Strategic Model Risk Management Specialist
4 days ago
Societe Generale de Surveillance SA is seeking a skilled Strategic Model Risk Management Specialist to join its esteemed team. As a key member of the company's Risk Management Department, you will be instrumental in driving the sustainable growth of the organization by leveraging your expertise in model risk management.
About the Job:
The ideal candidate will have a strong background in quantitative analysis and experience working with large datasets. You will be responsible for independently assessing model design and conceptual soundness, verifying data quality and consistency, and performing backtesting, benchmarking, and sensitivity analysis to evaluate model performance.
Main Responsibilities:
- Develop and implement effective model risk management strategies
- Conduct regular reviews of models to ensure they are functioning as intended
- Collaborate with front-office staff and risk managers to identify areas for improvement
- Stay up-to-date with regulatory requirements and industry best practices
Requirements:
- Bachelor's degree (Master's or PhD preferred) in a quantitative field
- Minimum 3 years of experience in model development, validation, or a front-office quant role
- Strong programming skills in Python, R, C++, or similar
- Familiarity with model risk management practices and regulatory requirements
Benefits:
- Estimated salary: $100,000 - $150,000 per year
- Minimum of 20 vacation days + 4 personal days
- Supportive maternity, paternity, parental, and adoption leave policy
- Health spending and personal spending accounts
- Fully sponsored virtual healthcare assistance
- Various Employee Resource Groups (ERG)
- Continuous development through training programs
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