
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing ... Specifically, regarding model validation, this role mainly drives and contributes to all kinds of ...
Manhattan, NY · On-site
$110K - $230K/yr
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing ... Specifically, regarding model validation, this role mainly drives and contributes to all kinds of ...
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing ... Specifically, regarding model validation, this role mainly drives and contributes to all kinds of ...
Overview The job is a VP role in Model Risk Management team. The role contributes to implementing ... Specifically, regarding model validation, this role mainly drives and contributes to all kinds of ...
Manhattan, NY · On-site
$110K - $230K/yr
The job is a VP role in Model Risk Management team. The role contributes to implementing the model ... Specifically, regarding model validation, this role mainly drives and contributes to all kinds of ...
Manhattan, NY · On-site
$110K - $230K/yr
The job is a VP role in Model Risk Management team. The role contributes to implementing the model ... Specifically, regarding model validation, this role mainly drives and contributes to all kinds of ...
New York, NY · On-site
$225K - $250K/yr
Write the necessary documentation of the models used by the business for model validation and ... Risk Management Job Family: Model Development and Analytics Job Family Group: Job Family: Time Type ...
New York, NY · On-site
$225K - $250K/yr
Write the necessary documentation of the models used by the business for model validation and ... Risk Management Job Family: Model Development and Analytics Job Family Group: Job Family: Time Type ...
Manhattan, NY · Hybrid
$85K - $131K/yr
Enhance model management, governance processes and model documentation standards to improve efficiency and accuracy of model validation process . Role Objectives: Interpersonal * Communicate with ...
Manhattan, NY · Hybrid
$85K - $131K/yr
Enhance model management, governance processes and model documentation standards to improve efficiency and accuracy of model validation process . Role Objectives: Interpersonal * Communicate with ...
Manhattan, NY · On-site
$85K - $131K/yr
Enhance model management, governance processes and model documentation standards to improve efficiency and accuracy of model validation process Role Objectives: Interpersonal * Communicate with ...
Manhattan, NY · On-site
$85K - $131K/yr
Enhance model management, governance processes and model documentation standards to improve efficiency and accuracy of model validation process Role Objectives: Interpersonal * Communicate with ...
$48.2K - $58.6K
1% of jobs
$58.6K - $69K
4% of jobs
$77.7K is the 25th percentile. Wages below this are outliers.
$69K - $79.5K
24% of jobs
$79.5K - $89.9K
9% of jobs
The median wage is $97.4K / yr.
$89.9K - $100.3K
17% of jobs
$100.3K - $110.7K
8% of jobs
$110.7K - $121.1K
5% of jobs
$128.2K is the 75th percentile. Wages above this are outliers.
$121.1K - $131.6K
11% of jobs
$131.6K - $142K
8% of jobs
$142K - $152.4K
6% of jobs
$152.4K - $162.8K
8% of jobs
$48.2K
$107K
$162.8K
| 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
Posted 20 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.