Vice President of Quantitative Risk Management
About the Company
We are a leading provider of investment management, research, and trading services, with a strong presence in the financial services industry.
Industry
Financial Services
Type
Public Company
Founded
1792
Employees
10,001+
About the Role
We are in search of a Vice President of Quantitative Risk Management to lead our Model Risk Management Department. In this pivotal role, you will spearhead a team dedicated to conducting model validation activities, particularly focusing on establishing and executing a comprehensive validation framework for AI/ML models. You will be expected to remain updated on regulatory requirements and industry best practices surrounding AI/ML and risk management.
Your key responsibilities will include streamlining validation processes, performing in-depth analysis on large datasets using machine learning, and effectively communicating with model developers and business stakeholders. The ideal candidate brings a Master’s or PhD in a quantitative discipline, at least 5 years of experience in quantitative analytics within a regulated financial institution, and a solid track record in AI model validation or development.
We are looking for someone with a strong analytical and quantitative mindset who can lead and motivate a diverse team. Excellent organizational and communication skills are essential, as well as a passion for managing talent and fostering a culture of innovation. Proficiency in traditional machine learning, generative AI, deep learning, and large language models is crucial. Fluency in coding, particularly in Python, alongside familiarity with ML libraries like TensorFlow and PyTorch, is also required.
This role necessitates a deep understanding of AI regulatory requirements, as well as experience collaborating with global regulators within the banking or financial services sectors. We value diversity and are eager to find a candidate who is a team player, embraces change and innovation, and makes data-driven decisions.
Hiring Manager Title
Head of Global Advisors Model Risk and Corporate Model Validation
Travel Percent
Less than 10%
Functions
- Data Management/Analytics
- Finance