HW3 · 2 weeks ago
Director Risk Model Validation
NYC Metro Area
Full-time
Hybrid
Director/Executive
$200K/yr - $235K/yr
10+ years expHW3 is a global financial institution seeking a Director-level Risk Model Validation professional to enhance its U.S. Model Risk Management framework. The role involves leading the independent validation of stress testing and capital models while ensuring regulatory compliance and effective communication with stakeholders.
RecruitingStaffing Agency
Hiring Manager
Adara Kelly
Responsibilities
Lead independent validation of stress testing, capital, and credit risk models across the organization
Assess conceptual soundness, model implementation, assumptions, and ongoing performance
Develop and enhance validation methodologies and governance standards
Review annual model assessments, model changes, and ongoing monitoring results
Prepare clear, regulator-ready validation documentation and reports
Communicate findings and recommendations to senior management and governance committees
Support regulatory expectations related to SR 11-7, CCAR, DFAST, CECL, and capital frameworks
Qualification
Required
10+ years of experience in model validation and/or model risk management within financial services
Strong experience validating stress testing and capital-related models
Solid understanding of regulatory model risk expectations
Strong quantitative and qualitative analytical skills
Excellent written and verbal communication skills
Preferred
Programming experience (Python, R, SAS, SQL preferred)
Company
HW3
HW3 is a global recruitment consultancy that offers staffing and recruitment services within regulated industries.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$7MKey Investors
Meraki Capital
2024-07-30Series Unknown· $7M
Leadership Team
Nick Vaughan
Founder & CEO
Mark DePanfilis
Client Growth Partner
Company data provided by crunchbase