Jefferies ยท 4 months ago
VP, Credit Risk - Model Validation
520 Madison Avenue, New York, NY, 10022, US
Full-time
Onsite
Mid, Senior Level
$160K/yr - $200K/yr
5+ years expJefferies is a global investment banking firm, and they are seeking a Vice President Quantitative Analyst to join their Model Validation function. The role involves performing independent validation of models, assessing model risk, and communicating findings to stakeholders while contributing to cross-functional initiatives within the model risk team.
BankingFinancial ServicesWealth Management
Responsibilities
Perform independent validation and approval of models, including raising and managing model validation findings
Conduct annual review and revalidation of existing models
Provide effective challenge to model assumptions, mathematical formulation, and implementation
Assess and quantify the model risk arising from model limitations, to inform stakeholders of their risk profile and development of compensating controls
Contribute to strategic, cross-functional initiatives within the model risk team
Oversee ongoing model performance monitoring, including benchmarking, process verification and outcome analysis performed by model developers
Communicate the results of model validation activities, model limitations and uncertainties to the key stakeholders and management
Contribute to automation/AI efficiency initiatives
Qualification
Required
MSc or preferably PhD in a quantitative field (physics, mathematics, computer science, financial engineering, etc.)
Understanding of all aspects of the VaR computation framework and Counterparty Credit Risk modelling
Strong Python coding skills preferable
Strong communication skills with the ability to find practical solutions to challenging problems
Teamwork and collaboration skills a must
Experience (at least 5 years) with risk model validation and/or development
Company
Jefferies
Jefferies provides research and execution services in equity, fixed income, and foreign exchange markets.
5001-10000 employees
H1B Sponsorship
Jefferies has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (147)
2024 (122)
2023 (83)
2022 (183)
2021 (169)
2020 (60)
Funding
Current Stage
Late StageTotal Funding
unknown2012-11-12Acquired
Leadership Team
Shekhar Asnani
Vice President Investment Banking
Cameron Lester
Managing Director, Global Co-head of Tech Investment Banking
Recent News
2026-01-08
2026-01-07
2026-01-05
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