Hi,
I have a position for the below requirement, please do reply me to *moh...@datagrp.com <moh...@datagrp.com>* or please do reach me on *201 – 308 – 8704* *IMMEDIATE NEED* *Position: Quantitative Analyst* *Location: Wilton, CT* *Duration: 8+ Months* *J.D:* A leading Insurance client is looking to build a model risk management team onsite in Connecticut. *Role Summary:* This opportunity is for a *Model Validation Quant role* within the Model Risk Management Group. The primary function is to perform detailed validation of Risk models, Exposure models and Pricing models from across the firm. Responsible for contributing to the validation of models and performance of a high quality risk analytics as identified within the model risk management framework for the Corporation . Resolves complex issues in model validation and measuring risk, allocation of capital for performance measurement, or other aspects of risk measurement. *Job Description:* · team on specific projects/requirements pertainingWork with the account/Bank to model risk analytics · client’s model risk management group building productiveWorking closely with relationships · relationship identified from time to time in theAny other working organization · independent validation of business unit models (pricing,Responsible for the portfolio management, portfolio optimization) and enterprise-wide models that impact credit risk, market risk and capital allocation framework. Resolve complex issues in modeling and measuring the risk impact of model limitations and uncertainty. · Responsible for the independent validation of quantitative models across the organization; resolving complex issues in capital estimation, regulatory reporting or external financial statements and other aspects of model risk measurement · Responsible for model validation, participation in quantitative analytical processes for risk and regular production of analytical work and reports. Serves as a point of contact for model risk analytics and internal risk teams · Evaluates existing model risk framework in relation to department objectives and industry leading practices. Assesses validation requirements and actively provides solutions to enhance the model validation framework · Understanding of Derivatives pricing and risk measurement models and techniques · Supports internal capital allocation methodologies by ensuring that capital modeling and allocation approaches meet both internal corporate needs and regulatory requirements related to prevailing regulatory guidance · Provides technical/theoretical expertise to resolve model risk issues and enhance overall model risk framework. Works with other Risk teams to ensure that model risk management policies/processes and quantitative modeling approaches are consistent · Provides communication and supports training efforts to promote understanding of model risk measurement throughout the company · Operates independently; has in-depth knowledge of business unit / function and complex modeling techniques · Conducts validations independently, ensuring accuracy and completeness · Responsible for direct interaction with various model owners and users *Experience on: * · Blackrock / MSCI Barra platform · *State Street models* *Qualification:* PhD / M. Sc (Financial Engineering / Statistics / Mathematics) / MBA in finance from top B-schools . CFA/FRM/CQF candidates preferred *Experience* · 3-5 Years of work experience in BFSI Domain working on Model Risk Management related areas in Asset Management · Excellent oral and written communication skills are required. The candidate is expected to justify all his validation findings to the Higher Management very clearly. · Should have strong knowledge in Statistics acquired academically or through Work experience · Strong conceptual and technical knowledge of risk concepts and quantitative modeling techniques. Understanding of stochastic calculus, derivatives pricing theory & numerical methods. · Functional / Industry Knowledge is required. Analytical and problem solving skills are required. · Strong Excel skills are required. · Technical skills / systems knowledge (e.g. SAS, Matlab, R) is desirable. · *Experience in CCAR models validation desirable. * · *Financial Regulation knowledge (Dodd Frank, BASEL III) will be desirable* -- You received this message because you are subscribed to the Google Groups "only.SAP" group. To unsubscribe from this group and stop receiving emails from it, send an email to onlysap+unsubscr...@googlegroups.com. To post to this group, send email to onlysap@googlegroups.com. Visit this group at http://groups.google.com/group/onlysap. For more options, visit https://groups.google.com/d/optout.
