Advanced Model Risk Management Specialist
1 week ago
At SGS Société Générale de Surveillance SA, we are seeking an Advanced Model Risk Management Specialist to join our team in the US.
This is a unique opportunity for a talented professional to contribute to the development and maintenance of the continuous model monitoring framework. The successful candidate will work closely with cross-functional teams, including model validators, model developers, business stakeholders, IT, auditors, and risk managers.
The ideal candidate will have a strong analytical background, with a bachelor's degree in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, Engineering, or Mathematics. A master's degree is preferred. They should have minimum 2 years of experience in model development, validation, or a front-office quant role. Proficiency in Python and SQL programming languages is essential.
We offer a competitive salary of $120,000 per year, commensurate with experience, plus benefits that include a minimum of 20 vacation days + 4 personal days, supportive maternity, paternity, parental, and adoption leave policy, health spending ($2,000/year) and personal spending ($1,000/year) accounts, and various Employee Resource Groups (ERG) to engage with.
In this role, you will be responsible for:
- Designing and implementing metrics to monitor model performance
- Drafting business requirements for metric implementation to IT support and detailed description of the metric calculation methodologies
- Liaising with the first line of defense and validation teams in management reporting on the model risk evolution and remediation actions
- Maintaining the quality and consistency of data across different systems and management reporting tools used by MRM
We foster a culture of continuous development, encouraging our employees to participate in various training programs. Our hybrid work environment offers flexibility to work remotely, as well as on-site. If you are passionate about model risk management and want to make a meaningful contribution to our organization, please apply now.
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