Senior Model Validation Director
Sumitomo Mitsui Banking Corporation – SMBC Group
full-time
Posted on:
Location Type: Hybrid
Location: Jersey City • New Jersey, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $202,000 - $235,000 per year
Job Level
Senior
About the role
- 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.
- Develops and applies model quality assessment and approval criteria to ensure the integrity of model implementation, inputs, outputs, monitoring and reporting.
- Communicates findings from validate 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.
Requirements
- 10 years of wholesale credit modelling or validation experience in Financial Services;
- Master Degree in Quantitative Math, Finance or Physics a plus;
- Strong analytical skills, both quantitative and qualitative.
- Good problem solver; able to work multiple cross-functional efforts.
- Effective interpersonal skills, strong communication, especially written.
- Ability to climb fast learning curves in areas of limited prior experience.
Benefits
- Competitive portfolio of benefits
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
model validationmodel risk governancemodel quality assessmentquantitative analysisqualitative analysisfinancial modelingmodel implementationongoing monitoringreporting
Soft skills
analytical skillsproblem solvinginterpersonal skillscommunication skillsability to learn quickly
Certifications
Master Degree in Quantitative MathMaster Degree in FinanceMaster Degree in Physics