VP Counterparty Credit Risk Modeling & Analytics
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Overview
Remote
On-site
Compensation
$138,000-$138,000/year
Job Description
Title: VP Counterparty Credit Risk Modeling & AnalyticsOffice Status: Hybrid New York, NYBase Salary: $138k $185k + BonusABOUT THE ROLE This Vice President opportunity sits within the Counterparty Credit Risk Analytics function of a leading global financial institution, offering full ownership of CCR model development, enhancement, calibration, and ongoing performance monitoring across derivatives and securities financing transactions. The role sits at the intersection of quantitative modeling, regulatory compliance, and cross-functional collaboration partnering closely with Risk IT, model validation, and senior stakeholders to drive improvements in PFE methodologies, data quality controls, and model implementation for new products. It's an ideal fit for a quantitatively rigorous risk modeling professional with deep CCR expertise who can translate complex analytical frameworks into clearly defined mathematical solutions and communicate findings effectively across technical and non-technical audiences.RESPONSIBILITIES
- Lead efforts to define and enhance PFE methodologies for both existing and new products;drive CCR modeling requirements and partner with Risk IT for implementation
- Identify model weaknesses and limitations;develop remediation actions and compensating controls to address gaps
- Perform root-cause analysis to identify MTM and PFE differences across different valuation methodologies;develop and execute model calibration and ongoing monitoring activities including breach analysis and remediation
- Work closely with the model validation group on model changes;address model validation findings in a timely and well-documented manner
- Lead discussions on CCR modeling requirements for new products and collaborate cross-functionally to ensure successful implementation
- Communicate complex modeling concepts, methodologies, and results clearly to a diverse range of stakeholders across risk, technology, and senior management
- Contribute to broader enterprise risk management practices including derivatives and SFT valuation methodology development
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FAQs About VP Counterparty Credit Risk Modeling & Analytics Jobs at Madison-Davis
What is the work location for this position at Madison-Davis?
This job at Madison-Davis is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Madison-Davis?
Candidates can expect a pay range of $138,000 and $138,000 per year.
What employment applies to this position at Madison-Davis?
The employer has not provided this information. This may be discussed during the hiring process.
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