Model Risk (Rates) (Risk Management) : Job Level - Vice President

Responsibilities: Understand how models are used in business processes and assess their effectiveness Perform independent validation of pricing models for daily valuation and risk management Evaluate model documentation and robustness of testing against firm standards Assess conceptual soundness and limitations of models and tools Conduct quantitative testing and ensure ongoing performance monitoring is adequate Identify and escalate model risks and engage 1LOD/2LOD stakeholders to mitigate issues Collaborate with developers, Market Risk, Valuation Control to ensure quality and governance Produce high-quality review reports for senior management and governance Share workload, prioritize initiatives, and drive efficiency across the team Identify, quantify, and report model risk issues including horizon risks Provide timely notification and escalation of model risk matters Lead and participate in ad hoc analyses of model behavior and risk characteristics Manage the book of work and team capacity to deliver impact

Key requirements: Masters degree or PhD in quantitative discipline or Finance strong foundation in numerical methods, probability, stochastic calculus risk-focused mindset with ability to challenge, improve and implement quantitative models clear analytical thinking, business judgment, proactive problem solving strong interpersonal and communication skills to explain complex concepts to technical and non-technical stakeholders comfort leading meetings and engaging with senior leaders ability to work in a dynamic, high-pressure environment and manage multiple deliverables experience managing and leading a global team strong communication and influencing abilities leadership and collaboration critical thinking and curiosity quantitative modelling and validation pricing models for rates, FX and commodities risk management and monitoring frameworks