Southern California financial institution seeks a Model Validation Analyst.
This person will be a team member of the corporate-wide model validation group. The main responsibilities will include assisting the SVP of Model Validation in conducting testing of internally developed and third party valuation and risk models. Additional responsibilities will include analyzing QRM’s market and product/sub-account definition and assumptions or multiple installations across different corporate entities; Researching alternative product/sub-account definitions; Producing valuations and analysis to benchmark QRM system results to third party and proprietary quantitative analysis systems; Documenting test results and findings; Supporting ad-hoc validation projects on topics such as fixed income pricing, mortgage analytics, prepayment and default/loss modeling, interest rate derivatives, hedging / risk management, asset liability management, VaR, and economic capital.
Requirements include a BA/BS in Finance, Economics, Physics, Mathematics, Statistics, or other hard science. CFA, FRM, or Masters desired along with 1 to 3 years of QRM BSM (ALM) or QRM SV (Servicing) system experience. SQL, Oracle or Sybase experience required; Proficiency any of the following programming languages C++/#, Java, Matlab or Visual Basic; the ability to deliver quality test documentation on tight deadlines.
This position comes with an outstanding compensation and benefit pakcage, along with considerable advancement opportunities. Reloaction assistance is available.
For immediate consideration please submit your resume in Word Format to ian@comprehensiverecruiting.com.
