Head of Model Validation Houston, TX

Head of Model Validation

• Company

  Comprehensive Recruiting

• Location

  Houston, TX

• Compensation

  Outstanding compensation, benefit and relocation plan.

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  Feb 13, 2013

• eFC Ref no

  1130540

Our client is looking to add a Head of Model Validation in Houston that will be responsible for leading a small team for validating and approving all qualifying models.

This person will also lead the verification of model performance; response to stress input conditions; writing validation reports that lay out the results of theoretical review and testing; establishing strong relationships with key business partners and other stakeholders (ratings agencies, external and internal audit, State and Federal Regulators).  Candidates should have at least 10-15 years of expereince in financial model development/validation or risk management. Candidates should have a Masters or PhD in a quantitative discipline (Mathematics, Engineering, Physics, Statistics, Computer Science).  Knowledge of econometric (cross-sections, time series) and statistical techniques is required.  Candidates should have expereince working with Life and Annuity products and knowledge of the GAAP and Statutory accounting.  Must also have strong programming skills Excel/VBA, SAS, R, C++ or Python.  Should have some expereince leading a team of junior staff