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Quantitative Model Validation Analyst Jobs in Rutherford, NJ

Ankura

Model Validation Director

New York, NY · On-site +1

The Model Validation Director is expected to lead and execute model validation testing processes on ... Candidates will be required to execute analytical projects working closely with senior stakeholders ...

Amicis Global

Quantitative Analyst

Jersey City, NJ · On-site

$75 - $85/hr

Title: Quantitative Analyst Duration: 6+ Months Location: Jersey City, NJ, 07311 Summary: The ... model explainability, governance, and validation in regulated environments. 10) Knowledge of ...

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Quantitative Model Validation Analyst information

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$57.6K

$136.5K

$244.7K

How much do quantitative model validation analyst jobs pay per year?

As of Jun 6, 2026, the average yearly pay for quantitative model validation analyst in Rutherford, NJ is $136,479.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,700.00 and $148,300.00 per year, depending on experience, location, and employer.

What are Quantitative Model Validation Analysts?

Quantitative Model Validation Analysts are professionals who assess and validate financial models used by banks and financial institutions. They ensure that these models are accurate, reliable, and comply with regulatory standards. Their work involves testing model assumptions, reviewing model methodologies, and analyzing model outputs to identify potential risks or weaknesses. By providing an independent review, they help organizations maintain the integrity and performance of their risk management and financial forecasting tools.

What are some typical challenges faced by Quantitative Model Validation Analysts when assessing complex financial models?

Quantitative Model Validation Analysts often encounter challenges such as interpreting intricate model methodologies, ensuring data integrity, and effectively communicating technical findings to stakeholders who may not have a quantitative background. Additionally, staying current with evolving regulatory requirements and industry standards can be demanding. Collaborating closely with model developers, risk managers, and auditors is crucial to address model limitations and propose actionable improvements, making strong communication and analytical skills essential for success in this role.

What is the difference between Quantitative Model Validation Analyst vs Quantitative Risk Analyst?

AspectQuantitative Model Validation AnalystQuantitative Risk Analyst
CredentialsTypically requires a degree in finance, mathematics, or statistics; certifications like CFA or FRM are commonSimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentFocuses on validating models used in risk management, trading, or credit scoring within financial institutionsAnalyzes and manages financial risk, including market, credit, and operational risks in banking or investment firms
Industry UsageCommonly employed in banking, asset management, and insurance sectorsWidely used in banking, hedge funds, and financial services

The main difference is that Quantitative Model Validation Analysts focus on testing and validating models to ensure accuracy and compliance, while Quantitative Risk Analysts assess and manage overall financial risks. Both roles require strong quantitative skills and often overlap in credentials and work environments, but their core responsibilities differ in scope and focus.

What are the key skills and qualifications needed to thrive as a Quantitative Model Validation Analyst, and why are they important?

To thrive as a Quantitative Model Validation Analyst, you need a strong background in quantitative finance, statistics, and programming, typically supported by a degree in mathematics, finance, or a related field. Familiarity with statistical software such as Python, R, MATLAB, and model risk management frameworks is essential, and certifications like FRM or CFA are advantageous. Analytical thinking, attention to detail, and effective communication skills set top performers apart by enabling them to explain complex model risks and recommendations clearly. These skills and qualities are vital for ensuring the accuracy, reliability, and regulatory compliance of financial models within an organization.
What cities near Rutherford, NJ are hiring for Quantitative Model Validation Analyst jobs? Cities near Rutherford, NJ with the most Quantitative Model Validation Analyst job openings:
Quantitative Model Validation Analyst jobs near you
Model Validation Lead Analyst - Quant Risk & Analytics

Model Validation Lead Analyst - Quant Risk & Analytics

BHG Financial

Manhattan, NY • On-site

Full-time

Medical, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

BHG Financial is looking for a quantitatively trained professional to validate and develop financial models. You will have 2-5 years of relevant experience and a Master's or PhD in a quantitative field. Proficiency in Python, R, and SQL is essential.

This role offers benefits like medical coverage, competitive PTO, and opportunities for training and professional development, ensuring a supportive work environment. Join BHG Financial to help shape our model governance and compliance efforts. #J-18808-Ljbffr

Apply