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Senior Director, Model Validation Job Details

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Senior Director, Model Validation (Ref: 617871)
Sector, Sub Sector: Other
Compliance Type: Regulatory/Compliance
Expertise: -
Company: Capital One
Location: McLean
Employment Type: Permanent
Job Description:


Capital One, a top 10 bank, is looking for a Senior Director to lead its Model Validation team for Treasury models. This individual and their team would be responsible for ensuring the accuracy and robustness of the firm's key Capital Markets models. Clients of the group include senior management, business heads, internal audit, and the regulators. The individual would report directly to the Chief Scoring Officer and work closely with the Treasury group.



Responsibilities:

• Conduct independent validations of key models used by the Treasury group. This will require a thorough understanding of the models' frameworks and how they are used in ultimately making business decisions.

• Present the findings of these validations to senior management, including the Chief Financial Officer and the Chief Risk Officer

• Develop and maintain enterprise-wide policies and procedures for validating models in accordance with OCC Bulletin 2000-16 as well as Capital One's policies and procedures


Basic Qualifications:

• Bachelor's Degree

• 5+ years of experience with Capital Markets models, such as Portfolio Valuation (fixed income, loans, and derivates), Market Risk management, Asset Liability management, Mortgage-backed securities, Asset-backed securities, and prepayment modeling

• 5+ years of Model Validation experience



Preferred Qualifications:

• 10+ years of experience with Capital Markets models, such as Portfolio Valuation (fixed income, loans, and derivates), Market Risk management, Asset Liability management, Mortgage-backed securities, Asset-backed securities, and prepayment modeling

• 10 +years of Model Validation experience

• Success in developing, managing, and leading teams

• Bachelor's Degree in Finance, Economics, Statistics, or Mathematics

• Advanced degree in Finance, Economics, Statistics, or Mathematics

• CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager)

• Direct experience working with Polypaths, Reval, Quantitative Risk Management (QRM), and ADCo, or other comparable vendor analytics systems

• Excellent communication skills




Capital One will not file non-immigrant visa petitions for alien workers.

As a recipient of TARP funding subject to the ARRA, Capital One will not sponsor new H-1B petitions or transfer existing H1B visas for new hires to Capital One.
Job Ref No: 617871