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Quantitative Model Validation Analyst Jobs in Sparta, NJ

Valley Bank

Quantitative Model Analyst

Morristown, NJ · On-site

$122K - $192K/yr

Perform quantitative and qualitative analyses of financial models, including the capital stress ... Validate selected models including theoretical model design, data integrity and completeness, and ...

Valley Bank

Quantitative Business Analyst

Morristown, NJ · On-site

$134K/yr

Serve as liaison between stress testing, model validation, and business lines. Maintain model ... Also requires 1 yr of experience (can be gained concurrently) with: quantitative financial analysis ...

Sonsoft Inc

Data Modeler Analyst

Warren, NJ · On-site

$56.75 - $73.75/hr

Experience in developing, validating, publishing, maintaining LOGICAL data models with exposure to ... Work with Business Analysts, Data Architects, Software developers, DBAs to achieve project ...

Barclays

AVP, Credit Risk Reporting

Whippany, NJ

... Model Validation, Quantitative Analytics and other user groups), enabling successful reporting of accurate exposures. * Automate reporting needs for the region and ensure global consistency in the ...

Lorven Technologies

Sr Business Analyst

Whippany, NJ · On-site

$93K - $121K/yr

... Quantitative Analytics and Technology teams Key Responsibilities * FRTB Regulatory Change ... Process Flows and Target Operating Models * Data Mapping and Data Lineage documentation * Perform ...

usga

Financial Analyst

Liberty Corner, NJ · Hybrid

$75K - $85K/yr

Develop financial models and perform ad hoc analyses to support business decision-making. * Partner ... Enter, validate, and maintain budget and forecast data within NSPB. * Prepare and maintain budget ...

AEG

Financial Analyst

Liberty Corner, NJ · On-site

Develop financial models and perform ad hoc analyses to support business decision-making. * Partner ... Enter, validate, and maintain budget and forecast data within NSPB. * Prepare and maintain budget ...

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All JobsQuantitative Model Validation Analyst JobsQuantitative Model Validation Analyst Jobs in Sparta, NJ

Quantitative Model Validation Analyst information

See Sparta, NJ salary details

$59.4K

$140.8K

$252.5K

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

As of Sep 7, 2026, the average yearly pay for quantitative model validation analyst in Sparta, NJ is $140,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $117,300.00 and $153,000.00 per year, depending on experience, location, and employer.

What is a quantitative model validation analyst?

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 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 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 popular job titles related to Quantitative Model Validation Analyst jobs in Sparta, NJ?

For Quantitative Model Validation Analyst jobs in Sparta, NJ, the most frequently searched job titles are:

What cities near Sparta, NJ are hiring for Quantitative Model Validation Analyst jobs?

Cities near Sparta, NJ with the most Quantitative Model Validation Analyst job openings:

Quantitative Model Validation Analyst jobs near you

Quantitative Model Analyst

Valley Bank

Morristown, NJ • On-site

$122K - $192K/yr

Full-time

Re-posted 16 days ago

Valley Bank rating

7.3

Company rating: 7.3 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

112th of 175 rated banks

Job description

Perform quantitative and qualitative analyses of financial models, including the capital stress testing model and the interest rate-sensitivity model. Conduct statistical analyses and determine appropriate model validation processes and frequencies. Validate selected models including theoretical model design, data integrity and completeness, and reliability.
Job Requirements:
Bachelor's degree (or foreign equivalent) in Economics, Statistics, or a closely related field. Requires one year of experience in the job offered or a closely related role. One year of experience performing financial analysis, financial modeling, and statistical analysis. Experience may be concurrent. Job may be performed remotely up to one day per week.
Salary: $122,200 to $192,500/year. Standard benefits package.
Apply online https://www.valley.com/about/careers.

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