confidentialEast Boston, MA
Associate Vice President, Quantitative Analyst
Associate Vice President, Quantitative Analyst
Associate Vice President, Quantitative Analyst
confidentialEast Boston, MA
2 days ago
Portfolio Management and Investment AdviceMiscellaneous Financial Investment ActivitiesInvestment Banking and Securities Intermediation
Apply for this role (opens in a new tab)Associate Vice President, Quantitative Analyst
About the Company:
- Expanding provider of investment management, research & trading services
- IndustryFinancial Services
- TypePublic Company
Founded1792Employees10,001+Categories
Financial Services
Investment Management
Consulting & Professional ServicesB2BAsset Management
BostonFinanceInsurancePublicly TradedAngel Investment
BankingSpecialtiesinvestment managementcustodianetffinancial productsfund accountingrelationship managementresearchtradingand investment servicing
Business ClassificationsB2BAbout the RoleThe Company is seeking an Associate Vice President to join its Model Risk team. The successful candidate will be responsible for collaborating with model owners to ensure compliance with model risk regulatory requirements for all quantitative models. This includes the development, review, and documentation of front office models, justifying modeling assumptions and results, and supporting the implementation of model governance infrastructure.
The role also involves project management, workflow management, and engaging with various business lines and the internal model validation group. Applicants for the Associate Vice President position should have a graduate degree in a quantitative discipline and 3 to 5 years' of experience in the model risk field. The role requires a strong understanding of quantitative analysis methods in financial institutions, advanced programming skills in statistical programming environments, and knowledge of financial markets.
The ideal candidate will have a high-level understanding of capital and liquidity-related regulations, the ability to multi-task in a fast-paced environment, and excellent communication skills. Responsibilities also include developing customized solutions for independent model testing, conducting post-implementation reviews of trading algorithms, and collaborating with model owners on model updates and ongoing monitoring plans.
Hiring Manager TitleGlobal Head
FunctionsData Management/Analytics
Also on the board Same function, level within a rung
Level
Senior
Location
East Boston, MA
Occupation
Financial Quantitative Analysts
Industry
Portfolio Management and Investment Advice
Posted
2 days ago