Quantitative Model Validator for Market Risk

3 weeks ago


Toronto, Ontario, Canada MUFG Full time

Unlock Your Career Potential in Market Risk Management

Mitsubishi UFJ Financial Group (MUFG) is a global leader in financial services, and we are seeking a highly skilled Quantitative Model Validator to join our team. As a key member of our Market Risk Management department, you will be responsible for validating mathematical models related to market risk, ensuring their accuracy, and contributing to the development of our Model Risk Management Program.

Key Responsibilities:

  • Validate numerical, statistical, and mathematical models related to market risk, assessing their conceptual soundness and evaluating assumptions and data integrity.
  • Assess the mathematical, statistical, and theoretical soundness of each model and verify its performance under stress testing.
  • Contribute to the development, maintenance, and implementation of our Model Risk Management Program.

Requirements:

  • Advanced degree in mathematics, finance, computer science, statistics, or a related field.
  • Experience with numerical and statistical tools, such as Python, C, SAS, MATLAB, or R.
  • Strong analytical, logical reasoning, and problem-solving skills.

We Offer:

  • A dynamic and collaborative work environment.
  • Opportunities for professional growth and development.
  • A competitive compensation package.


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