Our client is seeking a Vice President for their Model Risk Management team. This is an exciting opportunity for a highly motivated individual with a passion for quantitative modelling and risk management. The successful candidate will be responsible for analyzing model risk across pricing, margin, clearing fund, stress testing and liquidity models. They will collaborate with other teams to assess model risk and associated remediations. This role is a hybrid work environment.

Are you ready to take on a challenging and rewarding role in the financial industry? As a Vice President, you will be responsible for ensuring that the company's models are accurate and reliable. You will work with a team of experts to identify and mitigate model risk across pricing, margin, clearing fund, stress testing and liquidity models. You will also collaborate with other teams to assess model risk and associated remediations. Here's what you'll do:

• Review and assess model risk across pricing, margin risk and stress testing of financial products and derivatives. You will be responsible for ensuring that the models are accurate and reliable, and that they are being used appropriately.
• Design and implement benchmark models and model testing tools, including backtesting, using best industry practices and innovations. You will be responsible for developing new models and testing tools to ensure that the company's models are up-to-date and accurate.
• Write and review validation documentation. You will be responsible for documenting the validation process and ensuring that it is thorough and accurate.
• Perform model performance testing, including portfolio back-testing using historical data. You will be responsible for testing the performance of the models and ensuring that they are accurate and reliable.
• Review implementation of models and systems focusing on requirement verification. You will be responsible for ensuring that the models are being implemented correctly and that they are meeting the company's requirements.
• Collaborate with other teams on model risk analysis. You will work with other teams to identify and mitigate model risk across the company.

What You Bring:
Our client is looking for a dynamic and driven individual with a passion for quantitative modelling and risk management. To be successful in this role, you will need:

• Strong quantitative skills, with the ability to demonstrate deep understanding in financial mathematics, econometrics, data analysis, and risk management methods. You will need to have a strong understanding of quantitative modelling and risk management.
• Good understanding of markets and financial derivatives in equities, interest rate, and commodity products. You will need to have a good understanding of the financial markets and the products that are traded in them.
• Strong programming skills, with proficiency in database technology and query languages such as SQL. You will need to be proficient in programming and database technology.
• The ability to write independent code for testing. You will need to be able to write code for testing and be able to work independently.
• Strong problem-solving skills, with the ability to accurately identify a problem's source, severity, and impact to determine root cause and identify potential solutions. You will need to be able to identify problems and come up with solutions.
• Proficiency in technical and scientific documentation. You will need to be able to document the validation process and ensure that it is thorough and accurate.

Our esteemed client offers a competitive salary and benefits package, as well as opportunities for career development and growth. Our client is an equal opportunity employer and welcomes applications from all qualified candidates.