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Fixed Income/ Equities Exotics Model Validator

Fixed Income/ Equities Exotics Model Validator

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  • Permanent
  • New York

Are you a highly skilled quantitative analyst with a passion for model validation and risk management?

Do you have a track record of excellence in validating derivatives pricing models and assessing model limitations?

If so, a top tier Investment Bank is currently seeking a Vice President Quantitative Analyst to join the Model Validation function and help manage model risk across the organization.


Responsibilities include:

·       Independently verifying and approving models, while managing any issues identified during the verification process.

·       Performing annual reviews and re-evaluations of existing models.

·       Challenging model assumptions, mathematical formulations, and implementation methods in an effective manner.

·       Assessing and quantifying fixed income and/or Equity model risk resulting from limitations in the model, and communicating these findings to stakeholders to develop compensatory controls.

·       Contributing to strategic, cross-functional initiatives within the model risk team

·       Overseeing continuous performance monitoring of models, including benchmarking, process verification, and outcome analysis conducted by model developers.


To be considered for the role you must possess the following skills and experience:

·       MSc or preferably PhD in a quantitative field

·       Experience of validation and/or front-line development of derivatives pricing models at a leading financial institution (at least 4/5 years experience)

·       Strong derivative pricing skills a must.

·       Working knowledge of VBA and Python.

·       Ideally in a good theoretical understanding of interest-rate product pricing models and/or Equity pricing models.


This role is based in New York. If you do not live in New York or not able to relocate ASAP, please do not make an application, as we won’t be able to consider you.


This client offers flexibility and a competitive salary.

Upload your CV/resume or any other relevant file. Max. file size: 78 MB.

Job Overview
Risk Management
Job Location
New York
Job Type