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Millennium · 9 hours ago

Head of Model Review and Governance

Miami, FL

Full-time

Onsite

Director/Executive

$160K/yr - $250K/yr

10+ years exp

Millennium is seeking a Head of Model Review and Governance to oversee the review and governance framework of pricing models used to value positions held within the fund. The successful candidate will coordinate model review activities, lead validation working groups, and ensure compliance with internal governance standards.

Asset ManagementFinanceFinancial ServicesHedge Funds

H1B Sponsor Likely

Responsibilities

Coordinate model review activities across asset-class specialists to ensure consistent and rigorous validation of pricing models

Lead and run Model Validation Working Groups, facilitating discussions and decision-making on pricing-related issues

Ensure that all model testing is thoroughly documented and compliant with internal governance standards

Maintain and update the inventory of pricing models used to value positions held by the fund, ensuring proper version control and documentation

Act as a subject matter expert on pricing models and their governance, providing support and guidance to internal stakeholders

Continuously evaluate and improve the model governance framework to align with industry best practices

Qualification

Model validationPricing modelsRisk managementPythonDerivatives productsInterpersonal skillsCommunication skillsDetail-oriented

Required

An advanced degree or equivalent in a quantitative field such as Engineering, Mathematics, Physics, or a related discipline

At least 10 years of relevant work experience, with a strong focus on pricing models, model validation, or risk management

Advanced knowledge of derivatives products and their associated risks

Strong coding skills in Python, with experience in developing tools for model validation and testing

Highly detail-oriented, demonstrating thoroughness and a strong sense of ownership over work

Proven team player with excellent interpersonal skills and a willingness to collaborate and support others

Strong communication skills, with the ability to present complex concepts to both technical and non-technical audiences

Benefits

Discretionary performance bonus

Comprehensive benefits package

Company

Millennium

Glassdoor3.7

Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $83.5 billion in assets.

Founded in 1989

New York, New York, USA

5001-10000 employees

https://www.mlp.com

H1B Sponsorship

Millennium 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

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Trends of Total Sponsorships

2025 (264)

2024 (146)

2023 (156)

2022 (146)

2021 (73)

2020 (86)