Associate – Risk Management – Model Validation – Securitised Products

Roles and Responsibilities:

– Serve in a Global Model Validation Group role, responsible for validating models used across the Agency mortgage and securitized products businesses.

– Evaluate model conceptual soundness, ongoing monitoring frameworks, and model outcomes to assess appropriateness for intended use.

– Identify, analyze, and quantify potential model risk, including sensitivity to assumptions, calibration accuracy, performance stability, and robustness of model outputs.

– Produce comprehensive model validation documentation, including validation findings and risk-based assessments of model limitations and assumptions.

– Present validation results and risk assessments to senior management, model risk governance committees, and business stakeholders.

– Build collaborative partnerships with stakeholders while maintaining independent and principled challenge.

Mandatory Qualifications & Domain Expertise:

– Education: Ph.D. in a quantitative discipline (Statistics, Mathematics, Economics, or a related field) strongly preferred. A Grad/Post Grad degree with strong relevant experience will be considered.

– Experience: Minimum 3 years of experience in model validation or a front-office quantitative group at a major financial institution.

Technical Skills:

– Hands-on experience working with mortgage pool- and loan-level performance data to identify behavioral drivers of prepayment and default.

– Proven ability to build and/or validate Agency MBS prepayment models and mortgage credit models.

– Strong knowledge of the U.S. mortgage market, statistical modeling, survival analysis, time-series forecasting, and/or machine learning techniques.

– Advanced proficiency in Python, R, and SQL for quantitative modeling and data analysis.

Soft Skills:

– A team player with strong verbal and written communication skills.