Investment Management - Model Risk Job at Selby Jennings, New York, NY

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  • Selby Jennings
  • New York, NY

Job Description

A tier 1 American Investment Bank is looking to bring on a VP level candidate to join their Model Risk team covering models for Investment Management.

This individual will be responsible for performing model validation duties across a range of Investment Management models including pricing and risk models, Portfolio Construction Models, and Asset Allocation models, across a broad range of asset classes. This individual will be be business facing, and have direct exposure to working closely with Portfolio Managers.

The ideal hire will have 5+ years working in an Investment Risk or model validation function, with exposure to a range of traded asset classes. The ideal candidate will have hands on experience in Python, C++, R, or SQL and a higher level degree in a Mathematical function.

Responsibilities:

  • Research and test pricing, risk, factor investing, ESG, and Portfolio Construction models across a range of investment strategies
  • Perform ad-hoc model analysis as required
  • Work closely with PMs and front office quant development team to mitigate issues in Portfolio Construction and Risk Management
  • Design new benchmark models to monitor performance

Qualifications:

  • 5+ years in a Quantitative risk function, model validation, risk analytics, quant modelling
  • Exposure to Portfolio Construction, Asset Allocation, Investment Risk,
  • Working knowledge of a range of investment strategies in Fixed Income and Equities
  • Masters or Phd degree
  • Excellent communication skills and the ability to work alongside PMs
  • Working Ability in Python, C++, R, or SQL

Job Tags

Permanent employment,

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