Director, model validation

Key Responsibilities Performs validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business/management to ensure transparency and understanding of models and model risks.

Develop validation strategies and plans to ensure appropriate type and level of validation of models is carried out.

Independently validates / tests models and their associated assumptions, benchmarks, and supporting documentation against model validation process, standards, guidelines and principles, which includes:

Develop, enhance, and maintain independent benchmark models for exotic equity derivatives (e.g., autocallables, barriers, quantos, range accrual, variance products, hybrids).

Analyze complex payoff structures and produce accurate pricing, Greeks, and scenario analyses.

Lead model validati...