Temporary and
Consulting Positions

Description

• You will be working with Model Risk Management focused on validating  Counterparty credit risk models covering trading portfolios.
• Work independently and validate advanced risk models including counterparty credit risk
• Review and challenge models used in counterparty credit risk
• Assess the conceptual soundness and appropriateness of different models and perform related outcome, impact and benchmark analyses
• Run analyses on implementations to assess their correctness and stability
• Carry out and document independent model validation in line with regulatory requirements and internal standards Potentially develop challenger risk models, validate and review on-going model performance
• Interact and discuss with model users, developers, senior owners and governance bodies

Requirements

• Master or PhD degree in a quantitative discipline (e.g. Statistics, Mathematics, Physics, Engineering)
• A strong theoretical grounding in advanced probability, statistics, time series analysis and related concepts.
• Strong working experience in quantitative financial methodologies (derivatives theory and models, probability theory, Mathematics, etc.)
• Strong communication skills and the ability to explain technical topics clearly and intuitively Matlab, VBA, R, Python or other programming languages. 

Our client, an investment bank located in New York, NY is seeking a Regulatory Attorney to act as an advisor for their Global Risk Management team. Previous Legal & Compliance experience from an investment bank is needed. This individual will advise senior management on rules and regulations across the vast number of business lines to ensure correct controls are in place for compliance purposes. Previous experience with federal agencies and regulatory organizations,including but not limited to SEC, CFTC, FINRA, etc. is needed. 

Our client, a leading Investment Bank located in New York, NY is looking for a Quantitative Analyst to join their growing Model Risk Management team. This person will focus on both market and credit risk models across asset classes. The client is looking for candidates who have worked with different types of Market and Credit Risk models, not just one specific subset. This individual will be analyzing the conceptual soundness of risk models and engines, assessing model behavior and its suitability to particular products as well as the appropriateness of the model’s output risk sensitivities.

The initial focus of this position is on VaR and CCR modeling for securitized products, FI, FX, equity and credit products, and consists of the following core responsibilities:

• Analyzing the conceptual soundness of risk models and engines
• Assessing model behavior and its suitability to particular products/structures
• Assessing appropriateness of the model’s output risk sensitivities
• Quantifying the materiality of suggested model improvements
• Liaising with front office quants, traders, risk and finance professionals and provide guidance on model risk
• Cogently reviewing analysis findings resulting in model approval or disapproval

Our client, a global Asset Management firm located in New York, NY, is seeking a Business Resiliency Lead to join their growing team. This individual will manage all aspects of the resiliency program developing, implementing, and transforming a world-class business continuity plan. They will also work with IT on data setup, defining policies and procedures, and system management. Individual will also be working closely with risk on third party vendors and system data, ensuring proper dependency mapping, and documenting processes and training guides. Must have previous experience working with BCCs (Business Continuity Coordinators) on completing beta BCP plans. Strong technical skills required.

Client is aggressively interviewing and hiring to have start REMOTE.