Job Description
Poste et missions Natixis is seeking a VP or Director-level quantitative analyst to join the CUSO Model Validation team within MRM as a Model Risk Validator.
The Model Risk Management (MRM) Group within the Risk Department (Model Risk & Risk Governance) is responsible for Model Validation, Model Risk Assessment and Model Risk Management for Natixis' Group. CUSO Model Risk Management is an integral part of the MRM Group and is responsible for the model risk management activities in Natixis CUSO.
The Model Risk Validator will be responsible for conducting independent validation of various types of models used across the company with a focus on the Compliance models in order to assess and quantify model risk.
He/she/they will:
- Conduct independent validation of various types of models used across the company in order to assess and quantify model risk.
- Work cross-functionally within the organization including collaboration with business lines as well as key integral support units.
- Coordinate and conduct model validation processes and monitoring in adherence with internal policies, procedures and regulatory guidelines.
- Evaluate the models based on various aspects including model data, parameters, design and methodology, implementation and model documentation.
The salary range for the VP-level position will be between $145,000 - $175,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.
The salary range for the director-level position will be between $185,000 - $215,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.
Profil et comptences requises Masters or equivalent degree in economics, statistics, finance, physics, mathematics or other quantitative fields.
5+ years of experience for Vice-President (10+ years for Director) in model validation, model development, quantitative research or quantitative audit.
Experience with developing or validating models, e.g.; Pricing models, Risk models (Stress Testing models, IMM/EEPE and IMA models) and/or Compliance.
Effective written and verbal communication skills.
Ability to interact and work closely with business stakeholders at all levels of seniority.
Ability to work effectively in a team environment.
Ability to effectively handle a fast paced environment and successfully meet established deadline requirements.
Self-motivated with the ability to work independently.
Proficiency in Microsoft Office.
Advanced Programming skills in one or several language (C/C+, C#, Python, SQL, VBA, R, MATLAB, etc.)
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