Elevate your career as a Director of Model Validation focusing on equity derivatives. This role emphasizes independent validation and effective risk communication within BMO.
As the Director of Model Validation, you will assess model risks and confirm their appropriateness for specific portfolios. This senior position requires expertise in developing validation strategies, managing equity volatility regimes, and mentoring junior quantitative analysts. You will also analyze complex payoffs, optimize numerical methods, and ensure adherence to regulatory frameworks while collaborating with trading desks.
Key Responsibilities:
• Develop validation strategies and plans for model assessments
• Validate and test models against validation standards
• Lead validation across various equity volatility regimes
• Review model calibration routines and associated data
• Optimize numerical methods to enhance performance
Requirements:
• Advanced degree in quantitative fields...