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Selby Jennings

VP Counterparty Risk Analytics

Selby Jennings, New York, New York, us, 10261

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$150,000.00/yr - $190,000.00/yr Direct message the job poster from Selby Jennings Market Risk Recruitment Consultant at Selby Jennings

A Global Investment Bank, who has recently been growing out their Credit and Market Risk team over the last 2-3 years, is looking to hire a VP level candidate on their Counterparty Credit Risk Analytics team to primarily focus on the enhancement of PFE modeling and analyzing various modeling approaches. This individual will lead discussions on modeling new products, driving implementation of new models while enhancing existing models. They will also perform ongoing counterparty surveillance, risk exposure monitoring, ad-hoc analysis along with working closely with front office on estimating exposures. The firm is targeting individuals with 5+ years of experience in counterparty credit risk or market risk modeling. This firm is known for having some of the best culture and work life balance on the street and prides itself on maintaining these standards. Role Objectives

Monitor models analyzing the results for any remediation action. Define and enhance methodology for existing and new products. Model reviews and ensuring compliance with regulatory standards. Model risks and limitations identification. Analysis of stress testing results and enhancing frameworks. Qualifications and Skills

Minimum 5+ years of experience in counterparty credit risk or market risk modeling. PhD or Master's degree in Mathematics, Statistics, or a related field. Strong knowledge of derivatives products, and derivatives valuation/PFE calculation. Model development experience with CCR/XVA, VaR, FRTB or Stress Testing. Excellent analytical, problem-solving and communication skills. Proficiency in statistical programming languages. Seniority level

Executive Employment type

Full-time Job function

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