Director, Model Risk Management

Job Summary

Director, Valuation & Capital Markets Analytics (VCMA) - Quantitative Financial Advisory Solutions (QFAS) is responsible for leading and delivering complex Model Risk Management (MRM) engagements across the full project lifecycle—from proposal development through execution and completion. This role will oversee the management of MRM assignments, guide and develop team members, and ensure the highest quality of client service. In addition, the Director will contribute to business development initiatives, strengthen client relationships, and support appraisal and review activities that enhance the growth of the practice.

Job Duties

• Executes the office's business development plan in collaboration with the MRM team, building and maintaining relationships with key executives and stakeholders to support growth across business lines and industries.
• Leads and manages MRM services across a wide range of model families, including :
• Credit Risk Models : CECL, Basel, CCAR, loss forecasting, and stress testing.
• Market & Balance Sheet Models : Valuation models and Asset Liability Management (ALM) models.
• Compliance & Monitoring Models : BSA / AML compliance and fraud detection.
• Oversees engagements from initiation to completion, including project setup, administrative coordination, team management, client communications, and presentations.
• Critically reviews model functionality, evaluates methodologies and assumptions, and documents conclusions.
• Ensures quality controls, regulatory expectations, and BDO risk management procedures are consistently adhered to in all client deliverables.
• Actively participates in internal and external client meetings, contributing to project execution, knowledge sharing, and relationship building.
• Other duties as required.

Supervisory Responsibilities

Qualifications, Knowledge, Skills, and Abilities

Education

Experience

Software

Other Knowledge, Skills, & Abilities

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.

National Range : $260,000 - $300,000

Maryland Range : $260,000 - $300,000

NYC / Long Island / Westchester Range : $260,000 - $300,000

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