AVP-Analytics & Modeling

Skills and Competencies

* A strong academic background in a quantitative field such as mathematics, physics, economics or engineering or a program focused on quantitative discipline is essential, with a preference for candidates holding a post-graduate degree.
* A deep understanding of quantitative finance, modeling, and model validation, coupled with practical experience is required, along with a basic understanding of financial products and markets.
* The ability to articulate complex ideas fluently and clearly.
* Proficiency in programming languages such as R, Python, MATLAB, and SQL, with the ability to work within an established code base. Knowledge of C++ programming is preferred.
* Previous experience in model validation and development, particularly in areas such as credit risk, counterparty credit risk, or market risk is necessary. Candidates should be adept at handling model validation assignments with minimal supervision.
* For the position of Analytics and Modeling Analyst, we are looking for candidates with 2-6 years of experience in model development or validation roles within financial institutions.
* For the position of Associate Vice President, 8 plus years of experience in the model development, validation, and risk analytics is necessary.

Education

A strong academic background in a quantitative field such as mathematics, physics, economics or engineering or a program focused on quantitative discipline is essential, with a preference for candidates holding a post-graduate degree.

Responsibilities
* Manage and develop a team of Quantitative Analyst and Senior Quantitative Analysts or Model Validators on the validation of credit rating methodologies
* Independent validation of models and scorecards used in credit rating methodologies, ESG frameworks, and AI models.
* Assess model inputs, conceptual soundness, model performance, assumptions, limitations, and weaknesses of the proposed model or methodology.
* Replicate models and develop challenger models to perform sensitivity and benchmarking analyses.
* Create validation test plans and draft validation reports that document findings with concision, clarity, and attention to detail.
* Perform ad-hoc analyses to support the team as needed.
* This role requires an individual that has the following attributes:
* Build and nurture relationships: Inspire and encourage team members to build strong, collaborative relationships
* Provide timely feedback and coaching: Offer constructive feedback and coaching to help team members optimize their potential
* Role-model growth mindset: Foster innovation and advance the team's evolution by demonstrating a growth mindset
* Encourage agile thinking and adaptability within the team
* Translate strategy into actionable goals: Ensure the team focuses on critical priorities by setting clear, actionable goals
* Establish a compelling vision: Provide clear direction and a compelling vision for the team to follow
* Create a culture of trust: Honor commitments and treat everyone with respect to build a culture of trust
* Highly organized, efficient, and detail-oriented, demonstrating a high level of accuracy in their work.
* Possesses excellent organizational skills, capable of multitasking and prioritizing work effectively within a team environment.
* The ability to work under pressure, meet tight deadlines, manage time efficiently, and maintain focus is essential.
* Candidates should be capable of working both independently and collaboratively, with strong English written and spoken communication skills