The Model Risk Management (MRM) Team at Vanguard is seeking an experienced model risk professional to support independent oversight of quantitative models used across Vanguard's Investment Management Group (IMG).
Requirements
- PhD degree in a quantitative discipline such as Computer Science, Mathematics, Statistics, Physics, Engineering or an equivalent combination of training and experience
- Minimum of 7 years of relevant experience in model development or model validation
- Broad knowledge of relevant modeling frameworks and standards
- Strong knowledge of financial products across at least one of the asset classes: equities, fixed income, etc.
- Experience in the asset management business (sell side or buy side) is required
- Familiarity with risk models (counterparty, liquidity, internal capital, market risk) is a plus
- Knowledge of programming languages including Python and MATLAB
- Knowledge of technology platforms such as AWS SageMaker used for model development and deployment, CI/CD is a requirement
- Experience developing, testing or validating AI/ML models is a plus
- Excellent communication, negotiation, diplomacy, and presentation skills is a must
- Broad knowledge of risk management at financial institutions preferred
- Experience validating third party models and familiarity with third party models and platforms used in asset management (e.g., Aladdin, Axioma, Barra, etc.) preferred
Benefits
- Paid Time Off
- 401k Matching
- Retirement Plan
- Visa Sponsorship