Sr Quant Model Validator @ Ameriprise

The Sr. Manager of Quantitative Model Validation position will report directly to VP - Quantitative Model Validation Manager and manages a team of quantitative model validation analysts to test and evaluate the conceptual soundness of models and assess limitations and suitability for use.

Key Responsibilities:

• Subject matter authority in the key model risk area of Stress testing and Capital Adequacy Analysis, Financial and Investment Risk, and Market Risk.
• Responsible for managing and executing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals for low-, moderate-, or high-risk models.
• Leads a team of junior quantitative model validators to test and evaluate the conceptual soundness of models and assess limitations and suitability for use.
• Subject matter expert in a key model risk area such as Artificial Intelligence/Machine Learnings, Statistical and Stochastic processes, Finance/Banking/Econometrics or Insurance and Actuarial Modeling.

Required Qualifications:

• Has a proven track record with a minimum of ten years of experience with Masters (or eight years with PhD) in model risk management in banking or insurance.
• Has a master s degree in computational finance, economics, science, data science, math, statistics, or related area.
• Previous people leadership experience and shown ability to mentor and develop people.
• Confirmed ability to apply both strategic and analytic techniques to provide business solutions and recommendations.
• Ability to work independently with high initiative and comfortable working optimally in a collaborative team environment.
• Proven success in communicating sophisticated information to senior management in a compelling fashion.
• Strong written and verbal communication skills.
• Leads organizational change with varying audiences, can successfully influence partners.