Model Risk Governance Quant VP, Dublin

  • Negotiable
  • Dublin, Leinster, Ireland
  • Permanent, Full time
  • Morgan McKinley
  • 10 Dec 18

Global investment bank seeks VP level Model risk Governance Quant as part of their expanding Model risk function in Dublin.

This is a new team, created in line with the banks brexit strategy. The team is responsible for ensuring a model control framework and ensuring that the internal models are appropriate for the entity's portfolio.

Overall purpose of the role

Drive the implementation and adherence to Model Risk Management Framework, Model Risk Policy, and overall standards of model risk management and support model owners and model developers and Risk teams to ensure models and methodologies are consistent and appropriate.

Essential Skills/Basic Qualifications:

  • Risk Model governance experience, including good business and risk judgement
  • Significant experience in a model-development or business/ risk/ finance area where an excellent understanding of model usage is required
  • Solid experience in a quantitative governance role within risk management (credit/counterparty/market/operational) in financial services
  • Extensive overall risk management experience
  • Bachelor's degree in numerate subject such as mathematics, physics, financial engineering or a track record of performance that demonstrates this ability.
  • Technical skills - Competence in the use of Python, Excel, possibly SAS or other data management software
  • Excellent organisational skills and the ability to manage multiple assignments concurrently
  • Strong communication, relationship and good stakeholder management skills - able to influence at various senior levels across the organisation and experience in engaging with regulators and auditors
  • Excellent interpersonal skills with proven track record of demonstrating integrity, initiative and strong commitment
  • Decisive, clear, proactive, energetic and capable of acting at speed and have the energy and resilience to work in a complex and challenging environment
  • Ability to challenge, influence, and drive implementation of change and best practice

Qualifications

  • Master's or Ph.D. in a numerate subject such as mathematics, physics, financial engineering or the like
  • Strong understanding of stress testing
  • Experience in multiple areas in regulatory models
  • Experience of managing and working with complex projects and delivering to tight deadlines
  • Track record of interacting with senior stakeholders along with strong influencing skills.
  • Strong facilitation and Negotiation skills evidenced through managing and influencing discussion and debate at a senior level
  • Working knowledge of impairment, capital and market risk models
  • Highly analytical mind with a strong attention to detail.
  • Track record and passion for developing and driving effective processes

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.