Sr. Model Validation Manager

Key Skills

Java Programming, Python Programming, C++, C Programming, SQL, Cloud computing, Scala Programming, Machine learning techniques, Data science techniques, MATLAB Programming, PyTorch, TensorFlow, R Programming

Job Description

East West Bank is seeking a Sr. Model Validation Manager to join the Bank’s Model Risk Management (MRM) group. The Sr. Model Validation Manager will be responsible for helping the team to maintain, improve and execute the Bank’s MRM framework, standards, and processes. This will include performing model assessment, leading independent model validation projects, ongoing model risk maintenance related tasks, and model validation finding management and closure evaluation.

Responsibilities

• Lead model validation projects
• Manage ongoing model risk management activities such as quarterly model certification process, annual model review process, model inventory update, model validation finding management and closure evaluation
• Support regulatory exams, internal and external audits
• Promote best industry model risk management practices throughout the company including China and Hong Kong subsidiaries

Qualifications

• Master’s degree in quantitative field such as mathematics, statistics, economics, or financial engineering
• 10+ years of experience in statistical analysis, model development, or model validation
• 10+years of experience in financial industry, a plus
• Extensive experience in writing strong model documentation
• Proficient in mathematics, statistics, and statistical modeling techniques
• Knowledge of financial products and/or quantitative modelling in the financial industry
• Proficient in programming, such as, SQL, R, and Python
• Highly proficient in MS Office applications
• Intellectually curious, self-motivated with strong interests in modeling techniques
• Excellent analytical, verbal, written, interpersonal communication skills with a strong attention to detail and accuracy
• Ability to work both independently, lead assigned projects and in a team-orientated, collaborative environment
• Detail oriented, results driven, and able to balance priorities in a dynamic environment
• Excellent work ethics